Tag: cdb


CDB President Calls On Caribbean Governments To Fix Regional Transportation

President of the Caribbean Development Bank (CDB), Dr. Gene Leon, has called on regional governments to address the Caribbean’s transportation issues. Dr. Leon says the absence of airlifts in some areas has seriously hampered trade and commerce.  He noted that intra-regional transport declined by as much as 50 percent between 2008 and 2018. In the Eastern Caribbean, he said the […]


Belize Gets US$5-Million Loan From CDB

The Caribbean Development Bank has approved a US$5-million loan for the Belize Agriculture Project. The loan was approved by the bank’s board of directors last month. The project aims to increase small farmers’ agricultural productivity and adaptability in rural Belize. It will see 70 kilometers worth of agricultural and rural roads rehabilitated and newly installed irrigation and drainage systems to […]


Grenada Bags US$8.95 Million Loan From IDB

Photo Source: YouTube The Grenada government is set to get US$8.95 million in loan from the Inter-American Development Bank. It has a variable interest rate of about 2.06% and the terms and conditions include a five-year grace period, with repayment over 20 years. The loan will serve as a stimulus to help people who have been marginalized by the Impact […]