By Caribbean Business Report
The Caribbean Development Bank, in partnership with the Development Finance Corporation (DFC) and the Government of Belize, launched the Ninth Consolidated Line of Credit, amounting to USD 20 million.
This initiative aims to provide affordable financing to key sectors, including Micro, Small, and Medium-sized Enterprises (MSMEs), agriculture and industrial credit, education, energy efficiency and renewable energy, and low-income housing, thereby fostering sustainable economic growth and resilience in Belize.
The DFC has been instrumental in channeling financial support to priority sectors identified by the Government of Belize. Since 2009, the Bank has extended five lines of credit totaling over USD 59 million to the Government and directly to DFC. With this new line, the total loan resources provided to DFC will reach USD 79.15 million.