The fight against poverty is being accelerated in 2024. Poverty reduction in the context of sustainable development remains high on the agenda for the Organization of Eastern Caribbean States (OECS) Commission, in pursuit of the achievement of Sustainable Development Goal 1- The Eradication of Poverty in all its Manifestations. Following requests made from Member States […]
By Caribbean360 WASHINGTON, United States, Thursday April 30, 2020 – St. Lucia will benefit from US$10.5 million activated from World Bank projects to support the country’s COVID-19 response. This financing will strengthen the island’s efforts to address the health and economic impacts of the pandemic. “The health and socioeconomic impacts of COVID-19 are placing a heavy […]
Media Release Courtesy The World Bank
Wednesday, January 22, 2020 — WASHINGTON — The World Bank Board of Executive Directors approved a US$20 million Disaster Risk Management Development Policy Credit for Grenada with a Deferred Drawdown Option for Catastrophe Risks (Cat DDO). The Cat DDO provides Grenada with contingent financing in case of natural disasters while supporting the country’s reform program to […]