World Bank Provides US$10.5 Million to St Lucia for COVID-19 Response

World Bank Provides US$10.5 Million to St Lucia for COVID-19 Response

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 […]

World Bank Approves US$20 million for Grenada to Reduce Disaster Risks and Build Resilience

Media Release Courtesy The World Bank

World Bank Approves US$20 million for Grenada to Reduce Disaster Risks and Build Resilience

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 […]