idb

Trinidad and Tobago to Receive $20 Million Loan From IDB
Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago will be receiving a $20 million loan from the Inter-American Development Bank. The loan seeks to improve the country’s handling of property registration, by cutting the …

Dominican Republic: IDB Approves $100M Loan For Poverty Alleviation
Above: the Dominican Republic By the Caribbean Journal staff The Inter-American Development Bank has approve a loan of as much a $100 million to help fund poverty alleviation programmes in the Dominican Republic. The project aims to reduce the country’s …

Haiti Receiving $36 Million Grant For Port-au-Prince Water Services
Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti is set to receive $35.5 million in grant funding for a programme aimed at improving drinking water services in Port-au-Prince. The grant was approved by the Inter-American Development Bank, which …
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Suriname to Receive $100 Million in Loans From IDB, China
Above: Suriname’s National Assembly By the Caribbean Journal staff Suriname will be receiving a pair of $50 million loans from the Inter-American Development Bank and the China Co-financing Fund for Latin America and the Caribbean. The funding is part of …
Haiti Receives $15 Million IDB Grant For Agricultural Reforms
Above: an irrigation channel (IDB Photo/Paul Constance) By the Caribbean Journal staff Haiti is set to receive a $15 million grant from the Inter-American Development Bank to support reforms in the country’s agricultural sector. Farming currently accounts for around half …
IDB, CDB Sign $20M Agreement For Projects in Dominica, Grenada, St Lucia
Above: Dominica (CJ Photo) By the Caribbean Journal staff The Inter-American Bank and the Caribbean Development Bank have signed a $20 million agreement for a global loan programme for projects in four Organization of Eastern Caribbean States countries. The loan …
China to Provide $2 Billion for IDB Latin America and Caribbean Fund
Above: the Chinese Embassy in Kingston By the Caribbean Journal staff The Inter-American Development Bank and the People’s Bank of China have approved a new fund to support private and public sector projects that promote “sustainable economic growth” in Latin …
Honduras to Receive $17.2 Million IDB Loan for Highway Project
Above: Puerto Cortes By the Caribbean Journal staff The Inter-American Development Bank has approved a $17.2 million loan to widen and improve the principal highway in Honduras, it announced. The loan will complement a $30 million loan approved by the …
Bahamian Hotels to Go Green
Above: Abaco By the Caribbean Journal staff A new programme in the Bahamas will help the country’s hotel sector go green. The Caribbean Hotel Energy Efficiency and Renewable Energy Action-Advanced Programme, which launched this week, aims to improve the competitiveness …
Trinidad Receives $246.5 Million IDB Loan for Environmental Conditions
By the Caribbean Journal staff Trinidad will be receiving a $246.5 million loan from the Inter-American Development Bank for a programme to improve the country’s environmental conditions. The loan will finance the first phase of a $546.5 million, three-phase programme …
Trinidad and IDB Launching Sustainable Energy Programme
By the Caribbean Journal staff Trinidad and Tobago and the Inter-American Development Bank are launching an IDB-funded Sustainable Energy Programme. The plan, which is officially being launched on Friday, will create a Sustainable Energy Matrix and Framework for the country, …
Haiti’s Government, IDB Consider Forming National Road Safety Committee
Above: the conference in Haiti (Photo: OP Haiti) By the Caribbean Journal staff With several deadly road accidents in Haiti in recent years, it may be time to create a national committee on road safety in the country. That was …
Haiti to Officially Open Caracol Industrial Park, Joined by Bill and Hillary Clinton
Above: construction on the park earlier this year By the Caribbean Journal staff Haiti is officially inaugurating the Caracol Industrial Park Monday, the opening of what is hoped to become a job creator in the country. Haiti resident Michel Martelly …
Bahamas Receives $65M Loan to Complete New Providence Road Works Project
Above: work on Prince Charles Drive in Nassau last year (FP) By the Caribbean Journal staff The Bahamas will be receiving a supplemental loan of as much as $65 million for its large-scale road network project in New Providence following …
Barbados Finance Minister, IDB Vice President Hold Talks in Bridgetown
Above: Bridgetown, Barbados (Caribbean Journal Photo) By the Caribbean Journal staff Barbados Finance Minister Christopher Sinckler and Inter-American Development Bank Vice President Roberto Vellutini recently held talks in Bridgetown. The two sides focused their discussions on economic issues, particularly the …
Haiti and Inter-American Development Bank to Accelerate Projects
Above: a waterfall in Haiti (Photo: MT Haiti) By the Caribbean Journal staff Haiti and the Inter-American Development Bank have agreed to step up the pace of collaborations on several projects in the country. The plans focuses on six areas: …
Bahamas Gets $24 Million in IDB Loans for Foreign Trade, Poverty Reduction
Above: Nassau, Bahamas (CJ Photo) By the Caribbean Journal staff The Bahamas will be receiving a pair of loans totaling $24 million from the Inter-American Development bank. The funding will include a $16.5 million credit to support international trade, while …
United Kingdom to Contribute Funding for Citizen Security in Jamaica
By the Caribbean Journal staff A citizen security programme aimed at reducing crime and violence in Jamaica’s high-risk cities will receive a $11.2 million from the United Kingdom’s Department for International Development. Jamaica, which has the highest homicide rate in …