Caribbean Development Bank
$66,820,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Belize
- Fiscal year
- 2013-2014
- Agreement period
- May 24, 2013 – March 31, 2015
- Project status
- Finalisation
- Reference
- CA-3-M013798001
Published purpose
This contribution represents institutional support by Canada for the eighth cycle of the Special Development Fund of the Caribbean Development Bank, to support economic and social development in the poor countries in the Caribbean. The Fund is the Bank's s concessionary window from which grants and loans of longer maturity and lower interest rates are provided to the poorest and most vulnerable countries to support poverty reduction as well as social and economic development in the Caribbean. The themes and priorities for the eighth cycle of the Special Development Fund are: inclusive and sustainable growth; environmental sustainability and climate change; citizen security; and regional cooperation and integration. The Bank will continue its efforts to make progress on the Millenium Development Goals and support to Haiti. Canada is one of the largest non-borrowing shareholders of the Caribbean Development Bank (equal to the UK), and the largest contributor to its Special Development Fund.
In plain English AI-generated
This contribution provides institutional support to the Caribbean Development Bank's Special Development Fund, helping finance grants and concessional loans for poverty reduction and social/economic development in poor Caribbean countries, including climate and governance priorities.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
Community tags
Tags are applied by readers, not by this site. One tag per person per record.