IDB member countries in the Caribbean are feeling the economic impact of the coronavirus pandemic. The lifeblood of tourism has stopped flowing to The Bahamas, Barbados and Jamaica. Falling commodity prices are impacting Guyana, Suriname and Trinidad and Tobago. All are grappling to control a public health crisis that is straining human and financial resources. IDB experts … [Read more...] about Coronavirus and the Caribbean: economic implications and options
The IX Annual Inter-American Development Bank (IDB) Group-Caribbean Civil Society Meeting, held November 12, 2019 in Barbados, brought together experts and regional representatives to dive deep into the theme “Citizen Engagement for Transparency”. Therese Turner-Jones, General Manager for the Caribbean Country Department (CCB) in the IDB, in her discussion at the forum, called … [Read more...] about Engaging Citizens for Transparent Societies: How is the Caribbean doing?
Hurricane Dorian’s impact on The Bahamas is a reminder that natural disasters can cause devastating loss of life and property, and impacted countries could have urgent financing needs for emergency response following a catastrophic event. The Inter-American Development Bank’s Contingent Credit Facility for Natural Disaster Emergencies (CCF) is designed to provide a financial … [Read more...] about What is the Contingent Credit Facility?