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CARICOM DEVELOPMENT FUND
(CDF)
BELIZE:
US $6.25 million - loan and grants to support MSME
development in the Private Sector
DOMINICA:
US $7.14 million for agricultural export development
and financing to private sector entities
GRENADA:
US $ 3.76 million for energy efficiency in the tourism
sector and financing private sector enterprises
GUYANA:
US $7.32 million towards upgrading farm access roads
for agricultural development
SAINT LUCIA:
US $6.10 million for private sector financing,
agricultural development and export promotion
ST. KITTS AND NEVIS:
US $3.99 million for financing SME’s, agricultural
development and energy efficiency in the manufacturing sector
ST. VINCENT AND THE GRENADINES:
US $7.47 million towards
airport construction works at the Argyle International Airport
ANTIGUA AND BARBUDA:
US $4.02 million for the redevelopment
of the Lower St John’s Cruise Terminal and completion of the
Learning
Resource Centre
The Barbados-based CDF was launched in 2008 as a development
fund with a mandate to support “disadvantaged countries, regions
and sectors” within the Caribbean Community (CARICOM) by
providing grants and loans toMember States to ameliorate disparities
and dislocations resulting from the implementation of the CSME.
The core activity of the CDF is its Country Assistance Programmes
(CAPs), aimed at mitigating temporary economic constraints facing
these Member States. Fifty-Five percent of all approved CAPs have
gone to the Public Sector while 45 percent have been applied to
enhancing competiveness in the Private Sector. The CDF works in
close partnership with the public, private, non-Government and other
development agencies to optimize the use of the Fund’s resources
for the benefit of the Member States.
At the end of August 2014, the CDF had approved US $46.05
million for all eight eligible countries and disbursed a total of US
$19.8 million to these Member States.
HIGHLIGHTS OF THE CDF’S APPROVED COUNTRY
ASSISTANCE PROGRAMMES (CAPs)
First Floor East SKYMall, Haggatt Hall, St. Michael
Phone: 246-436-1849 Fax: 246-435-4037 Web:
www.caricomdevelopmentfund.org