{"id":15401,"date":"2021-02-09T09:31:32","date_gmt":"2021-02-09T14:31:32","guid":{"rendered":"https:\/\/projectcalls.com\/dev?p=15401"},"modified":"2021-02-09T09:32:16","modified_gmt":"2021-02-09T14:32:16","slug":"cdb-idb-sign-us50-million-loan-for-covid-19-response-in-the-oecs","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/cdb-idb-sign-us50-million-loan-for-covid-19-response-in-the-oecs\/","title":{"rendered":"CDB, IDB sign US$50 million loan for COVID-19 response in the OECS"},"content":{"rendered":"<p>The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) today signed a US$50 million loan agreement to support COVID-19 response projects in the\u00a0Organisation\u00a0of Eastern Caribbean States (OECS) Member States.<\/p>\n<p lang=\"EN-US\" xml:lang=\"EN-US\">The agreement was signed by CDB Vice-President (Operations), Diana Wilson Patrick and IDB Representative in Barbados,\u00a0Juan Carlos De la Hoz Vinas.<\/p>\n<p>The loan will provide economic resources to OECS Member States \u2013 Antigua and Barbuda, Commonwealth of Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia and Saint Vincent and the Grenadines.<\/p>\n<p><strong>CDB\u2019s Vice-President (Operations), Diana Wilson Patrick said<\/strong>, <em>\u201cThe COVID-19 pandemic has highlighted the\u00a0specialised\u00a0role that multilateral development banks, like CDB and IDB, play in coordinating development assistance and planning systematic recovery. We reaffirm our commitment to continued\u00a0collaboration and partnership, to provide our Borrowing Member Countries (BMCs) with essential financing, technical support, and policy advice to protect the Region\u2019s most vulnerable people\u00a0and\u00a0build resilience against shocks like COVID-19.\u201d\u00a0<\/em><\/p>\n<p><strong>General Manager of the IDB Caribbean Country Department, Therese Turner-Jones noted<\/strong>,\u00a0<em>\u201cSince 1977, the IDB has had a long-term collaborative relationship with the CDB. In this way, we\u00a0are able to\u00a0extend our mission of improving lives in Latin America and the Caribbean to those countries that are not IDB borrowing members but are certainly valued members of an important Caribbean sub-region.\u00a0The high level of interconnectedness and interdependency between the vulnerable economies of our region has been underscored during this pandemic. Our continued support will help bolster the OECS response to the COVID-19 crisis and pave the way to recovery and greater resilience in the region.\u201d\u00a0<\/em><\/p>\n<p>The\u00a0loan agreement signed today will finance a\u00a0programme\u00a0to\u00a0help reduce mortality and morbidity from COVID-19 and ensure minimum levels of quality of life and health for vulnerable people in the\u00a0countries mentioned. In addition, it will provide support for Micro, Small and Medium-Sized Enterprises (MSMEs).<\/p>\n<p>To achieve this, the\u00a0programme\u00a0focuses on three main components:<\/p>\n<ul role=\"list\">\n<li role=\"listitem\" aria-setsize=\"-1\" data-aria-level=\"1\" data-aria-posinset=\"1\" data-font=\"Symbol\" data-leveltext=\"\u00b7\" data-listid=\"2\">Health\u00a0\u2013 health response, case detection and\u00a0monitoring;<\/li>\n<li role=\"listitem\" aria-setsize=\"-1\" data-aria-level=\"1\" data-aria-posinset=\"2\" data-font=\"Symbol\" data-leveltext=\"\u00b7\" data-listid=\"2\">Social\u00a0\u2013 transfer to vulnerable populations; and<\/li>\n<li role=\"listitem\" aria-setsize=\"-1\" data-aria-level=\"1\" data-aria-posinset=\"3\" data-font=\"Symbol\" data-leveltext=\"\u00b7\" data-listid=\"2\">Economic\u00a0\u2013 support for MSME financing.<\/li>\n<\/ul>\n<p>\u2026<a href=\"https:\/\/www.caribank.org\/newsroom\/news-and-events\/cdb-idb-sign-us50-million-loan-covid-19-response-oecs\" target=\"_blank\" rel=\"noopener\">more\u00a0<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><em>Image:\u00a0 Cytonn Photography (<a href=\"pexels.com\" target=\"_blank\" rel=\"noopener\">Pexels<\/a>)<\/em><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) today signed a US$50 million loan agreement to support COVID-19 response projects in the\u00a0Organisation\u00a0of Eastern Caribbean States (OECS) Member&#8230;<\/p>\n","protected":false},"author":19,"featured_media":5338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[250],"tags":[253,182,139],"class_list":["post-15401","post","type-post","status-publish","format-standard","has-post-thumbnail","category-articles","tag-business","tag-caribbean-development-bank","tag-healthcaremedical"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Handshake-Cytonn-Photography-Pexels.jpeg?fit=1024%2C683&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-40p","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":33764,"url":"https:\/\/projectcalls.com\/dev\/cdb-idb-launch-us5-22-million-project-to-boost-health-care-capacity-in-saint-lucia\/","url_meta":{"origin":15401,"position":0},"title":"CDB, IDB Launch US$5.22 Million Project to Boost Health Care Capacity in Saint Lucia","author":"Mayra Bonilla Lopez","date":"April 18, 2024","format":false,"excerpt":"Saint Lucia The Caribbean Development Bank, (CBD) in collaboration with the InterAmerican Bank, (IDB) on Thursday, February 8, 2024, launched a US$5.22 million project aimed at increasing the capacity of the public health care system in Saint Lucia to respond to current and emergent health security threats. The initiative was\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/04\/pexels-totalshape-2383010-scaled-e1713481568888.jpg?fit=1024%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/04\/pexels-totalshape-2383010-scaled-e1713481568888.jpg?fit=1024%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/04\/pexels-totalshape-2383010-scaled-e1713481568888.jpg?fit=1024%2C576&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/04\/pexels-totalshape-2383010-scaled-e1713481568888.jpg?fit=1024%2C576&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5447,"url":"https:\/\/projectcalls.com\/dev\/cdb-and-idb-showcase-procurement-opportunities-for-barbados-private-sector\/","url_meta":{"origin":15401,"position":1},"title":"CDB and IDB showcase procurement opportunities for Barbados private sector","author":"Michele Marius","date":"May 4, 2018","format":false,"excerpt":"Projects financed by the Caribbean Development Bank (CDB), and the Inter-American Development Bank (IDB) present significant business opportunities for the Region\u2019s private sector. However, limited understanding of the procurement processes at CDB and the IDB pose challenges for the business community, and result in low or unsuccessful participation. On Monday\u2026","rel":"","context":"In &quot;News\/Developments&quot;","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5908,"url":"https:\/\/projectcalls.com\/dev\/idb-and-cdb-jointly-host-integrity-workshop-in-guyana\/","url_meta":{"origin":15401,"position":2},"title":"IDB and CDB jointly host integrity workshop in Guyana","author":"Michele Marius","date":"June 15, 2018","format":false,"excerpt":"On Wednesday, May 23, the Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) together hosted an integrity workshop in Georgetown, Guyana. This joint workshop is the first in a series of events aimed at promoting integrity in CDB and IDB development financing interventions in each institution\u2019s respective Borrowing\u2026","rel":"","context":"In &quot;News\/Developments&quot;","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":25272,"url":"https:\/\/projectcalls.com\/dev\/cdb-idb-world-bank-endorse-jamaicas-procurement-system\/","url_meta":{"origin":15401,"position":3},"title":"CDB, IDB, World Bank Endorse Jamaica\u2019s Procurement System","author":"Mayra Bonilla Lopez","date":"November 24, 2022","format":false,"excerpt":"Jamaica Three International Financial Institutions (IFIs) have endorsed the Government of Jamaica\u2019s new electronic procurement system. Electronic procurement or e-procurement is the process of requesting, ordering and purchasing goods and services digitally utilising a system accessible by registered users. The innovation - which was implemented to support the process of\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/10\/pexels-soumil-kumar-735911-scaled-e1666942765270.jpg?fit=1025%2C684&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/10\/pexels-soumil-kumar-735911-scaled-e1666942765270.jpg?fit=1025%2C684&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/10\/pexels-soumil-kumar-735911-scaled-e1666942765270.jpg?fit=1025%2C684&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/10\/pexels-soumil-kumar-735911-scaled-e1666942765270.jpg?fit=1025%2C684&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":38107,"url":"https:\/\/projectcalls.com\/dev\/cdb-oecs-world-bank-working-to-increase-procurement-opportunities-for-caribbean-businesses\/","url_meta":{"origin":15401,"position":4},"title":"CDB, OECS, World Bank Working to Increase Procurement Opportunities for Caribbean Businesses","author":"Mayra Bonilla Lopez","date":"January 23, 2025","format":false,"excerpt":"Caribbean The Caribbean Development Bank (CDB, the Bank) in partnership with the Organisation of Eastern Caribbean States Commission (OECS) and the World Bank hosted a two-day event for regional businesses to take full advantage of procurement opportunities offered by their projects. The initiative, called the CDB, OECS, WB Procurement Fair,\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":32699,"url":"https:\/\/projectcalls.com\/dev\/cdb-oecs-and-world-bank-partner-to-fight-poverty\/","url_meta":{"origin":15401,"position":5},"title":"CDB, OECS, and World Bank Partner to Fight Poverty","author":"Mayra Bonilla Lopez","date":"February 22, 2024","format":false,"excerpt":"Caribbean The fight against poverty is being accelerated in 2024. Poverty reduction in the context of sustainable development remains high on the agenda for the Organisation of Eastern Caribbean States (OECS) Commission, in pursuit of the achievement of Sustainable Development Goal 1- The Eradication of Poverty in all its Manifestations.\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/02\/pexels-riya-kumari-874684-scaled-e1708641631144.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/02\/pexels-riya-kumari-874684-scaled-e1708641631144.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/02\/pexels-riya-kumari-874684-scaled-e1708641631144.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/02\/pexels-riya-kumari-874684-scaled-e1708641631144.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/15401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/comments?post=15401"}],"version-history":[{"count":2,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/15401\/revisions"}],"predecessor-version":[{"id":15411,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/15401\/revisions\/15411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media\/5338"}],"wp:attachment":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media?parent=15401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/categories?post=15401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/tags?post=15401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}