{"id":4977,"date":"2018-03-29T08:31:40","date_gmt":"2018-03-29T13:31:40","guid":{"rendered":"http:\/\/projectcalls.com\/?p=4977"},"modified":"2018-03-27T07:32:29","modified_gmt":"2018-03-27T12:32:29","slug":"cdb-approves-usd50-million-to-restore-economic-stability-build-resilience-in-bvi","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/cdb-approves-usd50-million-to-restore-economic-stability-build-resilience-in-bvi\/","title":{"rendered":"CDB approves USD50 million to restore economic stability, build resilience in BVI"},"content":{"rendered":"

The Board of Directors of the Caribbean Development Bank (CDB) has approved a USD50 million (mn) loan to the Government of the British Virgin Islands. The funds will support efforts to restore economic stability and build resilience following the passage of Hurricanes Irma and Maria in 2017. Damage and loss as a result of the natural disasters were estimated at over USD3.6 billion, equivalent to more than 300 percent of the British Virgin Islands\u2019 annual gross domestic product (GDP).<\/p>\n

\u201cThis policy-based loan came about as a result of consultation and collaboration between CDB and the Government of the British Virgin Islands. It responds to the urgent need to restore livelihoods and essential services following the impact of the 2017 hurricanes. The funding will provide immediate liquidity support to the Government, as well as lay the foundation for wide-ranging reforms to enhance the country\u2019s resilience and growth<\/em>,\u201d said\u00a0Dr. Justin Ram, Director of Economics, CDB<\/strong>.<\/p>\n

The policy-based loan is structured around two themes:<\/p>\n

\u2026 more<\/a><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

Image:\u00a0\u00a0Juhasz Imre (Pexels<\/a>)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Board of Directors of the Caribbean Development Bank (CDB) has approved a USD50 million (mn) loan to the Government of the British Virgin Islands. The funds will support efforts…<\/p>\n","protected":false},"author":19,"featured_media":4988,"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":[112],"tags":[75,182,198],"class_list":["post-4977","post","type-post","status-publish","format-standard","has-post-thumbnail","category-newsdevelopments","tag-british-virgin-islands","tag-caribbean-development-bank","tag-disasters"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-1ih","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":5172,"url":"https:\/\/projectcalls.com\/dev\/usd65-5mn-rehabilitation-and-reconstruction-project-launches-in-the-british-virgin-islands\/","url_meta":{"origin":4977,"position":0},"title":"USD65.5mn rehabilitation and reconstruction project launches in the British Virgin Islands","author":"Michele Marius","date":"April 13, 2018","format":false,"excerpt":"The Caribbean Development Bank (CDB) has launched a Rehabilitation and Reconstruction Project in the British Virgin Islands (BVI), which will assist the country in recovering from the effects of Hurricane Irma. The Project, which was launched on April 10, 2018, will be funded through a USD65.3 million (mn) loan and\u2026","rel":"","context":"In "News\/Developments"","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\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5836,"url":"https:\/\/projectcalls.com\/dev\/cdb-releases-2017-annual-report\/","url_meta":{"origin":4977,"position":1},"title":"CDB releases 2017 Annual Report","author":"Michele Marius","date":"June 8, 2018","format":false,"excerpt":"The Caribbean Development Bank (CDB) has released its\u00a02017 Annual Report, highlighting the institution\u2019s performance, initiatives and results delivered during the year. \u201cThe Bank recorded strong growth, and exceeded targets in both total approvals and disbursements,\u201d said\u00a0President, Dr. Wm.\u00a0Warren Smith.\u00a0\u201cThe Bank was able to respond quickly and meaningfully to the various\u2026","rel":"","context":"In "News\/Developments"","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\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18782,"url":"https:\/\/projectcalls.com\/dev\/rda-to-host-procurement-workshop-to-solicit-stronger-tender-submissions\/","url_meta":{"origin":4977,"position":2},"title":"RDA To Host Procurement Workshop To Solicit Stronger Tender Submissions","author":"Mayra Bonilla Lopez","date":"October 7, 2021","format":false,"excerpt":"British Virgin Islands For one day only, the Recovery and Development Agency will host a procurement workshop aimed at improving contractors and supplier\u2019s capacity to effectively respond to general bidding opportunities as well as for projects financed by the Government of the Virgin Islands, and the Caribbean Development Bank. Acting\u2026","rel":"","context":"In "Articles"","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\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/10\/pexels-thirdman-8469988-scaled-e1633656504339.jpg?fit=1156%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7009,"url":"https:\/\/projectcalls.com\/dev\/cdb-funded-public-sector-training-gets-under-way-in-four-countries\/","url_meta":{"origin":4977,"position":3},"title":"CDB-funded public sector training gets under way in four countries","author":"Michele Marius","date":"October 17, 2018","format":false,"excerpt":"Dozens of public servants from Anguilla, the British Virgin Islands (BVI), Cayman Islands and Haiti are learning how to make public projects and policies work better and more effectively for their countrymen. The officials are participating in the Caribbean Development Bank\u2019s (CDB) Public Policy Analysis and Management and Project Cycle\u2026","rel":"","context":"In "News\/Developments"","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\/Empty-auditorium-seats-Pixabay-Pexels.jpeg?fit=1024%2C731&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Empty-auditorium-seats-Pixabay-Pexels.jpeg?fit=1024%2C731&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Empty-auditorium-seats-Pixabay-Pexels.jpeg?fit=1024%2C731&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Empty-auditorium-seats-Pixabay-Pexels.jpeg?fit=1024%2C731&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4976,"url":"https:\/\/projectcalls.com\/dev\/cdb-funds-project-to-assist-with-restoration-of-electricity-in-dominica\/","url_meta":{"origin":4977,"position":4},"title":"CDB funds project to assist with restoration of electricity in Dominica","author":"Michele Marius","date":"March 28, 2018","format":false,"excerpt":"The Caribbean Development Bank (CDB) has announced that it will provide USD16 million (mn) in funding to Dominica Electricity Services Limited (DOMLEC), to assist with the restoration of electricity generation services. On March 22, 2018, the Bank\u2019s Board of Directors approved the provision of a loan of USD15.8 mn and\u2026","rel":"","context":"In "News\/Developments"","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\/Filament-light-bulbs-illuminated-Burak-Kebapci-Pexels.jpeg?fit=1024%2C682&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Filament-light-bulbs-illuminated-Burak-Kebapci-Pexels.jpeg?fit=1024%2C682&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Filament-light-bulbs-illuminated-Burak-Kebapci-Pexels.jpeg?fit=1024%2C682&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Filament-light-bulbs-illuminated-Burak-Kebapci-Pexels.jpeg?fit=1024%2C682&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":21994,"url":"https:\/\/projectcalls.com\/dev\/dominica-to-benefit-from-multi-million-dollar-loans-and-grants-from-cdb\/","url_meta":{"origin":4977,"position":5},"title":"Dominica to benefit from multi-million-dollar loans and grants from CDB","author":"Mayra Bonilla Lopez","date":"May 5, 2022","format":false,"excerpt":"Dominica \u00a0 The Barbados-based Caribbean Development Bank (CDB) is providing more than EC$200 million (One EC dollar=US$0.37 cents) in grant and loan funding to Dominica\u00a0for major infrastructural work on the island. Prime Minister Roosevelt Skerrit said Dominica will receive EC$132.6 million including a grant of US$32.9 million from Britain for\u2026","rel":"","context":"In "Articles"","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\/05\/pexels-andrea-piacquadio-3760067-scaled-e1651713315633.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/05\/pexels-andrea-piacquadio-3760067-scaled-e1651713315633.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/05\/pexels-andrea-piacquadio-3760067-scaled-e1651713315633.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/05\/pexels-andrea-piacquadio-3760067-scaled-e1651713315633.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/4977","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=4977"}],"version-history":[{"count":2,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/4977\/revisions"}],"predecessor-version":[{"id":4989,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/4977\/revisions\/4989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media\/4988"}],"wp:attachment":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media?parent=4977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/categories?post=4977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/tags?post=4977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}