Caribbean Export OUTLOOK 2014 - 2015 (SPANISH)
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 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)
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
First Floor East SKYMall, Haggatt Hall, St. Michael Phone: 246-436-1849 Fax: 246-435-4037 Web: www.caricomdevelopmentfund.org
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