CDB Approves US$436 Million For Trinidad & Tobago

BRIDGETOWN, Barbados, Dec 10 2016 – The Board of Directors of the Caribbean Development Bank (CDB) has approved a country strategy for the Republic of Trinidad and Tobago for the period 2017 to 2021.

The strategy proposes financial support of US$436.7 million from CDB.

“This strategy underscores CDB’s longstanding commitment to helping Trinidad and Tobago achieve its development priorities. It will provide focused support that aims to unlock the country’s potential for economic and social development, improve competitiveness, promote good governance, and drive environmental sustainability,” said Dr. Justin Ram, Director of Economics, CDB.

Gender equality, as well as energy security and citizen security considerations, will be mainstreamed in CDB’s interventions delivered under the strategy.