Caribbean Development Bank committed to supporting Dominica’s goal to “build back better” following Hurricane Maria
The Caribbean Development Bank is extending the implementation timeline for projects under the Bank’s Basic Needs Trust Fund (BNTF) in Dominica.
The Bank says it is committed to supporting Dominica’s goal to “build back better” following Hurricane Maria.
CDB’s Board of Directors, at a December 13 meeting in Barbados, approved a proposal to allow USD$1.9 million in already-committed BNTF resources to remain available to Dominica until December 31, 2020.
Under BTNF cycles 7 and 8, which began in 2012 and 2014 respectively, country projects were scheduled to be completed by December 31, 2018.
The decision means that funds which had been committed but not yet disbursed, will remain available to complete several important projects.
These include water supply rehabilitation projects in La Plaine, Salisbury, Bagatelle, Fond St. Jean and Boetica, building the Grand Bay/Dubique Resource Centre and rehabilitation of the San Sauveur Primary School.