Dominica to benefit from World Bank US$15M financing for Eastern Caribbean health sector

Dominica is to benefit from additional financing which is being provided by the World Bank for health sector projects in the Eastern Caribbean.

The World Bank Board of Executive Directors has approved US$15 million to replenish funds that were redirected from these projects to support the countries’ immediate emergency response to the COVID-19 pandemic.

“The World Bank provided speedy financing to Dominica, Grenada, Saint Lucia, and Saint Vincent and the Grenadines by allocating resources from existing health projects to fast-track procurement of essential medical equipment and to strengthen medical facilities during the COVID-19 pandemic,” said Tahseen Sayed, World Bank Country Director for the Caribbean.

On April 15, Dominica received US$6.6 million from those emergency funds to provide immediate funding for the country’s emergency response to the COVID-19 (coronavirus) pandemic with a focus on enhancing health system capacity and strengthening food security.

“A strong health sector is essential to save lives and build countries’ resilience. The additional financing ensures that important health projects receive quick replenishment of funds to continue their activities and accomplish project objectives,” Sayed stated.

Additional financing of US$10 million is provided to the Organisation of Eastern Caribbean States (OECS) Regional Health Project in Dominica (US$3 million), Grenada (US$2.5 million), and Saint Vincent and the Grenadines (US$4.5 million). The OECS Regional Health Project aims to improve preparedness capacities of health systems for public health emergencies.

Additional financing of US$5 million was also approved for Saint Lucia’s Health System Strengthening Project, which supports improved accessibility, efficiency, and responsiveness of key health services.

These projects rapidly released funds to support national responses to COVID-19 using their Contingent Emergency Response Components (CERCs). CERCs allow funds to be reallocated rapidly from existing projects and used for emergency response activities.

The additional financing for these projects comes from the International Development Association (IDA) with a maturity of 40 years, including a grace period of 10 years.

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9 Comments

  1. Bob D
    June 30, 2020

    Globalization in its Doctrine, calls for the CULLING of the Worlds Human Specie, the easiest of ways are continuous Wars , Pandemics, and Destabilisation, all of which truly benefits the World Bank. The IMF USA control and the EU World Bank, together with their PRIVATE Donors, have Strangled the Development and Self determination on every Clime. Drugs and Vaccines produced by their Multi- National Corporations are usually tested on the less developed, and is seen as Collateral Damage, if things don’t go as planned. $15m is a dis-honest number in the era of Lab manufactured PANDEMICS.The Commodity Slavery left behind are today, the most vulnerable”. KNOW THE PAST, SHAPE THE FUTURE”.

  2. Lin Clown
    June 29, 2020

    While the UWP uneducated coonu are braying,the international community are continuing to put money in the country.

    • RoRo
      June 30, 2020

      Beggars like nothing better when the international donors give a few crumbs.

  3. Sekmet RA
    June 29, 2020

    When is Dominica, the Caribbean, Africa and our indigenous people around the world going to wake up and stop accepting loans, grants from the WB, UN, China, OESC, etc? These entities are on a serious mission, working together in the name of Sustainable Development, Agenda 21/2030 to attain world domination, New World Order. Once a country takes their loans, grants, etc., that country is now under their control as the loans must be paid back and the grants are not really free. There are no free lunches. Well that means most of the world has taken their funding thus the world on lockdown. The few countries left that refuse them are being bombed and destroyed by these entities. Dominica you are wealthy in all natural resources and do not need these entities to get back on track. Wake up and starve these entities before it’s too late.

  4. Sekmet Ra
    June 29, 2020

    When is Dominica and our indigenous people going to wake up and stop taking funds from these beasts? Don’t you know that is why the world is in this mess…taking loans, grants from the World Bank, UN, China, etc. These are all evil entities with the only intent on world domination, New World Order. The OECS is no different as they are all in the same game together. Dominica you are funding your own demise with this sustainable development deception. If we don’t stop these beasts now, Dominica will be robbed of all of its resources and many will die, not just in DA but around the world. There are no free lunches and these alleged loans must be paid back. This is how they control all of these countries by force. The lock down was a part of their plan-demic hoax. The wearing of a mask is a part of an occult ritual and it doesn’t offer any protection, only the opposite. Wake up and starve the beasts now!

  5. Nkrumah Kwame
    June 29, 2020

    Thanks World Bank! We needed this “shot in the arm”.
    HOTEP!

  6. Annon
    June 29, 2020

    WB will also support the vaccination program. Watch out DA.

    • Sekmet Ra
      June 29, 2020

      Annon you are 1000% correct. Not only will they support it, they are the ones behind it all. Who are the dumb-down fools that don’t know this…selecting the thumbs down button? Wake up Dominicans!

    • Sekmet RA
      June 29, 2020

      Annon you are 1000% correct. They not only support vaccination program, but they are the ones behind it all.

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