The Caribbean Development Bank (CDB) is to hold an important meeting of one of its key programmes in Dominica next week.
According to the CDB, the first formal negotiation meeting of contributors to the bank’s Special Development Fund (SDF) will be held in Roseau from March 6-9.
The Bridgetown based CDB describes the Fund as its largest source of concessionary finance for providing soft loans and grants to its borrowing member countries.
The SDF is in its seventh cycle and Caribbean Development Bank officials say its replenishment takes place every four years, with the current cycle due to end on December 31 (2012).
CDB officials say the Dominica meeting will include site visits to projects funded by the Special Development Fund.
Those visits are expected to give contributors to the Fund an opportunity to see how SDF resources were utilised.
The projects are said to include the water supply in North End Marigot, the Portsmouth Pre-school, the Pointe Michel Sea Wall Rehabilitation, and the Carib Territory Community Development Project.
While in Dominica the CDB Board of Directors will also hold their 250th meeting on March 7, at the Fort Young Hotel.
Excellent! Hopefully the board can get a feel the pulse of the country.
Well I wonder what the management team for the Carib Territory Development projest will have to report on. After 3 years not a single thing to show. Blame me then. Real sad…