CDB to give US$45million Grant to Haiti

The Caribbean Development Bank (CDB) will provide Haiti with US$45 million in grant assistance between 2022 and 2026.

That was the message delivered today by CDB Vice-President of Operations Isaac Solomon to the UN Economic and Social Council’s Ad Hoc Advisory Group on Haiti.

A new country plan for Haiti has been developed since the assassination of Haitian president Jovenel Mose in July 2021.

The CDB vice-president emphasized that the Bank would continue to work with its Haiti Country Office to protect and strengthen hard-won development gains. Apart from its headquarters in Barbados, the office, which opened in 2018, is the only CDB operating presence.

In addition, the Bank will work with humanitarian groups, non-governmental and civil society organizations, and local players to improve collaboration.

It will also increase private sector support to create resilience in ways that traditional humanitarian and development responses do not address, particularly at the micro and informal levels.