Dr. William Warren Smith, President of the Caribbean Development Bank (CDB), led a CDB delegation to Saint Lucia for a meeting on Wednesday, July 13, 2016.
During the meeting, held at the conference centre of the Ministry of Finance in Castries, Dr. Smith and the CDB delegation met with Prime Minister Hon. Allen M. Chastanet, cabinet ministers and senior government officials.
The objective of the visit was to reaffirm CDB’s commitment to Saint Lucia and to offer assistance in support of national development goals.
The meeting presented an opportunity for CDB to update the Prime Minister on the Bank’s assistance programme. The meeting also reviewed the Government’s main objectives and priorities, and how CDB can best support such priorities through its financing for social and economic development.
Saint Lucia is one of the original members of CDB, having joined in 1970. The Bank has a long track record of engagement with the country and is currently the country’s largest external creditor. CDB funding in Saint Lucia has been used for social and economic infrastructure. Projects funded include schools and health centres, more disaster-resistant structures, community skills training, and support for small and medium-sized enterprises.
