The infrastructure category encompasses the Power & Energy, Water and Transportation & Communication sub-categories.
Social interventions are mainly in the areas of education, health and housing.
Multisector interventions include natural hazard management, lines of credit, improving social and living conditions through the Basic Needs Trust Fund (BNTF), and activities of the Caribbean Technological Consultancy Services (CTCS) Unit (which provides technical assistance to the private sector, institutional strengthening of government departments, feasibility studies, and the assessment and implementation of transactions-based taxes).
The main productive sectors supported by CDB are Agriculture, Forestry & Fishing, Manufacturing and Tourism.
The PBL in the amount of US$55 million was approved by CDB’s Board of Directors at their July 22, 2010 meeting.
Anguilla, Antigua and Barbuda, The Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, and Turks and Caicos.
CIDA provides over 50 percent of CARTAC’s total funding, with CDB, EU, Ireland, IMF, UNDP, the World Bank, and CARTAC member countries contributing the remainder.
The support is in the amount of €500,000 for a period of two years commencing January 1, 2009, although access to funding was delayed until August 2009 due to negotiations between the EU and UN.
This updated earlier technical assistance in 2008.
The original targets were replaced in 2006 by a ceiling on the public sector debt/GDP ratio of 60 percent by 2020.
The system was developed jointly by the Statistics and Technology and General Services Departments to process collected price data and compile the CPI on a monthly basis according to the methods recommended in the CPI Manual.