Belize receives support from the IDB, CDB, and CABEI
In the wake of Hurricane Lisa’s devastation, the Government of Belize is receiving hundreds of thousands of dollars in monetary donations to assist in the country’s recovery. Numerous governments and organizations have pledged support to the country. Today, the Inter-American Development Bank (IDB) approved a US$200,000 donation to Belize to help families affected by Hurricane Lisa. According to the Chief Executive Officer of the Ministry of Economic Development. Dr. Osmond Martinez, the Caribbean Development Bank (CDB), and the Central American Bank for Economic Integration (CABEI) have also offered to support Belize in its rebuilding efforts.
Dr.Osmond Martinez, CEO, Ministry of Economic Development: “Private sector in general being involved in helping out that means a lot to the government of Belize. And then there are the bilaterals you know that is being managed by the Ministry of Foreign Affairs or who goes through the Ministry of Foreign Affairs who are working tirelessly to help Belize as well. And then we have the multilaterals such as CABEI, CDB, The World Bank, IDB and even CDF and the multilaterals for example CABEI today they approved $2 million Belize dollars to give as donation to Belize which will be signed next week Wednesday the grant and a delegation is coming to Belize to actually sign that agreement. Today I was also advised that IDB approved $200,000 US/ $400,000 Belize and then there is a pledge from CDB the Caribbean Development Bank of $1.5 million Belize dollars as well and so everyone is supporting Belize. The multilaterals they believe in Belize now, they respect Belize, they respect what we’re doing and they know that the Briceno administration is a responsible government.”