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CDB 1 FINAL!!!!!

Caribbean Bank gives the green light on an emergency loan for Belize

Belize has been approved for a loan of fifteen million US dollars from the Caribbean Development Bank (CDB).  The loan has been dubbed as an emergency loan and Belize is one of seven Caribbean countries to benefit.

Belize has been approved for a loan of fifteen million US dollars from the Caribbean Development Bank (CDB).  The loan has been dubbed as an emergency loan and Belize is one of seven Caribbean countries to benefit.  President of the CBD, Warren Smith remarked that the provision of support to the seven countries to respond to COVID-19 and keep critical government services and operations running is urgent to halt the economic decline and minimize social hardship while giving focused attention to the most vulnerable people.  The other six countries are Antigua and Barbuda, Dominica, Grenada, Saint Lucia, St Vincent and Grenadines, and Suriname.  In total, the CDB is issuing sixty-six point seven million US dollars under this emergency loan scheme.