CBES 2009 Preview - Badrul Haque

Caribbean Business Executive Seminar 2009

Strategies to Cope with Global Uncertainty Choices for Caribbean Business and Finance

Dr Badrul Haque summarised World Bank facilities for which Caribbean countries might be eligible. The Bank has fast tracked US$2 billion of funding via its subsidiary International Development Association, directed towards the poorest countries, including Haiti, Guyana and four OECS countries. World Bank lending has trebled to US$100 billion, including funding for well thought out development policy. In addition, another Bank subsidiary, the International Finance Corporation, has introduced new facilities for trade financing, for sustaining investment in infrastructure, to assist in the recapitalisation of banks, to help fund loan restructuring, and to refinance microenterprises.

Category:

Education

Tags:

• CCMF
• Caribbean
• Economic
• Badrul
• Haque