New 5-year, $100 million strategy to fight poverty

BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) is supporting the government of Haiti in reducing poverty, building resilience and achieving sustained economic growth for all.

A new country strategy, approved by CDB’s board of directors recently, proposes a program of assistance of $100 million for the period 2017 to 2021 to help Haiti meet its development priorities.

The total includes $45 million in grant resources.

“The government of Haiti has set an ambitious development agenda to unlock the country’s growth potential and build a dynamic, resilient and competitive economy,” said Dr. Justin Ram, director of economics at CDB.

“This country strategy, jointly developed with the government, is designed to deliver strong development impact, particularly in agriculture, education and training, and sustainable energy.”

The five-year strategy focuses on three main themes – agriculture and community development; sustainable energy development; and education and training.

Gender equality, regional cooperation and integration, and environmental sustainability considerations will also be mainstreamed across all CDB interventions delivered under the program of assistance.