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cdf

CARICOM Development Fund (CDF)

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cdf
csme
finance
financial and technical assistance
CARICOM Development Fund (CDF) The CARICOM Development Fund (CDF) is an institution of the Caribbean Community which mandate is to provide financial or technical assistance to disadvantaged countries, regions and sectors in the Community. In this capacity, the CDF is central to addressing the disparities among the Member States of CARICOM, which may result from the implementation of the CSME. Other quick facts
  • Established:  2008
  • [1]Location: St.

Head of the Caribbean Development Fund to move on

THE CARICOM Development Fund (CDF) announced today that after more than six years with the organisation, CEO Ambassador Lorne McDonnough indicated to the Board that for personal reasons he did not wish to renew his contract past the end of the CDF’s First Funding Cycle on June 30, 2015.

McDonnough, who has headed the Barbados based CDF since November 2008, referred to his tenure as a distinct “honour and privilege”, while addressing the recent Twenty-sixth Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM).

Final Declaration issued by the Meeting of The Ministers of Foreign Affairs of the Republic of Cuba and of the Member States of the Caribbean Community (CARICOM), 17 September 2010,  Havana, Cuba

THE Barbados-based CARICOM Development Fund (CDF) has approved an additional EC$2,025,000/US$750,000 loan for the new Argyle International Airport (AIA) in St. Vincent and the Grenadines.

The funding will be used to purchase equipment to establish a 218 kVa solar energy farm that will reduce electricity costs at the multi-million dollar facility.

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