Thursday, April 18, 2024

Caricom fund links with Qatar govt

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A FIRST STEP has been taken towards collaboration between the Government of Qatar and the Barbados-based CARICOM Development Fund (CDF).
Preliminary discussions concerning such  a relationship, including support for CDF activities, were held recently between CDF’s chief executive officer Ambassador Lorne McDonnough and  Ahmed Bin Abdullah Bin Zaid Al-Mahmoud,  Qatar’s deputy prime minister and minister  of state for the council of ministers.
During the meeting, Ambassador McDonnough delivered a letter of introduction from the chairman of the Conference Of Heads Of Governments Of The Caribbean Community, Prime Minister  Dr Kenny Anthony  of St Lucia.
The CDF addresses disparities among CARICOM member states that result from the implementation of the CARICOM Single Market and Economy (CSME) and focuses on disbursing concessionary loans and grants, preferably for small to medium-sized projects with a short implementation period. (PR)

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