CDB, CAF contribute US$1 million to Venezuela recovery
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4 Articles
CDB, CAF contribute US$1 million to Venezuela recovery
BRIDGETOWN, Barbados, CMC – The Barbados-based Caribbean Development Bank (CDB) says it has joined the Development Bank of Latin America and the Caribbean (CAF) in providing a US$1 million contribution to the recovery and reconstruction of Venezuela, following two back-to-back earthquakes that killed several people last month.
Colombian government coordinates with the World Bank, IDB and CAF a grant package that exceeds $1 million in the case
This initial contribution, which does not include commissions, seeks to finance the rehabilitation of essential services and long-term reconstruction, in a context where the World Bank estimates physical damage of $19.6 billion and a humanitarian crisis that requires urgent assistance. The post Caribbean Development Bank contributes $1 million to the fund to rebuild Venezuela after the earthquakes occurred first on El Nacional.
News of the Day and the Hour Latest News of the day The Caribbean Development Bank (CBD) announced on Monday, August 10, that it approved a contribution of $1 million for the Venezuela Recovery and Reconstruction Fund, created after the devastating earthquakes of last June. This Fund was established by the Development Bank of Latin America and the Caribbean (CAF) in order to centralize contributions from governments, international agencies, com…
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