CDB study reveals procurement delays, oversight gaps, and weak capacity undermining Caribbean development projects - Caribbean News Global
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CDB study reveals procurement delays, oversight gaps, and weak capacity undermining Caribbean development projects - Caribbean News Global
BRIDGETOWN, Barbados – Although there are areas of good practice and emerging strengths, a new baseline assessment commissioned by the Caribbean Development Bank (CDB) has revealed that persistent procurement delays, institutional capacity constraints, procedural inefficiencies, and oversight issues remain key factors hampering the implementation of development projects in the region. While the study, which reviewed 35 CDB projects across ten Ca…
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