Nation prepares for CARICOM Development Fund

ST JOHN’S, Antigua – Despite Antigua & Barbuda still owing 63 per cent of its contribution to the CARICOM Development Fund (CDF), the funding agency is still in the process of developing a programme for the nation.

“Antigua & Barbuda is not yet in receipt of any country assistance programme from the CDF and that is something that we are hoping to address in this meeting, because Antigua & Barbuda has not paid up its full contribution as yet,” Ambassador Lorne McDonnough said in an interview with OBSERVER media at yesterday’s sensitisation meeting.

The nation is a member of CDF, but most of the US $2.23 million agreed upon commitment has stalled Antigua & Barbuda’s access to funding opportunities, including loans and grants.

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