Frequently Asked Questions

What does the CARICOM Development Fund (CDF) do?

The CDF seeks to reduce the disparities arising from the participation of Member States in the CARICOM Single Market & Economy (CSME). It provides financial and technical assistance to disadvantage Countries, Regions and Sectors.

Where can I find the Templates for the Concept Notes?

The Templates for the Concept Notes for Public Sector Programmes/Projects and Private Sector Programmes/ Projects can be found at Appendix B-2 and Appendix B-3 of the Guidelines and Procedures for Country Assistance Programmes.

Does the CDF provide loans and grants directly to a private firm or an individual?

No. The CDF provides technical and financial assistance to its Member States through Country Assistance Programmes (CAPs). In some Member State, the Government has opted to provide its lending to the private sector through its Development Banks. In the first contribution cycle the Government of Antigua and Barbuda, Guyana and St Vincent and the Grenadines reserved their assistance for the public Sector.

What is meant by a ‘Cohesion Policy’?

It is a Policy that aims to promote balanced economic growth and social development within and across all Member States in the CARICOM Single Market and Economy (CSME).  The focus of the Policy is to  reduce the gaps in the development of regions and sectors within and across Member States in order to strengthen the integration process and thus ensure that no one country lags behind

How many countries are members of the CDF?

Currently there are twelve (12) Member States; Antigua & Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname and Trinidad & Tobago.

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