CDF Annual Report 2018

September 2, 2019

Global economic expansion slowed in the second half of 2018 following two years of strong performance, tariff increases between the United and a rise in policy uncertainty in many of the leading economies. Global growth reached 3.8 per cent in second half of the year. In the advanced economies, well as policy uncertainty in many…

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CDF Annual Report 2017

January 10, 2019

The global economy strengthened in 2017, reaching a growth rate of 3.8 per cent, largely on account of an expansion in global trade. This recovery was led by increased investment in advanced economies, strong growth in emerging Europe and emerging Asia, as well as renewed growth in many commodity exporting countries. In many emerging markets and developing countries growth was largely…

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October 30, 2017

The CARICOM Development Fund (CDF) is committed to achieving its vision to lead in providing effective, efficient and sustainable solutions that address the challenges faced by disadvantaged countries, regions and sectors participating in the CSME. In so doing its mission is to assist Member States in maximising the benefits arising from participation in the CSME,…

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CDF Annual Report 2016

October 26, 2017

The year 2016 was generally marked by subdued global growth and towards the end by uncertainty in the global economy, brought on in particular by the outcome of the US elections and the United Kingdom’s decision to exit the European Union. While it was largely felt that the risks of global recession had receded as…

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CDF Annual Report 2015

January 29, 2016

The year 2015 was in many ways a year of transition and consolidation for the CDF.  The Fund, which formalised its  first Country Assistance Programme (CAP) in September 2010, offcially closed its first cycle just under five years later in June 2015. The Board of Directors and Management during the course of the year took…

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CDF Annual Report 2014

January 29, 2015

The year 2014 represented another fruitful and busy period for the CARICOM Development Fund (CDF). Projects were accelerated in existing and new areas, programmes were extended to include all benefciary countries, further strides were made in streamlining internal governance, and a solid base was established for the second cycle of operations. There was heightened interaction…

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CDF Annual Report 2013

January 29, 2014

CARICOM Member States registered relatively sluggish real GDP growth of approximately 1.5 per cent on average in 2013, with several countries implementing deep fiscal and structural adjustments to stabilise their economies and build economic resilience. In this context, the CARICOM Development Fund (CDF) continued to focus its financial and technical resources on programmes aimed at…

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CDF Annual Report 2012

January 29, 2013

The Board of Directors approached 2012 with a degree of trepidation, conscious that the volatile events of November and December of 2011, which put the global financial markets on edge, could be a harbinger of things to come in the New Year. The underpinnings of the   Eurozone crisis were still not satisfactorily addressed, growth…

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CDF Annual Report 2011

January 29, 2012

In furtherance of its mandate under the Revised Treaty of Chaguaramas (the Treaty), The CARICOM Development Fund (CDF) expanded its Country Assistance Programme (CAP) and made significant disbursements in 2011. The Board, although bound by the Agreement Relating to the Operation of the CDF, (the Agreement) instructed management to work with all CDF beneficiary Member…

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CDF Annual Report 2010

January 29, 2011

The year was an extremely challenging one for the regional community, starting as it did with the calamitous and tragic earthquake in Haiti and the lingering effects of the global financial crisis, which continued to affect the growth prospects of the economies of CARICOM Development Fund (CDF) Member States.

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