IDB contributes 200k to Barbuda rebuilding

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OECS Agreement - Monica La Bennett (CDB) Juan Carlos De la Hoz Vinas (IDB) signing - February 2, 2018

The Inter-American Development Bank (IDB) and the Caribbean Development Bank (CDB) have signed an agreement to provide grants of US$200,000 each to two member countries of the Organization of Eastern Caribbean States (OECS) that were severely affected by Hurricanes Irma and Maria.

Antigua & Barbuda and the Commonwealth of Dominica were among the countries that sustained the highest relative losses and damage from Category 5 Hurricanes Irma and Maria, respectively, during the 2017 Atlantic Hurricane Season – recognized as one of the most active on record.

An estimated 89% of the buildings in Barbuda were damaged or destroyed, while essential services and all utilities were rendered inoperative by Hurricane Irma on September 6, 2017, prompting an evacuation of all residents to the sister island of Antigua.

In Dominica, where Hurricane Maria made landfall on September 18, 2017, there was significant loss of life amidst extensive flooding, a breakdown in utility services, and widespread structural damage.

 

The US$400,000 being released by the IDB will be used to support recovery and reconstruction efforts in Antigua & Barbuda and Dominica, as well as for the displaced population. The CDB will facilitate the disbursement of the grant funding to the two OECS countries.

 

 

 

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