WORLD BANK: World Bank finances emergency recovery and disaster management program for the Caribbean.

0 Comments | M2 Presswire, December, 1998

3 M2 PRESSWIRE-11 December 1998-WORLD BANK: World Bank finances emergency recovery and disaster management program for the Caribbean (C)1994-98 M2 COMMUNICATIONS LTD3 RDATE:101298 The World Bank today announced the approval of two credits and three loans totaling US$19.08 million equivalent for the Commonwealth of Dominica, St.

Kitts & Nevis, and St. Lucia in support of the first phase of the Organization of Eastern Caribbean States' (OECS) Emergency Recovery and Disaster Management Program. The program will consist of individual lending operations in five countries ultimately, phased over approximately six years. The program will support physical investments, capacity building, institutional strengthening, and community preparedness. The OECS...