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Belize represented at 54th Annual Meeting of the Board of Governors of the Caribbean Development Bank in Canada

Posted: Tuesday, June 25, 2024. 9:28 am CST.

By Zoila Palma Gonzalez: Belize is being represented by Chief Executive Officer in the Ministry of Rural Transformation, Community Development, Labour and Local Government, Valentino Shal, at the 54th Annual Meeting of the Board of Governors of the Caribbean Development Bank (CDB) in Ottawa, Canada.

The Annual Meeting was held from June 17 – 20, 2024.

The annual meeting brings together the Directors and Governors from all borrowing and non-borrowing member countries to discuss the financial position and performance of the Bank as well as to approve new strategic initiatives to be undertaken in the Caribbean region.

The Ministry noted that Belize has been and continues to be a beneficiary of financing from CDB’s various funding lines especially in the area of social infrastructure.

Belize is a shareholder of the CDB and continues to support the work of the Bank in addressing the strategic needs of its member countries.

CEO Shal also held bilateral meetings with the European Investment Bank to explore potential financing for investments in Belize as well as with the Fitch Ratings Agency to explore potential rating of Belize’s economic and fiscal performance by the Agency.

This year’s Annual Meeting was hosted and Chaired by the Government of Canada.

 

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