Americas > Caribbean > Aruba > CARICOM and USAID reach agreement on development assistance for Caribbean

Aruba: CARICOM and USAID reach agreement on development assistance for Caribbean

2015/11/27

The United States Agency for International Improvment(USAID) and the Caribbean Community (CARICOM) today signed agreements that will see nations of the eastern and southern Caribbean benefiting from US$165 million in development assistance.

An estimated US$89 million will target the reduction of youth involvement in crime and violence in target communities, while US$52 million is designated to achieving epidemic control of HIV/AIDS part key populations, and $31 million will go towards reducing the risks to human and natural assets resulting from climate vulnerability.

CARICOM Secretary General Ambassador Irwin LaRocque and USAID Eastern and Southern Caribbean Mission Director, Christopher Cushing, initialled the five-year Development Objective Agreements (DOAGs) at the CARICOM Secretariat in Guyana.

US Ambassaador to Guyana Perry Holloway, who was part several dignitaries witnessing the signing, said the initiatives funded under the agreements would improve the lives and livelihoods of vulnerable groups, inclunding youth and socially marginalized populations.

“Our success over the years has been possible largely due to the support of our partners, without whom implementation would not be possible. CARICOM, by virtue of its commitment to improving the economic, social, cultural and technological advancement of Caribbean people remains a beacon in this regard,” he said.

Ambassador La Rocque said the agreements will render assistance in areas that have been identified as critical to the well-being of CARICOM citizens.

“Combatting the challenges posed by climate change, HIV/AIDS, and crime and violence, with reference to youth participation, is right at the forefront of the issues facing our Community today,” he said as he identified the areas.The signing spearheads USAID’s 2015-2019 Regional Development Cooperation Strategy that covers Youth, HIV/AIDS and Climate Change programming in Antigua and Barbuda, Dominica, Grenada, St. Lucia, St. Vincent and the Grenadines, St. Kitts and Nevis, Barbados, Trinidad and Tobago, Suriname, and Guyana.

Related Articles
  • Director of Tourism Turks and Caicos after Irma: Tourism, visitors, hotels current status

    2017/09/10 Resilient, powerful, strong and faithful. This is how Ramon Andrew described the people of Turks and Caicos. Ramon Andrews, the outspoken director of Tourism for the Caribbeans island country Turks and Caicos sounded somehow relieved at the same time as he updated the media today on the current situation on his island, specifically commenting on the safety of visitors and visitor industry professionals.
  • UNWTO: International tourism – strongest half-year results since 2010

    2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • Higher earning Why a university degree is worth more in some countries than others

    2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
  • Global growth will be disappointing in 2016: IMF's Lagarde

    2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
  • Revised IMF forecasts signal gloom on global economic outlook

    2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.