CDB loans Anguilla funds for renewables

The Government of Anguilla is implementing a strategy to improve economic stability in the country over the next four years. A new partnership with the Caribbean Development Bank (CDB) will provide US$35.3 million to achieve four key outcomes: improved banking system stability, a better environment for business and investment, upgrades to transport infrastructure and increased renewable energy capacity. CDB director of economics Dr. Justin Ram said that the strategy will address development constraints and make the private sector more competitive. Obstacles to growth include business development, lack of access to the island by air and sea and climate change. 

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