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IDB Procurement & Projects Workshop April 15-16, 2004. Mr. Desmond Thomas Regional Operations Department 3 Operational Division 6. Objectives. Outline of the Bank’s portfolio and pipeline in its Caribbean member countries Background to Bank activity with reference to
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IDB Procurement & Projects WorkshopApril 15-16, 2004 Mr. Desmond Thomas Regional Operations Department 3 Operational Division 6
Objectives • Outline of the Bank’s portfolio and pipeline in its Caribbean member countries • Background to Bank activity with reference to • Basic characteristics of the countries • Their development goals and challenges
Which Caribbean Countries? • The Bahamas • Barbados • Guyana • Jamaica • Suriname • Trinidad & Tobago
Small Countries Main Characteristics
Middle-income countries Characteristics (Cont.)
Main Development Objectives • Raising living standards • Sustaining growth with macroeconomic stability • Maintaining social stability • Overcoming natural vulnerabilities associated with small size
Main Economic Activities • Tourism (BH, BA, JA) • Mining: Bauxite/alumina (GY, JA, SU), petroleum products (T&T) • Financial services (BH, BA) • Agriculture
Main Development Challenges • Competitiveness • Product development and research • Natural environment • Physical infra-structure and utilities • Human resource development • Poverty alleviation
Challenges (Cont.) • Coping with natural disasters • Governance reforms • Strong fiscal and public debt challenges • Private sector involvement in traditionally public sector areas • Strengthened capacity in the many trade negotiating arenas • Regulatory climate for economic activity
Instruments • The Bank is responding with both financial and non-financial instruments • Investment lending • Policy-based lending • (PROPEF) in support of project lending • TCs & MIF • Studies
Contacts • Try project team leaders first • Go to www.iadb.org • Click on Procurement • Follow links to project description, etc.
Contacts (Cont.) • If in difficulties, contact OD6 Country coordinators: • Bahamas, T & T: Mr. Clark Sand clarks@iadb.org • Barbados, Suriname: Mr. Paulo Romero paulor@iadb.org • Guyana: Mr. Gabriel Castillo gabrielc@iadb.org • Jamaica: Mr. Iwan Sewberath iwans@iadb.org