National News

World Bank Financing to Support Dominica During COVID-19 Pandemic

World Bank Financing to Support Dominica During COVID-19 Pandemic
Craft Workers in Dominica World Bank/Emily Bartels-Bland

WASHINGTON, DC – Dominica will strengthen its response to the economic hardship caused by the COVID-19 pandemic using US$5.2 million from the World Bank. The funds will be used to provide income support to people affected by the crisis who meet set criteria.

“The COVID-19 pandemic is causing economic and social challenges for Dominica, particularly due to necessary mitigation measures and the decline in the tourism industry. The World Bank will support the government’s social assistance measures to provide relief for Dominicans and contribute to economic recovery,” said Tahseen Sayed, World Bank Country Director for the Caribbean.  

The funds will be distributed under the Government of Dominica’s Livelihood Support and Social Protection Programme. Grants will be provided to over 7,000 Dominicans, targeting people who have lost income because of the pandemic as well as the poor and elderly.

The program will provide grants to affected self-employed business owners and other people who have lost jobs or have had their pay reduced.

The funding will also support citizens over 70 years of age who do not already have a pension.

The livelihood and income support grants will be provided monthly to eligible beneficiaries for a maximum of three months. The eligibility criteria and application process are published by the Government of Dominica.

These funds were accessed under the Contingency Emergency Response Component (CERC) of the Housing Recovery Project. CERCs allow funds to be reallocated from existing projects to address emergency response needs.



South Florida Caribbean News

The Team provides news and information for the Caribbean-American community in South Florida and beyond.

Related Articles

Back to top button