Saturday, May 18, 2024

World Bank

Belize is Fully Eligible for the South Korean Economic Development Cooperation Fund

Hon. Christopher Coye, Minister of State in the Ministry of Finance, Economic Development, and Investment; Dr. Osmond Martinez, CEO in the Ministry of Economic Development; and Central Bank Governor Mr. Kareem Michael held bilateral meetings on day two at the International Monetary Fund/World Bank Annual Meetings in Marrakech, Morocco, to discuss Belize's movement towards sustainable development.

PAHO/WHO Belize facilitates a Training of Trainers Workshop on Prevention and Response to Gender-Based Violence during Health Emergencies

35 professionals in Belize are better equipped to prevent and respond to violence against women and girls during health emergencies. With funding support from the Canada Caribbean Resilience Facility (CRF) of the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR), the Pan American Health Organization/World Health Organization (PAHO/WHO) and the United Nations Populations Fund (UNFPA) partnered with the Ministry of Health and Wellness (MoHW), the Ministry of Human Development, Families and Indigenous Peoples’ Affairs and the Ministry of Sustainable Development Climate Change and Risk Disaster Management to conduct the training which was completed this week.

Ministry of Agriculture Hosts World Bank Executive Directors

The Ministry of Agriculture, Food Security and Enterprise hosted a high-level delegation from the World Bank on February 20, 2023. The delegation, which included executive directors representing various countries on the board of directors, visited 7 Miles El Progresso and San Antonio villages in the Cayo District to observe first-hand how farmers have benefited from World Bank-funded projects implemented in Belize over the last five years.

Heads of State of Latin America and the Caribbean and international organizations call for a commitment to learning recovery across the region

The significant loss of learning during COVID-19 school closures in Latin America and the Caribbean is now putting millions of children at risk of dropping out of school, the World Bank, the Inter-American Dialogue, UNESCO and UNICEF warned during an event streamed live worldwide on June 2, 2022. 

High-Level Delegation Meets with Multilateral Development Banks, U.S. Government Agencies and Canadian Government Officials

Hon. Christopher Coye, Minister of State, Ministry of Finance, Economic Development and Investment, led a high-level delegation of Belizean officials to Washington, D.C., from April 19 to 22, 2022, for a series of meetings with senior representatives from the International Monetary Fund (IMF), the World Bank, the Inter-American Development Bank (IDB), the Millennium Challenge Corporation (MCC) and the U.S. Development Finance Corporation (DFC). The delegation also met with senior representatives from the U.S. Treasury and the Office of Comptroller of Currency and held a bilateral meeting with Hon. Harjit S. Sajjan, Canada’s Minister of International Development.

Belize Secures US$25 million from the World Bank for Climate-Resilient Agriculture

The World Bank's Board of Executive Directors has approved financing of US$25 million for the Belize Climate Resilient and Sustainable Agriculture Project, which will aim to increase food production capacity and the adoption of climate-smart agricultural approaches among project beneficiaries. The project will provide over 7,000 farmers with weather data and technical information to help improve yields for crops and livestock and facilitate better planning.

The World Bank Helps to Strengthen Belize’s COVID-19 Response

The World Bank has approved financing of US$6.2 million for the Belize COVID-19 Response Project, which will support the country in the acquisition and deployment of COVID-19 vaccines.

Inclusion of Persons with Disabilities is Crucial for the Sustainable Development of Latin America and the Caribbean

Approximately 85 million people in Latin America and the Caribbean have some type of disability, accounting for 14.7 percent of the total population, according to a new World Bank report. The report discusses the physical and legal barriers of persons with disabilities and the need to further efforts for the inclusion of this group to build a more prosperous, resilient future. According to global data, the exclusion of persons with disabilities may represent a loss of a country’s GDP ranging from 3 to 7 percent.