Dominica

Dominica sits midway along the Eastern Caribbean archipelago, just a few miles from Martinique to the south and Guadeloupe to the north. Its location is 15 degrees North latitude and 61 degrees West longitude.

The island’s official name is the Commonwealth of Dominica, which is mostly referenced in official communiqué and to distinguish the island from its northerly Caribbean sister, the Dominican Republic. The indigenous Carib Indians named the island Waitukubuli which means “tall is her body” in the Carib language.

The island is sparsely populated with around 70,000 people inhabiting its 289.5 square miles. A significant portion of the population lives in and around the capital city, Roseau. Dominica is an arcadia of unspoiled nature. Tropical forest coats two thirds of the island, which nourishes 1,200 plant species. Rivers, lakes, streams, and waterfalls abound, fed by the islands high annual rainfall. Its volcanic physique points to extensive geothermal activity above and below sea level.

Quick Facts

 

Capital City: Roseau
Area: 751 sq km/ 290 sq mi
Population: 73,757 (July 2016 est.)
Time Zone: UTC -04:00
GDP (PPP):

$812 million (2016 est.)

note: datum in 2016 US dollars
Currency: East Caribbean Dollar (XCD)
% of Shares:(as of December 31, 2016) 0.77
Source: Central Intelligence Agency. (2017). The World Factbook: Dominica. Updated June 15, 2017

CDB Involvement

The Commonwealth of Dominica joined the CDB in 1970 and by the end of 2014 had received approximately USD236, 871 million in financing, which included USD33, 018 million in grants of which 50.6% (USD 16, 699 million) were funded by the Special Development Fund Unified (SDFU).

CDB funding in Dominica was used for financing infrastructure development, such as the sea wall defense, and several road and water projects. In addition to grants through the basic needs trust fund; and along with support for the Dominica Agricultural and Industrial Development Bank – student loans, low income mortgages and support for small and medium-sized productive enterprises.

 

Reports

 

 

Key Contact