This evaluation examines the Caribbean Development Bank’s (CDB) Country Engagement Strategy (CES) for Saint Lucia for the period 2020–23, including activities designed and implemented until December 2024. The evaluation uses a mixed-methods approach, combining document reviews, portfolio analysis, and stakeholder interviews, to inform the next CES. The evaluation process supported participation, reflection, and co-creation. During the inception phase, feedback was collected from CDB staff and Government of Saint Lucia (GOSL) counterparts to refine the focus and ensure evaluation questions would generate insights aligned with both CDB’s strategic needs and GOSL priorities. A Theory of Change workshop was conducted with CDB and GOSL stakeholders to reconstruct the underlying logic of the CES and identify key assumptions and change pathways. This collaboration provided a shared foundation for assessing progress and strategic alignment. Validation of emerging findings was carried out via an online workshop. A hybrid co-creation workshop was held with Saint Lucia-based stakeholders and CDB staff to collaboratively develop recommendations and ensure proposed actions are useful, specific, and actionable, with the aim of increasing the success of the next CES.
Eighth Consolidated Line of Credit - Dominica (2017)
Food Security
Project Completion Validation Report
Complete
Dominica
Summary
In December 2009, the Caribbean Development Bank (CDB) approved a loan in the amount of USD8 million (mn) to the Dominica Agricultural Industrial Development Bank (DAIDB) [comprising USD7.5 mn from the Bank’s Ordinary Capital Resources (OCR), and USD0.5 mn from its Special Funds Resources (SFR)], to assist in the continuation of the lending programme of DAIDB in the productive and housing sectors, and for student loans (the Project). The primary objectives of DAIDB, which was established in 1971, are to promote, influence and mobilise funds for economic development in the Commonwealth of Dominica. CDB has been the primary source of long term funding for DAIDB. The Financial Services Unit (FSU) of the Ministry of Finance, which became effective on January 1, 2009, is responsible for supervising DAID’s operations but due to capacity constraints, had not yet begun as of the end of 2009. DAIDB had been dogged by financial performance challenges, but by the end of Financial Year (FY) 2009 DAIDB’s new strategic focus and ongoing restructuring efforts were yielding improvements in key indicators: non-performing loans (NPLs), growth in assets, profitability, liquidity gap, approvals, debt to equity ratio, provisioning for loan loss, and return on assets.
