This document presents a synthesis of the main findings and lessons learned from evaluations completed in 2025 and published in early 2026, as well as from Project Completion Validation Reviews (PCVRs) conducted between 2023 and 2025. Together, these sources provide a consolidated view of the evidence emerging from the Caribbean Development Bank's recent evaluation portfolio.The evaluations and PCVRs offer important insights into what is working well, where challenges persist, and what lessons can be drawn to strengthen future programming. They provide evidence for the Bank, its Borrowing Member Countries (BMCs), and the Board of Directors to inform decision-making, enhance development effectiveness, and strengthen the design and implementation of future interventions.
Policy Based Loan - Anguilla (2014)
Private Sector Development
Project Completion Validation Report
Complete
Anguilla
Summary
The adverse effects of the global financial crisis in 2008 resulted in a sharp contraction of Anguilla’s Gross Domestic Product (GDP) and a significant deterioration in public finances. In view of the threat that was posed to Anguilla’s ability to meet its debt obligations, support its fiscal adjustment programme, shore up deteriorating public finances and stave off of a rapid build-up in short-term debt, the United Kingdom Government (UKG) approved Anguilla’s decision to approach the Caribbean Development Bank (CDB) to request a Policy-Based Loan (PBL) to support its fiscal adjustment programme and to restructure its debt portfolio.