News Release

CDB and Government of Dominica Agree on New Action Plan for Resilient and Sustainable Growth

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CDB Vice-President (Operations), Dr. Isaac Solomon, joins Dominica’s Minister of Finance, Dr. the Honourable Irving McIntyre, for a photo during the recent Country Portfolio Review and Country Engagement Strategy meetings..

ROSEAU, Dominica: The Caribbean Development Bank (CDB / the Bank) and the Government of the Commonwealth of Dominica recently conducted a Country Portfolio Performance Review (CPPR) and Country Engagement Strategy (CES) mission that culminated in an agreement to develop a joint Action Plan to guide future collaboration.  

The CPPR and CES meetings convened senior government officials, CDB representatives, and key national stakeholders to review project progress, address implementation challenges, and identify new opportunities to advance Dominica’s sustainable development agenda. Discussions focused on key sectors including infrastructure, water, agriculture, climate resilience, energy, and education. Featured initiatives included the Dominica Geothermal Project, the Basic Needs Trust Fund (BNTF) and the United Kingdom Caribbean Infrastructure Fund (UKCIF).

Insights from these discussions directly informed the focus of the joint Action Plan, a multi-year framework designed to support Dominica’s ambition of building a resilient, inclusive, and sustainable economy. During the meetings, the Government also presented its medium-term priorities and outlined areas for support under CDB’s Special Development Fund (SDF) 11.

CDB Vice-President (Operations), Dr. Isaac Solomon, highlighted the significance of the Action Plan as a milestone in the ongoing partnership between the Bank and the Government. He also underscored the importance of strategic planning and adaptive implementation to strengthen institutional capacity, enhance economic competitiveness, and foster inclusive growth.

“The Action Plan captures the collective vision of CDB and the Government to deliver tangible, lasting results that improve lives and strengthen resilience. It represents not just a plan of action, but a shared commitment to innovation, accountability, and the sustainable transformation of Dominica’s economy,” said Dr. Solomon.

The Action Plan will outline priority areas for CDB financing over the next three years, with a focus on youth, MSME development, improving water and sewage systems, and support for expanding the utilisation of geothermal resources. In addition, the Plan integrates key actions to promote more effective project implementation.

Minister of Finance, Dr. the Honourable Irving McIntyre, emphasised the importance of collaboration in advancing Dominica’s Sustainable Development Goals, noting that CDB-supported projects are driving progress across key sectors. He commended the constructive dialogue between the Bank’s team and national stakeholders.

“The Government of Dominica deeply values CDB’s consistent partnership and its confidence in our development agenda as, together, we build stronger institutions, enhance capacity and improve the lives of our citizens,” said Minister McIntyre.

The CDB delegation and Government officials also conducted field visits to key project sites, including the Grand Bay/ Dubique Multipurpose Facility under the BNTF and the Loubiere to Grand Bay Road Reconstruction Project under UKCIF. These visits provided invaluable first-hand insights into the transformative impact of Bank-supported investments on communities and infrastructure across the island.

Looking ahead, the new Action Plan reflects a renewed commitment by CDB and the Government to build a stronger future, ensuring that every investment delivers meaningful and lasting benefits for the people of Dominica.

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Photo caption: (L-R) - CDB Vice-President (Operations), Dr. Isaac Solomon, joins Dominica’s Minister of Finance, Dr. the Honourable Irving McIntyre, for a photo during the recent Country Portfolio Review and Country Engagement Strategy meetings.