From its inception, the Caribbean Development Bank (CDB) has been assisting its Borrowing Member Countries (BMCs) to address poverty. The Bank’s commitment to this objective was reaffirmed with the approval of its Poverty Reduction Strategy (PRS) in 2004. This strategy was developed as part of the Bank’s responsibility to provide consistent support to its member countries as they continue to confront with significant and diverse challenges which, at times, threaten to reverse development gains.