2022 Special Development Fund Annual Report
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In 2022, the Special Development Fund (SDF/the Fund) continued to demonstrate its relevance as a critical source of concessional financing in the Caribbean Region, funding operations that were responsive to the needs of small, vulnerable economies, while maintaining a focus on debt sustainability. Development needs had been identified through the Caribbean Development Bank’s (CDB/the Bank) close engagement with its stakeholders, generating strong buy-in from Borrowing Member Countries (BMCs) and Contributors alike to the SDF Tenth Cycle (SDF 10) strategic operational themes. This level of buy-in was reflected in the operational performance and results, which were generally favourable despite a still-challenging implementation context at the tail-end of the pandemic.

Table of contents

Currency Equivalent
Executive Summary
Summary Data Sheet (2018-2022)


Operational Performance

Results Progress

Financial Performance