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 CAF Donates $1.3M for Disaster Relief

Flooding at Bamboo No 2 in November. AZP News/Sue-Ann Wayow

CAF Donates $1.3M for Disaster Relief

 

By Prior Beharry

THE Development Bank of Latin America (CAF) has offered to donate US$200,000 (TT$1.36 million).

This according to Minister of Finance Colm Imbert in a release on Friday.

He said this was a “demonstration of unwavering solidarity with the people of Trinidad and Tobago” who were facing significant damage and loss due to the effects of floods and landslides.

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Imbert said the offer of humanitarian support came on November 29, 2022, from the President of CAF Sergio Diaz-Granados G, who recently visited Trinidad and Tobago to launch the opening of CAF-Development Bank of Latin America’s regional hub which will be located here.

Imbert said this was not the first act of solidarity from CAF.

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He said, “In October 2018 humanitarian assistance in the similar sum of US$200,000 (TT$1.36 million) was readily given by CAF for flood relief and our citizens, I am sure, will remember another generous donation from CAF of US$400,000 (TT$2.72 million) in April 2020 in the fight against the Covid-19 pandemic. CAF has also indicated its readiness to offer financing for rehabilitation or reconstruction of damaged infrastructure.”

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