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Basic Needs readies for next round of projects
The Caribbean Development Bank (CDB) is to facilitate a roundtable discussion tomorrow on water supply and sanitation in Georgetown.
This event, which will help to set the course for future collaboration in water and sanitation, is part of activities to launch the seventh cycle of CDB’s Basic Needs Trust Fund (BNTF) in Guyana.
The Mabaruma Hospital is one of the Basic Needs’ projects
The main objective of the roundtable, according to CDB yesterday, is to allow stakeholders in the water supply and sanitation sector to come together to discuss the relevant issues facing the sector and how CDB, through BNTF, can be a more strategic partner in the forward agenda.
According to Darran Newman Belgrave, BNTF Portfolio Manager, “The partners who participate in the event are mindful of the need for increased coverage, improved drinking water quality and improve sanitation and hygiene practices. We are hoping to use this forum to strengthen our collective focus and commitments, and unite our interests as CDB launches the 7th cycle of BNTF in Guyana.”
Participants are expected to come from the relevant Government ministries, development financing partners, United Nations agencies, NGOs and the private sector.
The roundtable, which takes place at the Ministry of Education Board Room, is expected to act as a precursor for further discussions at the actual launch workshop on Thursday and Friday, at the Roraima Duke Lodge.
BNTF is a grant-funded programme of CDB, a key instrument for addressing poverty reduction by providing access to basic infrastructure and services such as water and sanitation in rural and urban communities in 10 participating countries (Guyana, Belize, Commonwealth of Dominica, Grenada, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, and the Turks and Caicos Islands).
The initiative was launched in 1979 by CDB with financial assistance from the United States Agency for International Development (USAID). To date, there have been six replenishments of the BNTF.
In February, CDB signed a US$40M loan agreement, one of which is for the seventh cycle of the Basic Needs Trust Fund (BNTF) or BNTF-7, and the other for the bank’s fourth roads project.
The BNTF agreement was valued US$6.154M.
In the education sector, the BNTF has constructed two new technical and vocational centres at Mahaica and Leonora while CDB has funded several road projects.
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