The Development Bank of Latin America and the Caribbean (CAF) says it has approved the incorporation of St Vincent and the Grenadines as a Series C shareholder country, further extending the reach of the bank’s development financing to the Caribbean.
“St Vincent and the Grenadines is joining a development bank that understands the realities of Caribbean small states and the development challenges of multi-island states, in particular,” said CAF executive president, Sergio Díaz-Granados.