The World Bank’s board of executive directors has approved two projects totaling US$19 million for the Eastern Caribbean countries of St. Vincent and the Grenadines, and Grenada.
The US$10.7 million Human Development Service Delivery Project will support improved quality of primary and secondary education, a more efficient social protection system and improved access to skills training in St. Vincent and the Grenadines.
The OECS Regional Agriculture Competitiveness Project (valued US$8.3 million) aims to increase market access and sales for farmers, fishers and agro-processors in both St. Vincent and the Grenadines, and Grenada.
The two projects will address key constraints in human development and agriculture sectors.
St. Vincent and the Grenadines has made significant human development progress yet poverty and unemployment remain high, the World Bank said in a statement last Thursday from its Washington office.