International Development Projects - 2026-04-21 12:33:54 PM - all published projects English

CA-3-D003698001 2026-04-21T06:32:46 The project works to build the capacity of governments across the Caribbean to strengthen their institutional and human capacity to design and implement sound macroeconomic policies to promote growth and reduce poverty. The project works to achieve these objectives through delivery mechanisms such as providing technical assistance and training by long-term experts based in the region and short-term advisory assignments, in-country workshops, and regional training seminars. There are 12 technical specialists primarily based in Barbados at the headquarters of the Caribbean Regional Technical Assistance Center (CARTAC). They engaged in supporting a wide range of economic areas: financial stability, tax administration, customs, financial sector supervision, macroeconomic programming, real sector statistics, external sector statistics, and public financial management (PFM). Established in November 2001, CARTAC is one of ten International Monetary Fund (IMF) Regional Technical Assistance Center. CARTAC is in its fifth phase of operations and is a pooled funding mechanism of donor and Caribbean country resources that supports 23 countries across the Caribbean. Closed 2016-12-20T00:00:00 2024-04-30T00:00:00 Barbados 9.50% Dominica 3.95% Guyana 3.95% Saint Lucia 3.95% Trinidad And Tobago 3.95% Saint Vincent And The Grenadines 3.95% Netherlands Antilles 3.95% Antigua and Barbuda 3.95% Cayman Islands 3.95% Grenada 3.95% Anguilla 3.95% Belize 3.95% Bahamas 3.95% Haiti 3.95% Aruba 3.95% Saint Kitts and Nevis 3.95% Virgin Islands (British) 3.99% Jamaica 5.51% Turks and Caicos Islands 3.95% Suriname 3.95% Bermuda 3.95% Montserrat 3.95% IMF – International Monetary Fund Public finance management 25.00% Domestic Revenue Mobilisation 25.00% Statistical capacity building 20.00% Financial policy and administrative management 20.00% Monetary institutions 10.00% 20000000.00 The expected outcomes for this project include: (1) improved management of public finances in CARTAC member countries through increased effectiveness of domestic revenue systems, more effective and transparent budget preparation and execution, and enhanced macro-fiscal policy formulation; (2) increased resolution and minimization of risk factors identified in the financial systems; (3) increased regulation and supervision of capital markets, banking, and non-bank financial institutions; and (4) increased use of macro-economic statistics programming analysis in key public institutions. Results achieved as of June 2023 include: (1) engaged in 268 capacity development projects with 268 objectives and 737 outcomes through the work plan; and (2) entirely or largely achieved 50% of the outcomes and 37% partially achieved. Contributions to specific-purpose programmes and funds managed by implementing partners Bilateral Aid grant excluding debt reorganisation Global Affairs Canada NGM Americas Department-Initiated Gender equality Participatory development and good governance Trade development West Indies, regional 1000000.00 3000000.00 3000000.00 3000000.00 3000000.00 2000000.00 2016200585 IMF – International Monetary Fund 20000000.00 1000000.00 3000000.00 3000000.00 5000000.00 1000000.00 800000.00 6200000.00