Tag Archives: Loan

Economically Disadvantaged Student Loan Programme Application

Students who are desirous of pursuing University studies outside of the priority areas will not be eligible to benefit from the Government’s Economically Disadvantaged Student loan Program. Prime Minister Dr. Ralph Gonsalves said that the deadline for applications to the Student Loan Company has been extended from June 30th to mid-July. He told Reporters that… Continue Reading →

$2,000,000 Loan Approved For The Argyle International Airport

The Barbados-based CARICOM Development Fund (CDF) has approved an additional 2-million EC dollar loan for the Argyle International Airport project. According to Caribbean News Now, the funding will be used to purchase equipment to establish a 218 kVa solar energy farm that will reduce electricity costs at the multi-million dollar facility. CDF’s CEO, Lorne McDonnough,… Continue Reading →

The CDB Approves Loan US $19,000,000 For The Redevelopment Of St. Lucia’s Water Supply System

The project will provide an efficient, reliable, climate resilient and sustainable supply of potable water to Vieux Fort and its Environments by December 2018. Included in this will be the provision of 15 kilometers of new transmission mains and three new pumping stations. There will also be a treatment plant consisting of sedimentation tanks and… Continue Reading →

International Monetary Fund Approves 6.4 Million Loan To SVG

The executive board of the International Monetary Fund (IMF) on Friday approved a disbursement of about 6.4 million US dollars for St Vincent and the Grenadines. Prime Minister Dr. Ralph Gonsalves said the amount is to be drawn equally from the Rapid Credit Facility (RCF) and the Rapid Financing Instrument (RFI) at about 3.2 million… Continue Reading →