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DEBT RESTRUCTURED BY CDB.


The Caribbean Development Bank The Caribbean Development Bank is a financial institution which assists Caribbean nations in financing social and economic programs in its member countries. Created on October 18, 1969 by a conference of eighteen countries and territories in Kingston, Jamaica, it has its  (CDB CDB Common Database
CDB Caribbean Development Bank
CDB Convention sur la Diversité Biologique (Convention on Biological Diversity)
CDB China Development Bank (Beijing, China)
CDB Capital Development Board
) has agreed to restructure US$4.6 million of Montserrat's debt to concessionary terms, says the Government of this northern Caribbean British dependency, reports CANA Cana (kā`nə), ancient town of Galilee. According to the Gospel of St. John it was here that Jesus performed his first miracle by turning water into wine at a wedding.

Cana

wedding feast where Christ made water into wine. [N.T.
  (January 30, 1999). CDB officials said this course of action has been decided on in light of the devastation to the island's economy, caused by the eruption of the Soufriere Hills Volcano since 1995. The CDB is also financing a US$100,000 program of support to help in the adjustment of Montserratian evacuees Resident or transient persons who have been ordered or authorized to move by competent authorities, and whose movement and accommodation are planned, organized and controlled by such authorities.  in the region.
COPYRIGHT 1999 Caribbean Update, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999 Gale, Cengage Learning. All rights reserved.

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Publication:Caribbean Update
Geographic Code:5MONT
Date:Mar 1, 1999
Words:87
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