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  • CDB approves US$29.8 million to build up health-care systems in the Caribbean

CDB approves US$29.8 million to build up health-care systems in the Caribbean

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Almost three years ago, the COVID-19 pandemic first breached the shores of Caribbean countries, causing severe economic and social dislocation and putting immense strain on health systems throughout the Region.

Now, as the Region continues its recovery, the Caribbean Development Bank (CDB) has committed US$29.8 million to strengthen health systems in Grenada, Saint Lucia and St. Vincent and the Grenadines to better withstand future health crises.

At a meeting on Thursday, March 30, the Bank’s board of directors ratified approval of three loans in the sums of US$9.97 million, US$9.86 million and US$10 million to the Governments of Grenada, Saint Lucia and St Vincent and the Grenadines respectively. The funding is allocated from resources provided by the European Investment Bank (EIB) to CDB under the EIB Climate Action Line of Credit II – COVID-19 Component.

CDB’s Vice-President of Operations, Isaac Solomon said the COVID-19 pandemic had revealed cracks in the health-care systems, making the investment timely.

“The unrelenting demands of the pandemic unearthed and made more prominent and urgent, critical frailties in our health sector around the areas of limited human, infrastructure and institutional capacity,” said Solomon.

He added: “Accordingly, there is an urgent need for upgrading to strategically position our countries to be able to respond to present and emerging challenges. We are therefore pleased to be able to approve these resources to help strengthen resilience.”

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In Grenada, the funding will assist with infrastructural works and updates at various medical facilities including the St Georges General Hospital, the Westerhall Medical Station, the St Georges Medical Station, the Grand Bras Health Facility, the New Hampshire Health Facility, the River Sallee Medical Station, the Hillsborough Health Centre and the Mt. Gay Psychiatric Hospital.

It will also fund capacity building and training for health-care workers in key areas including the Biomedical Equipment Technician Certification, rehabilitation and counselling, and risk communication. The funding will also support increased training for nurses in a range of specialities including intensive care, nephrology, neonatology, emergency care, geriatric care, oncology and nursing administration.

The loan will also cover support for purchasing of goods and equipment throughout the health sector as well as institutional strengthening initiatives such as a planned digitalisation of the health sector.

In Saint Lucia, nearly US$2 million of the funding will be utilised for purchasing critical medical equipment such as ventilators, x-ray machines, ultrasound machines and dental, neonatal and eye care equipment. The equipment will go to health facilities across the island, including the La Ressource Wellness Centre, Castries Urban Centre, Dennery Hospital, Soufriere Hospital, Comfort Bay Home for Older Persons, St. Jude Hospital and two respiratory clinics – Vieux-Fort Wellness Centre and Gros Islet Polyclinic.

Over US$3 million will be allocated for improvements at five health-care facilities. Two facilities damaged by fire in recent years – the La Ressource Wellness Centre and the Soufriere Hospital, will be refurbished and rehabilitated while the Comfort Bay Home for Older Persons, will be expanded and retrofitted. The Castries Urban Centre will be relocated and expanded and a new annex will be added to the Dennery Hospital.

Other funding will go towards procuring supplies and pharmaceuticals as well as providing a range of training and capacity building solutions for health-care workers.

Strengthening the medical supply chain will get needed investment in St Vincent and the Grenadines, with US$3.3 million of the funding to support works to establish a Central Medical Warehouse.

Nearly US$2.3 million will be put towards medical and other equipment at the Milton Cato Memorial Hospital, such as a new distillery system for the pharmacy, equipment for the operating theatre, maternity ward and NICU, for the wards and other departments, and a CT Scanner, X-ray Machine and Hyperbaric chamber.

Building up the skills of health-care workers is also a priority with a specific focus on filling skills gaps. Specialised training will be provided for operating theatre nurses, radiology staff, lab technicians, risk communication staff and others.

Other funding will go towards engaging additional health-care staff in key areas, the establishment of a dedicated secretariat for the Health Security Unit and the supply and installation of a medical oxygen plant.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]