The Board of Directors of the Caribbean Development Bank (hereafter called “the Bank”) has determined that the Bank should carry out negotiations for a replenishment of its Special Development Fund (Unified) (hereinafter called “the Special Development Fund”) to finance the Bank’s concessional programme for the four-year period commencing January 1, 2021, and, for that purpose, should seek contributions to the Special Development Fund.

The Governments listed in Part A of Schedule 1 to this Resolution (herein called “Contributors”) have indicated their intentions to make contributions to the Special Development Fund in the respective amounts set out in the said Part A in accordance with the arrangements set forth in this Resolution and on the basis of the decisions and understandings contained in the Report of Contributors at Schedule 3 to this Resolution.