Borrowing Member Countries definition

Borrowing Member Countries means the countries eligible to borrow from the Bank or from the IDA;
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Borrowing Member Countries means Anguilla, Antigua and Barbuda, The Bahamas, Barbados, Belize, British Virgin Islands, Cayman Islands, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago and Turks and Caicos Islands and any other country that becomes a shareholder of the Borrower during the Allocation period, provided such country is either an ACP State or is an OCT.
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Borrowing Member Countries means the countries eligible for borrowing from the Bank or IDA;
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Examples of Borrowing Member Countries in a sentence

  • Foster more rapid and board based growth of the economies of the Borrowing Member Countries (BMCs);2.

  • The Borrowing Member Countries (BMCs) of Caribbean Development Bank (CDB) are among the most vulnerable in the world to economic shocks and natural hazards.

  • There is a growing demand on the part of Borrowing Member Countries (BMCs) for MDB assistance aimed at strengthening BMC capacity to manage for development results.

  • The June 2003 document acknowledged that it may be appropriate in such circumstances to merge the two disputes under the two codes into a single consideration.

  • Reducing poverty in the region is CDB’s main objective and it finances development projects in its Borrowing Member Countries (“BMCs”) primarily through its Ordinary Capital Resources (“OCR”) which comprises shareholders’ paid-in capital, retained earnings and reserves and borrowings.

  • Study on the State of Agriculture in the Caribbean-Food & Agriculture Organization 2019-08-24 This report supports the development of the new Caribbean Development Bank's agricultural policy and strategy by identifying key trends in agriculture in Borrowing Member Countries, as well as opportunities for investment to promote growth and ensure sustainability.

  • Provide policy advice on the way forward in as much detail as available, to decision- making authorities in Borrowing Member Countries.

  • The Disaster Management Strategy and Operational Guidelines (DiMSOG) outlines the Caribbean Development Bank’s (CDB) strategy and operational guidelines for assistance to its Borrowing Member Countries (BMCs) for disaster risk management (DRM) and climate change adaptation (CCA).

  • Through it's Disaster Mitigation Facility for the Caribbean (DMFC) and Basic Needs Trust Fund (BNTF0 initiatives, CDB is seeking to support the development of community vulnerability reduction programs in the Borrowing Member Countries (BMCs).

  • Severe weather during the annual North Atlantic Hurricane Season over the last two decades has produced significant impact in Borrowing Member Countries (BMCs), resulting in economic and social dislocation, loss of life, property and livelihoods.

Related to Borrowing Member Countries

  • Alternative Currency means the Euro, Sterling, Canadian Dollars and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.