Small, Micro And Medium Sized Business To Benefit From 30 Million Dollars Loan Facility At AID Bank

Dominicans will soon have another opportunity to access funds from the Dominica Agricultural Industrial and Development the AID Bank from a new on-lending facility placed at the financial institution by the Government of Dominica through the Caribbean Development Bank (CDB).

Finance Minister and Prime Minister Roosevelt Skerrit made the announcement on Sunday during his weekly talk show Anou Palay.

Mr. Skerrit says the bank will soon begin on-lending 30 million dollars that government contracted from the CDB.

This sum came in the form of budgetary support however, government decided to make the monies available to small, micro and medium size enterprises in Dominica at highly concessionary rates recognizing the challenges faced by small, micro and medium sized enterprises as a result of the pandemic.

Prime Minister and Minister of Finance Roosevelt Skerrit