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CDB Funding Broadens Capacities For Saint Lucia’s Youth Economy Agency, Fire Service

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Prime Minister Hon. Philip J. Pierre leads a Cabinet of Ministers and heads a government that prioritizes the development of Saint Lucia’s human capital and the protection of public and private assets.

The Prime Minister has successfully partnered with the Caribbean Development Bank (CDB) to secure funding for the aspirations of our nation’s youth, future business leaders, and to strengthen the country’s national security and protective services.

The CDB has agreed to loan the Government of Saint Lucia $20.52 million to support the Youth Economy Agency (YEA). An additional 3,000 young Saint Lucians will get access to these funds to help them turn their talents, skills and hobbies into viable business ventures.

Prime Minister Pierre is making the largest capital injection into the Saint Lucia Fire Service (SLFS) by committing more than $26 million from the CDB loan agreement to enhance its institutional and technical capacities.

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More than 300 of Saint Lucia’s dutiful and hardworking fire officers and first responders will access advanced technical training programmes to strengthen the emergency response capabilities of the SLFS.

The SLFS will also be able to acquire state-of-the-art firefighting equipment, transportation and tools to optimize Saint Lucia’s emergency response services to better protect public infrastructure and state assets like our airports and government offices and private properties like your homes and businesses from natural and man-made hazards.

In October, the Prime Minister and Minister for Finance secured approval from the Parliament of Saint Lucia to source the financing from the CDB.

On October 12, 2023, Vice President of Operations at the CDB, Mr Isaac Solomon, joined Prime Minister Pierre and officials of the SLFS and YEA for the official signing ceremony of this monumental agreement with the Government of Saint Lucia.

SOURCE: Office of the Prime Minister

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Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

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  1. 1. This article reads like a 12 year old wrote it.
    2. All well and good for the booster shot in the arm from CDB. We should be grateful.
    3. Let us hope that the Fire Service and First Responders personnel get a salary raise as well, considering they have state of the art training and equipment to use. Very important.
    4. I have always commended this administration for assisting the youth of the country – but the literacy rate needs to be raised. Better teachers with better salaries are needed for that to happen!
    5. I sincerely hope that should the administration change at the next election, that this endeavour is continued.

  2. When these things are being published which often in my opinion are grossly misguided you needed to also publish the requirements. MSME is a night mare


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