USAID, CARICOM to sign US$165M agreement

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CARICOM[www.inewsguyana.com] – The United States Agency for International Development (USAID) and the Caribbean Community (CARICOM) will sign three Development Objective Agreements (DOAGs), representing a USD$165 million contribution by the United States Government.

The United States Embassy in a press release announced that the signing will take place on Tuesday, November 24, 2015 at the CARICOM Secretariat in Greater Georgetown, Guyana.

It was noted that CARICOM Secretary General, Ambassador Irwin LaRoque; U.S. Ambassador, Perry Holloway; and USAID Mission Director, Christopher Cushing, will be among the dignitaries participating in the signing ceremony.

The release noted that the five year agreement signals the United States Government’s support of regional and national objectives to reduce youth involvement in crime and violence; control HIV/AIDS; and reduce vulnerability to climate change.

“USAID’s total estimated contribution to mitigate youth involvement in crime and violence in target communities is $89 million; $52 million is designated to achieving epidemic control of HIV/AIDS among key populations; and a total of $31 million is directed towards reducing the risks to human and natural assets resulting from climate vulnerability,” the release noted.

The signing will spearhead USAID’s 2015-2019 Regional Development Cooperation Strategy that covers programming in Antigua & Barbuda, Dominica, Grenada, St. Lucia, St. Vincent & the Grenadines, St. Kitts & Nevis, Barbados, Trinidad & Tobago, Suriname, and Guyana.

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