Saint-Vincent and the Grenadines

Saint-Vincent and the Grenadines

Saint-Vincent and the Grenadines

Saint Vincent and the Grenadines is an upper/middle-income country with a small open economy. It is the poorest country in the Eastern Caribbean and suffers from high unemployment, especially among women and young people. Its major economic pillars are tourism and agriculture, primarily banana production.

Cooperation 2014-2020

Under the 11th European Development Fund (EDF), Saint Vincent and Grenadines is allocated €7 million to support the restructuring and rehabilitation of the rural roads in the country.

Cooperation 2008-2013

Under the 10th EDF, the country was allocated €7.8 million to assist with the modernisation of the national health care sector.

As a member of the Caribbean Community (CARICOM) and the Forum of the Caribbean Group of African, Caribbean and Pacific ACP States (CARIFORUM), Saint Vincent and Grenadines benefits from regional programmes funded under the Caribbean Regional Indicative Programmes.

Saint Vincent and Grenadines is also a signatory of the CARIFORUM-EU Economic Partnership Agreement (EPA), a comprehensive free trade agreement with a strong focus on development cooperation.

 

 

Selected results achieved with EU support through projects and programmes completed between mid-2014 and mid-2015 for Montserrat, Saint Vincent and Grenadine, Barbados, Anguilla, Saint Kitts and Nevis

Inclusive Growth and poverty reduction

  • 20 affordable housing units were constructed in Montserrat and outfitted with essential amenities (kitchen, toilet and bath, bedroom)

Transport

  • 2.7 km roads granting access to 4 touristic sites in St Vincent & the Grenadine have been upgraded

Employment and Social Protection

  • The Maritime/Hospitality Institute to train youth for the hospitality and cruise ship industry in St Vincent & the Grenadine has been constructed, equipped and is operational
  • 10 000 people in Barbados have enrolled in continuing education programmes
  • 35 people in Anguilla participated in in adult technical vocational education and training (TVET), which represents an increase from 170 persons in 2011 to 205 persons in 2012
  • A national social protection strategy and action plan 2012-2017 for St. Kitts and Nevis was produced and approved. It establishes the main priorities for the social protection reform and the creation of a sustained comprehensive and integrated social protection system

Public Finance Management

  • The Anguilla Procurement Act has been enacted and published by House of Assembly, and a Procurement Board has been established

Education

  • 30 teachers in Anguilla completed in-service training