The World Bank has approved a regional Caribbean Digital Transformation Project to build an inclusive digital economy worth a total of US$94 million for four Eastern Caribbean countries: Dominica (US$28 million), Grenada (US$8 million), St. Lucia (US$20 million), St. Vincent and the Grenadines (US$30 million), and the Organization of Eastern Caribbean States (OECS) Commission (US$8 million).
It aims to increase access to digital services, technologies, and skills by governments, businesses, and individuals, emphasising Internet penetration and access to digital financial and public services.
The project also aims to support reforms and regional harmonisation of the legal and regulatory environment to promote investment in digital infrastructure, while addressing the risks related to cybersecurity and data protection.
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