In continuation of its strategic priorities, The Bahamas Development Bank (BDB) met with the country’s representative of the Organization of American States (OAS) Phyllis Baron.

The purpose of the meeting was to explore opportunities and avenues to strengthen efforts to better assist micro, small and medium-sized enterprises.

In addition, the bank explored opportunities for institutional strengthening and available technical assistance in a number of areas.

The BDB and OAS said that they can collectively support economic development, particularly as the bank works within its statutory mandate to grow and diversify the economy.

As a newly-appointed representative of OAS Baron noted that OAS has made significant contributions to the broader economy by working with a number of other government agencies and strategic partners, contributing $2.8 million in scholarships and $3 million in trade and economic development in 2018.