The Central Bank of Trinidad and Tobago reported that Trinidad and Tobago hosted CAF – Development Bank of Latin America and the Caribbean’s Board of Directors meeting in Port of Spain on 10 October 2025, where the Board approved USD 1.09 billion for strategic operations in Brazil, Colombia, Uruguay and Chile. The meeting was presided over by Central Bank Governor Larry Howai, acting on behalf of the Minister of Finance, Davendranath Tancoo. The 186th CAF Board meeting was chaired by Trinidad and Tobago and was described as the first Board meeting held in the English-speaking Caribbean and the first to use a hybrid format. Trinidad and Tobago also hosted CAF’s technical committee meeting in Port of Spain on 9 October. Approved operations were linked to projects including reactivating Colombia’s railway system, strengthening water security in the Montevideo Metropolitan Area, urban modernization in Brazil, and expanding credit lines in Chile to support small and medium-sized enterprises and green projects.
Central Bank of Trinidad & Tobago 2025-10-13
Central Bank of Trinidad and Tobago chairs CAF Board meeting in Port of Spain approving USD 1.09 billion for regional operations
The Central Bank of Trinidad and Tobago announced that Trinidad and Tobago hosted the 186th CAF Board of Directors meeting, approving USD 1.09 billion for strategic operations in Brazil, Colombia, Uruguay, and Chile. Chaired by Central Bank Governor Larry Howai, it was the first CAF Board meeting in the English-speaking Caribbean and used a hybrid format. Approved projects include Colombia's railway reactivation, water security in Montevideo, urban modernization in Brazil, and credit expansion in Chile for SMEs and green initiatives.