technologies can support countries during the COVID-19 recovery phase and help build resilience , create jobs and boost future growth .”

The project aims to increase internet penetration and access to digital financial services and public services . It will support reforms and regional harmonization of the legal and regulatory environment to promote investment in digital infrastructure . It will support activities to make telecommunications and financial services more affordable , while addressing risks related to cybersecurity and data protection .

The project will also support public sector modernization and delivery of citizen-centric , digital public services . Support will be provided to individuals and businesses for skills and entrepreneurship development .

Financing for the project comes from the International Development Association ( IDA ). The OECS Commission will receive a grant , and the four Eastern Caribbean islands will receive interest-free financing with a maturity of 40 years , including a grace period of 10 years .

While the project countries are recognised as having made some strides in developing their digital foundations , most notably in upgrading digital infrastructure , the World Bank says more remains to be done .

At present , Eastern Caribbean countries are acknowledged as continuing to lag significantly

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