Dominica, April 28 -- The World Bank's Board of Executive Directors has approved new financing to support the Commonwealth of Dominica in its efforts to strengthen domestic revenue mobilization, enhance financial sector resilience, and promote biodiversity conservation and disaster preparedness in support of better opportunities for its people. This Development Policy Credit comprises an envelope of US$ 24 million. Dominica, known as the "Nature Island of the Caribbean," possesses exceptional biodiversity and marine ecosystems, which underpin its tourism-dependent economy. However, the country's development has been set back by natural disasters and climate-related shocks. Tropical Storm Erika in 2015 and Hurricane Maria in 2017 inflicted s...