finance for development
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COVID-19High-Level Event on Financing for Development in the Era of COVID-19 and Beyond
Date of Event: 28 May 2020 Convened by the Prime Minister of Canada, H.E. Mr. Justin Trudeau, the Prime Minister of Jamaica, H.E. Mr. Andrew Holness, and UN Secretary-General António Guterres, the virtual event aims to advance concrete solutions to the development emergency caused by the COVID-19 pandemic. The COVID-19 pandemic and the social and economic crisis it triggered, will derail our chances to achieve…
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CARICOM BUSINESS: Vol.1 No. 7
A Weekly Business News Aggregation Service Vol.1 No. 7 compiled & edited by the Directorate of Trade & Economic Integration at the CARICOM Secretariat only as a convenience for the Member States. https://caricom.org/documents/16088/caricom_business_7_-_4_march_2018.pdf
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Guyana stands to be first country to receive assistance from CDF in second funding cycle
Guyana is likely to be the first member state to benefit from a new country assistance programme (CAP) under the CARICOM Development Fund’s (CDF) 2015-2020 funding cycle, since that country is already eligible to receive further support by virtue of having paid up its full assessed contribution to the organisation. CEO Rodinald Soomer disclosed this recently stating: “The CDF is…
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CARICOM SG continues advocacy for concessional financing for vulnerable states
CARICOM Secretary-General Ambassador Irwin LaRocque continues to champion the cause for vulnerable states to receive concessional financing due to issues related to climate change. The Secretary-General has been focusing on this matter in many of his recent engagements and was vocal about the issue at the Small States Forum that was recently held in Peru. The Forum was held under the theme ‘Opportunities…
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Alternative ways of measuring development must be found
The United Nations (UN) is upbeat about advancing the process to reshape policies governing access to international public finance. Developing countries have been lobbying for a revision of current development financing policies to encompass a multi-dimensional approach as distinct from the current primary criterion of GDP per capita income. Assistant Administrator and Director of United Nations Development Programme (UNDP) Regional…
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At Ethiopia Conference, SG focuses on concessionary financing, debt
The Community recognises that the challenges of development are deep-seated. Significant resources and appropriate and mutually reinforcing policies at national, regional and international levels are required to address the difficulties facing developing countries. CARICOM Member States, therefore, continue to maintain their commitment to regional integration as the platform for securing inclusive sustainable growth. In this regard, the Caribbean Community…
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