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Region’s Economy top of list at CARICOM meeting in POS…

caricomThe economy is expected to take center stage when heads of the Caribbean Community (CARICOM) meet in Port of Spain on Wednesday.

dr kenny anthonyPrime Minister of Saint Lucia, Dr Kenny Anthony, laid out the situation starkly when he addressed the board of governors of the Caribbean Development Bank (CDB) a month ago.

He said that the regions vulnerabilities have been exposed during the economic crisis of 2008.

While there has been a resurgence in the economies of some countries many CARICOM member states have had to approach the International Monetary Fund (IMF) for support and the CDB has indicated that many member states were carrying unsustainable debt.

 

 

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