Turks and Caicos, May 22, 2017 – Providenciales – The Caribbean Development Bank and its key members are in town and based on the agenda, there are some serious and potentially trans-formative discussions set to take place at this 47th annual session.
The CDB meeting agenda outlines topics designed to stave off weak economic growth in the Caribbean… consideration of how climate change will and is already impacting the region, what is really at risk… how we can and must boost productivity within our countries… can we find something other than tourism as an economic driver… and getting to the nitty gritty of what may be wrong with the model for attracting foreign direct investment.
The meeting, where some 500 international delegates are expected to attend actually got started since yesterday with meetings largely headquartered at the Gus Lightbourne Gym. Though the 47th AGM was originally announced by the former TCI government administration through then Finance Minister, Hon Washington Misick; chair of the sessions is recently elected Premier and new finance Minister, Hon Sharlene Robinson who extended welcome and said she anticipates the fruitful dialogue among regional colleagues which should see participants leaving feeling revitalized.
President of the CDB, Dr Warren Smith said the sessions are geared to reexamination so that “Members exploit their synergies and maximize the benefits of the regional agreement, while moving closer to the goal of inclusive growth and shared prosperity.” The meetings is being held in the TCI for the second time with the 2017 theme being, “Integration, Trade & Growth.”