TCI News

TCI: Premier and Minister of Finance attends 9th Caribbean Forum

#Providenciales, November 11, 2019 – Turks and Caicos – The Premier and Minister for Finance, Investment and Trade, Hon. Sharlene Cartwright-Robinson, attended the 9th Caribbean Forum: Regional Transformation for Inclusive and Sustainable Growth in Barbados on 6 November 2019.

The event brings together senior policymakers, public, private, and multilateral development partners to explore opportunities for regional transformation to attain sustainable and inclusive growth.

There were four targeted sessions during the one-day forum: –

I. Regional Integration: Leveraging common institutional arrangement across the Caribbean

II. Working together toward a disaster resilience strategy

III. Improving tax policy in the Caribbean

IV. High Level Panel: The Caribbean in a changing geopolitical environment and the future of multilateralism

The panel discussions focused on leveraging institutional measures to boost regional integration, countries and developing partners working together to build structural, financial, and post-disaster resilience and on taxation in the tourism sector and developing an appropriate approach to tax incentives. There was a high-level panel which reflected on the challenges countries in the region face in a changing geopolitical environment.

Premier Robinson commenting on the conference stated: “The Caribbean Forum: Regional Transformation for Inclusive and Sustainable Growth was an opportunity to connect and network with our regional counterparts to share information and pool resources that can assist the Turks and Caicos Islands in achieving our sustainable development goals.

The Turks and Caicos Islands being in an active disaster risk zone must have a comprehensive disaster resilience strategy and mechanisms in place to ensure disaster resilience – we do and we have done so. My Government has been working to develop and improve upon our existing disaster resilience strategy one that takes into consideration all sectors.

This forum was a great experience for Turks and Caicos Islands.”

This Forum hosted by the Government of Barbados is a joint initiative between the Caribbean Development Bank (CDF) and the International Monetary Fund (IMF) and saw the attendances of Ministers of Finance across the Caribbean.

Release: Office of the Premier

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