Private sector development in Caribbean pivotal – Barbados PM

Prime Minister of Barbados, the Hon. Freundel Stuart
Prime Minister of Barbados, the Hon. Freundel Stuart

Prime Minister of Barbados, the Hon. Freundel Stuart, on Wednesday stressed that private sector development in the Caribbean remained pivotal and suggested that exporters must continue to be empowered to penetrate global markets. According to him, enabling and strengthening the private sector was the most effective way of ensuring continued economic growth in this Region.

He urged the regional private sector to be proactive and creative and seek to increase the number of projects that could be assisted to the next stage by the Caribbean Export Development Agency.

“Countries like Barbados need foreign exchange for almost every stage of our production in the various sectors.  But if we do not earn it, we cannot spend it without serious effects on our entire economy and society. For example, companies in the retail sector – which use a large proportion of foreign reserves in providing the goods that we both need and want – must be creative and explore how they can assist in producing more foreign exchange, through contributing in some way to our export thrust,” he insisted.

The Prime Minister made the remarks at the launch of the 11th European Development Fund’s (EDF) Regional Private Sector Development Programme at the Lloyd Erskine Sandiford Centre.

Read more at: Barbados Information Service

Jamaica’s CSME official updated on Barbados’ progress

Minister in the Office of the Prime Minister, Senator Darcy Boyce (centre) meets Jamaica’s CSME Focal Point, Symone Betton-Nayo (right) on the first day of a five-day visit to Barbados under the 10th European Development Fund. Also present were: (from left) Economist I, Rhea Clarke-Mason; Chief Research Officer, Paula Byer; Permanent Secretary in the Prime Minister’s Office, Sonja Welch and Barbados’ Ambassador to CARICOM, Robert ‘Bobby’ Morris. Missing is Permanent Secretary (Defence and Security), Timothy Maynard. (Photo by A. Miller via BGIS)
Minister in the Office of the Prime Minister, Senator Darcy Boyce (centre) meets Jamaica’s CSME Focal Point, Symone Betton-Nayo (right) on the first day of a five-day visit to Barbados under the 10th European Development Fund. Also present were: (from left) Economist I, Rhea Clarke-Mason; Chief Research Officer, Paula Byer; Permanent Secretary in the Prime Minister’s Office, Sonja Welch and Barbados’ Ambassador to CARICOM, Robert ‘Bobby’ Morris. (Photo by A. Miller via BGIS)

Barbados is doing its part to ensure that this country meets its obligations under the CARICOM Single Market and Economy (CSME).

This was underscored recently by Minister in the Prime Minister’s Office, Senator Darcy Boyce, as he met with Jamaica’s CARICOM Single Market and Economy Focal Point representative, Symone Betton-Nayo.  Mrs. Betton-Nayo is in Barbados on a five-day official visit as part of an internship exchange programme which is organised by the CARICOM Secretariat in association with the Prime Minister’s Office.

The meeting, which took place at Government Headquarters, was chaired by Minister Boyce, and included Barbados’ Ambassador to CARICOM, Robert ‘Bobby’ Morris; Permanent Secretary in the Prime Minister’s Office, Sonja Welch; Permanent Secretary (Defence and Security), Timothy Maynard; and Chief Research Officer, Paula Byer.

In his remarks, Senator Boyce said: “I am one of the people who believe that the [CARICOM] Community is developing very nicely from the background of the number of people we process through our airport who go in and out without difficulties. From the number of CSN’s (CARICOM Skilled Nationals) that we issue and the very few that we reject.”

Jamaica’s CARICOM Single Market and Economy Focal Point representative, Symone Betton-Nayo with Barbados’ Ambassador to CARICOM, Robert ‘Bobby’ Morris. (Photo by A. Miller via BGIS)
Jamaica’s CARICOM Single Market and Economy Focal Point representative, Symone Betton-Nayo with Barbados’ Ambassador to CARICOM, Robert ‘Bobby’ Morris. (Photo by A. Miller via BGIS)

Read more at: Barbados Government Information Service

Grenada receives grant for geothermal energy development

March 22, 2017, BRIDGETOWN, Barbados –  The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant of US$231,630 to the Government of Grenada to build its capacity for planning and implementation of its geothermal energy development roadmap. The resources are from the Global Environment Facility through the Inter-American Development Bank’s Sustainable Energy Facility for the Eastern Caribbean with the CDB.  

Successful development of Grenada’s geothermal energy potential holds the greatest prospect for transforming the energy sector. This technical assistance project will provide the Government of Grenada with consultancy expertise for a period of 24 months. Consultants will work with the Government’s staff, through the establishment and operation of a Geothermal Energy Project Management Unit (GPMU).

The GPMU will provide dedicated resources to pursue the country’s geothermal energy development plan, and support the achievement of exploration drilling.  The Ministry of Finance and Energy will implement the Project, which is also consistent with CDB’s Energy Sector Policy and Strategy, and Climate Resilience Strategy. (more…)

Sir Derek Walcott to receive state funeral

sir-derek-walcott

 

Sir Derek Alton Walcott, KCSL OBE OCC, who died at home in Saint Lucia on Friday, March 17, is to receive a state funeral.

The Cabinet of Ministers approved the decision on Monday, in light of the contribution by Sir Derek Walcott to Saint Lucia.

This highest national honor, normally reserved for heads of state and government, has been conferred on Sir Derek out of respect for his exceptional contribution to the literary and artistic legacy of Saint Lucia, the Caribbean and the world.

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UPDATE: Four confirmed dead in quarry explosion in Saint Lucia

PRESS RELEASE – Tuesday’s massive explosion in Cul-de-Sac triggered the full mass casualty response from the Victoria Hospital as the casualties came steaming into the Accident and Emergency Department.

A total of 15 patients presented at the hospital suffering from various injuries with some requiring immediate surgical procedures.


One patient succumbed to his injuries while others were stabilised.

Additional nurses, doctors, ancillary and admin staff responded quickly to manage the injured as well as the friends and family members who arrived on the scene.

Read more at: St. Lucia News Online