PMs Mitchell, Chastanet for World Bank conference on Caribbean’s socio-economic situation


PM Allen Chastanet
PM Allen Chastanet
The Action Plan was piloted by the Prime Minister of Grenada, Dr. the Rt. Hon Keith Mitchell, who has lead responsibility for Science and Technology in the CARICOM Quasi Cabinet
PM Keith Mitchell

MIAMI, United States (CMC) — Two Caribbean Community (CARICOM) leaders are expected to participate in a World Bank conference examining the socio-economic situation in the Caribbean.The March 30 conference, titled ‘The Caribbean Dilemma’ is part of the Americas Conference Series being put on in collaboration with the Miami Herald.

Prime Minister Dr. Keith Mitchell of Grenada and St. Lucia’s Prime Minister Allen Chastanet are among Caribbean delegates that will participate in the conference.

Chairman of the Economic Growth Council in Jamaica, Michael Lee-Chin, the Governor of the Central Bank of Jamaica, Brian Wynter and the Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine are also schedule to participate in the one-day event.

Read more at: Jamaica Observer

Sir K. Dwight Venner memoralised at ECCB Headquarters

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BASSETERRE, ST. KITTS, MARCH 2ND, 2017 (PRESS SEC) — The late Honourable Sir K. Dwight Venner, the second Governor of the Eastern Caribbean Central Bank (ECCB) and the longest-serving one, was honoured today, Thursday, 2 March, 2017, during a naming and unveiling ceremony at the Bank’s headquarters in St. Kitts.

The Phase 1 building, which was officially opened on 29 October, 1994, is now named in honour of Sir K. Dwight Venner who served as Governor from December 1989 to November 2015.  Sir Venner passed away in Saint Lucia on Thursday, 22 December, 2016, at the age of 70.

The late Honourable Sir K. Dwight Venner’s widow, Lady Lynda Arnolde Winville Venner, and other family members attended this morning’s ceremony.  His Excellency Sir S. W. Tapley Seaton GCMG, CVO, QC, JP was also in attendance.  Prime Minister Dr. the Honourable Timothy Harris, current ECCB Governor Mr. Timothy Antoine, and other representatives of the governing bodies of the Eastern Caribbean Central Bank – namely its Monetary Council and Board of Directors – were present, too, along with members of the Bank’s Management and current and retired staff.

Speaking at the naming and unveiling ceremony, Ms. Zinga Venner, said that, “On behalf of my mom Lady Lynda Venner, all of my siblings and myself, I would like to thank the Monetary Council of the ECCB for showing such great appreciation and recognition for our father’s work through bestowing this honour of naming this building after him.  While he is not physically here with us today, he is with us in spirit.”

Ms. Zinga Venner divulged that, “Thankfully, he was also aware of this great acknowledgment before he transitioned to the next life, and he was very pleased and touched when he was updating us on this development.”  She added: “I can assure you that he is looking down at us at this very moment with a large smile.”   (more…)

PM Browne tells CDB Governors: Address challenges to consolidate gains, secure future

The Hon. Gaston Browne, Prime Minister of Antigua and Barbuda
The Hon. Gaston Browne, Prime Minister of Antigua and Barbuda

BASSETERRE, St. Kitts and Nevis – Prime Minister of Antigua and Barbuda, the Hon. Gaston Browne told his colleague governors of the Caribbean Development Bank that there were challenges that need addressing as a matter of urgency if they were to consolidate their gains and secure their futures.

He said that one of the challenges that needed addressing in order to consolidate the future of the Bank’s members is the managing and closing of the gaps between revenue and expenditure.

In Antigua and Barbuda, persistent under-performance of revenues and the high and structural nature of public expenditure continue to create intractable fiscal deficits.  Being cognisant of the long-term implications of these imbalances, we will redouble efforts to place Antigua and Barbuda on a more sustainable fiscal path,” Prime Minister Browne stated.

Caribbean Development Bank Board of Governors Meeting (Photo via Government of Antigua and Barbuda)
Caribbean Development Bank Board of Governors Meeting (Photo via Government of Antigua and Barbuda)