The Caribbean Development Bank (CDB) wants regional governments to play a major facilitating role in properly positioning the private sector to drive a competitive and resilient economy in the Caribbean.
Addressing the 46th annual CDB Board of Governors meeting in Kingston, Jamaica on Wednesday, the bank’s President Dr William Warren-Smith declared that a strong private sector-driven economy can deliver a region that is stable and free of the kind of abject poverty which, even now plagues pockets of communities in the Caribbean.
Warren-Smith said, however, that a criteria for the realization of this goal would have to be the adoption of the requisite macro-economic and business friendly reforms and closer alignment of the education system to the needs of the productive sector, requirements that place challenges directly in the