Finance Minister Dr Ashni Singh has urged the Caribbean Development Bank (CDB) to support the Region’s implementation of the Jagdeo Initiative as governments continue their efforts to cushion the effects of rising commodity prices.
Singh told the Bank’s 38th Annual Meeting of the Board of Governors, held in Canada on Thursday, that it should examine ways in which it could provide timely support to activities consistent with this Initiative with the objectives of increasing food production and supply; reducing inefficiencies in distribution networks and dismantling other barriers that currently impede more efficient intra-regional trade in agricultural and food products. He also said the Bank must find ways to support and increase private investment in agriculture and food production, a Government Information Agency (GINA) press release said.
