The Caricom Secretariat says it has been operating under severe financial constraints but described recent media reports stating that the Secretariat is laying off staff due to cost cutting measures as having “no basis in fact.”
An Associated Press report had quoted Assistant Secretary-General Trade and Economic Integration Ambassador Irwin LaRocque as saying that several Caricom staffers may be laid off as the bloc considered cost-cutting measures. Travel cuts were also identified as another cost-cutting measure being explored.
In a release issued last evening, the Georgetown-headquartered Secretariat said that at no time during a brief interview with a journalist
