With the IDB’s recent launch of its ‘One Caribbean Strategy’, Minister of Finance Dr Ashni Singh has urged the multilateral institution to hold true on making the objectives a reality, as he promised that Guyana would play its part.
According to a statement from the Ministry of Finance, Singh, “pointed out that the strategy’s three main objectives of addressing climate change, reducing poverty and inequality, and bolstering sustainable growth are at the heart of the region’s development challenges, while he also urged the IDB Group to continue to be resolute in ensuring its engagement and operations in the region ‘fulsomely tackle these objectives’.
He suggested that to achieve these results, ‘our efforts at the balance sheet optimization for more resources to be available to our countries, developing appropriate lending instruments and modifying existing ones to meet our climate challenges, are critical.
