Quantcast
Channel: Finance/Business – St. Lucia News Online
Viewing all articles
Browse latest Browse all 3116

Government, CDB discuss development projects

$
0
0

chastanet-cdb

GIS – The Caribbean Development Bank (CDB) and the Government of Saint Lucia met recently to discuss the best ways that the CDB would be able to offer assistance through its development programs.

CDB President, Dr. William Warren Smith, said the visit helped reinforce the CDB’s commitment to Saint Lucia by offering assistance in ways that would help the country achieve its developmental goals.

“The meeting was an opportunity for us to examine some of the projects that we have here—those that are ongoing and also those that are in the pipeline, and to look at [additional project] opportunities,” Dr. Smith explained.

Prime Minister Hon. Allen M. Chastanet also expressed his desire to assess Saint Lucia’s circumstances from a fiscal point of view, Dr. Smith said.

“The desire of the Prime Minister [is to conduct] a diagnostic—to look at the country’s debt position and also the possibilities for growth. We talked about how the CDB may be able to assist along with other development partners, so that the objective is to get a better understanding of the government’s objectives for this country [in terms of] improving economic circumstances and helping to drive better prosperity.”

Prime Minister Chastanet said government is open to ideas that will help Saint Lucia develop.

“We need to move forward. You will hear what our ideas are, and if anyone has a better idea on how to make it work we are interested in listening. But what we are not going to do is procrastinate.”

The meeting took place at the conference centre of the Ministry of Finance, Bridge Street, Castries.

(8)(0)

Viewing all articles
Browse latest Browse all 3116

Trending Articles