Prime Minister of Antigua and Barbuda is today in St. Kitts and Nevis participating in the 2015 High Level Caribbean Forum – Financing Growth organized by the International Monetary Fund in collaboration with the Eastern Caribbean Central Bank and the Government of St. Kitts and Nevis.
Prime Minister Browne who is accompanied by Minister of State in the Ministry of Finance and Corporate Governance, Senator the Hon. Lennox Weston noted that the two day meeting will address issues critical for growth and competitiveness including banking sector issues which will focus on gaining access to credit for the productive sector.
The Forum – in its fourth edition – brings together Prime Ministers, finance ministers, central bank governors, and other high-ranking officials from the Caribbean, as well as senior officials from the IMF, the Caribbean Development Bank, the Inter-American Development Bank and the World Bank and donors.
Following the IMF forum, Prime Minister Browne will join his colleagues of the OECS for a meeting with the Eastern Caribbean Central Bank and members of International Financial Institutions.
The one and a half hour planned meeting themed “Implementing the Resolution Strategy for the Banking Sector,” will address among other issues the implementation of the New Banking Act, strategy for the resolution of the intervened banks, operation of the Eastern Caribbean Asset Management Company (ECAMC) and examine a strategy and vision for the consolidation and development of the financial sector.
The country’s leader will also travel to Jamaica where he will attend the summit to commemorate the Tenth Anniversary of the PetroCaribe Agreement and the commemoration of the 200thAnniversary of the “Carta de Jamaica” which was written by the Great Liberator Simon Bolivar in Kingston Jamaica on September 6, 1815.
During the absence from the state of Prime Minister Browne, Minister of Public Utilities and Aviation the Hon. Robin Yearwood assumes the post of Acting Prime Minister.