PM Friday outlines priorities for Caribbean resilience and growth at CDB meeting

Prime Minister Dr. Godwin Friday, has called for greater resilience, stronger regional cooperation, and increased development financing as Caribbean nations navigate a complex global environment.

Speaking on behalf of the Borrowing Member Countries at the Caribbean Development Bank’s (CDB) 56th annual meeting in Nassau, The Bahamas, Prime Minister Friday said the region’s future must be shaped by deliberate action, strong institutions, and regional solidarity.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the meeting brought together regional leaders, policymakers, and development partners to address the Caribbean’s key challenges and opportunities.

Prime Minister Friday highlighted ongoing economic pressures, including structural vulnerabilities, tighter global credit conditions, climate shocks, rising shipping costs, and geopolitical tensions. He emphasised the Caribbean Development Bank’s important role in helping member countries build resilience, modernise infrastructure, and advance sustainable development, a release from the Office of the Prime Minister outlined.

He also urged regional unity amid growing uncertainty, noting that, “our sub-region is currently navigating profound shifts in global geopolitics and reconfigured international alliances that require a unified regional front”.

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