Regional leaders approve 5-year strategic plan
Caricom leaders, during their 35th Heads of Government meeting held over a four-day period here, approved a landmark five – year strategic plan aimed at keeping the organisation viable and relevant.
Caricom Chairman and Prime Minister of Antigua & Barbuda, Gaston Browne said the plan, “is a crucial element in the community’s reform process, which includes reform of its institutions and restructuring of the secretariat.
The plan identifies eight integrated strategic priorities for the community over a five-year period and key areas of interventions for each,” Browne said.
He further noted the integrated strategic priorities are building economic resilience, social resilience, environmental resilience, technological resilience, strengthening the Caricom identity in spirit of community and strengthening community governance along with coordinated foreign policy and research and development and innovation.
“We are all aware of the economic difficulties being experienced across the community and the commission on the economy came forward with some concrete suggestions to alleviate the situation. We look forward to the formulation of a regional fiscal sustainability framework within six months and the design of a regional management mechanism,” Browne added.
He disclosed that during the meeting, Caricom also agreed to establish a Debt Advocacy team to advocate on behalf of member states with development partners on appropriate debt relief and or debt amelioration arrangements for the highly indebted Caricom states.
He declined to identify which states would be targeted.
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