PM Douglas chairs special meeting of CDB in Barbados

(ZIZ News) — St. Kitts and Nevis’ Prime Minister the Right Hon. Dr. Denzil L. Douglas has chaired a special meeting of the Board of Governors of the Caribbean Development Bank (CDB).

The meeting in Bridgetown, Barbados, reviewed CDB’s 2015 – 2019 strategic plan.

The Governors first reviewed the draft in May at the Annual Board of Governors’ meeting held in Georgetown, Guyana and provided additional feedback during the recent discussion.

In May this year at CDB’s 44th Annual Board of Governors meeting in Guyana, Prime Minister Douglas, who is also Minister of Finance was appointed the new Chairman of Regional Lending Institution.

While confessing to his audience that the successful recovery of St. Kitts and Nevis’ economy was due to the innovativeness and unyielding support of the CDB, Dr. Douglas said that based on the confidence expressed by members to elect him to such an important position, he would strive to ensure the bank’s objectives are achieved and its agenda for change realised.

St. Kitts and Nevis is to host the next Board of Governors Meeting in May 2015.

The Caribbean Development Bank is a regional financial institution established in 1970 for the purpose of contributing to the harmonious economic growth and development of the member countries in the caribbean.