St. Kitts-Nevis to Reap Benefits from Hosting Annual CDB Board of Governors’ Meeting

(ZIZ News) – This week’s Board of Governors Meeting of the Caribbean Development Bank [CDB] is anticipated to produce benefits to St. Kitts and Nevis.

Speaking at a recent press conference, Volville Forsythe who is the Assistant Bank Secretary at CDB, noted the benefits to be gained. He said not all of them are tangible.

“Being the chairmanship of the bank, one then has, the reigning Chairman has the opportunity of visiting the bank, interacting with the staff and also, in terms of championing the cause of the CDB. With respect to the actual event being held in the country, of course it’s a case where we, having a long relationship as your Chairman, the Prime Minister in his remarks that we’re going to publish, there has been a partnership with St. Kitts-Nevis and the CDB for years,” Forsythe explained.

Finance Ministers will gather at the St. Kitts Marriott Resort for the meeting while other officials have already begun arriving in the federation as the bank is hosting events ahead of the meeting.

Forsythe told ZIZ News that many of the delegates will travel with guests who form part of the accompanying persons program. He said they will experience St. Kitts and Nevis through tourist-type activities and will therefore add to the financial benefits that hosting the meeting provides.

“You do have, coming back to the question of benefits if you want to talk about it from a financial point of view, you would have a number of persons visiting. We do have almost 250 delegates and in most cases, they do return back to their country. We will have regional coverage, in terms of the media, not only at the opening ceremony but we will also have a number of clips showcasing St. Kitts and Nevis so another benefit is terms of spreading what is available, what you have in St. Kitts.”

On Tuesday, ZIZ will provide live coverage of the 16th William G. Demas Memorial Lecture, which is one of the pre-meeting activities organised by the bank. The lecture will commence at 7:30pm.