Barbados PM wants new CDB strategy

By Barbados Nation

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(BARBADOS NATION) – Barbadian prime Minister Mia Amor Mottley is calling on the Caribbean Development Bank (CDB) to come up with new strategies for new times.

Though complimenting the bank on its 50 years of existence at an anniversary thanksgiving service held at Frank Collymore Hall on Sunday evening, Mottley said it could no longer be a case of all things to all people.

She highlighted a need for the bank to involve the youth in its mission going forward, to create economic accommodation to deal with climate change, and to ensure a secure water source for the region.

The Prime Minister said Barbados had benefited from almost $1 billion in development capital over the last 50 years from the bank.

“But I speak to you here not only as governor of the CDB [for Barbados], Prime Minister of Barba-dos and chairman of CARICOM, but I do so conscious that if ever this region needed the oxygen of finance for the thrust of development, it’s now as we face a series of existential crises that threatened to destabilise our progress.”

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