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PRESS RELEASE – Compete Caribbean which emerged in 2010, was designed in an effort to support private sector development and promote competitiveness throughout the region.
The programme, a joint initiative of the Inter-American Development Bank (IDB), the Canadian Development Agency (CIDA) and the United Kingdom’s Department for International Development (DFID), has benefited over 15 Caribbean countries and resulted in the creation of over 6500 jobs to-date according to Sylvia Dohnert, Executive Director of Compete Caribbean.
A Saint Lucian delegation led by the Minister in the Ministry of Finance, Hon. Dr. Ubaldus Raymond, along with the Director of Finance, Ms. Cointha Thomas and the Executive Director of the National Competitiveness and Productivity Council (NCPC), Mrs. Fiona Hinkson, recently completed a visit to Barbados on the occasion of a stocktaking exercise and celebratory event to mark the end of the initial phase of the Compete Caribbean Programme.
They were among a group of representatives from the various beneficiary countries and other key regional organizations who all converged in Barbados from November 21 – 22, 2016.
The main purpose of this exercise was to highlight the various success stories of the first phase of the Compete Caribbean Programme, discuss lessons learned and to map the way forward for the region as Compete Caribbean prepares to launch Phase 2 of the programme in January 2017.