IDB General Manager Meets with Suriname Minister
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PARAMARIBO, Suriname, CMC – The Caribbean managing director of the Inter-American Development Bank (IDB), Anton Edmunds, has held talks with the Finance and Planning Minister, Stanley Raghoebarsing, on the bank’s 2025 program for the Dutch-speaking Caribbean Community (CARICOM) country.
Region’s Macroeconomic Conditions
The IDB said in a statement that Edmunds acknowledged the work Suriname has done in improving macroeconomic conditions and business prospects.
Fiscal Consolidation and Transparency
He noted how the ambitious reform agenda initiated by the government continues to strengthen transparency and fiscal consolidation, which will sustainably improve the lives of the Surinamese people.
"Suriname Shines as a Leader"
“Suriname continues to shine as a leader in initiatives, scale, and comprehensive approach to development. During my recent meeting with the board, I was truly impressed by the creative and committed work being done here. It is remarkable,” he added.
IDB’s Role in Supporting Regional Developments
Edmunds visited several projects involving the IDB, stressing the importance of regularly assessing regional developments and maintaining a physical presence in the countries involved.
“Our Work Can Significantly Affect People’s Futures"
“This is not to say that other countries do not need support, but I see here that our work can significantly affect people’s futures. Ultimately, that is the main motivation behind our efforts: ensuring we leave a lasting impact,” he said.
One Caribbean Initiative
During his visit, Edmunds also provided updates on the “One Caribbean” initiative, the bank’s first Caribbean-led regional initiative that prioritizes four critical elements: food security, citizen security, private sector development, and infrastructure.
Suriname’s Key Opportunity in Cybersecurity
He said Suriname had a key opportunity to leverage this initiative in cybersecurity, as One Caribbean is expected to support participating countries by creating an emergency fund for government use.
Cybersecurity Landscape Mapping
“Cybersecurity is an area where we have identified resources to assist governments. Importantly, we will also invest in mapping the current cybersecurity landscape in each country,” Edmunds said.
Piloting Projects in Food Security and Infrastructure
The aim of the One Caribbean initiative is to pilot projects within these four elements, and Edmunds said that he aims to support rather than dictate and to engage with countries on their plans and ideas.
“**We are exploring how we can leverage expertise from relevant countries to improve food production and distribution across the region," he added.
FAQs
Q: What is the IDB’s 2025 program for CARICOM countries?
A: The IDB’s 2025 program aims to improve macroeconomic conditions and business prospects in CARICOM countries.
Q: How will the IDB support Suriname in achieving its goals?
A: The IDB will provide technical assistance and financial support to Suriname to help implement its reform agenda and achieve its economic growth targets.
Q: What is the “One Caribbean” initiative?
A: The “One Caribbean” initiative is a regional initiative that prioritizes four critical elements: food security, citizen security, private sector development, and infrastructure.
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