6
Caribbean Life, April 14-20, 2022
Cari b b ean ROund u p
ing lots in Guyana.
JAMAICA
Jamaica is set to benefit from investments
in US$30 million from the United
States, following a meeting between Prime
Minister Andrew Holness
and US Vice-President
Kamala Harris at the White
House in Washington DC,
USA recently.
The investments include US$20 million
to boost commerce between the two
nations and a further US$10 million to
address human capital development and
violence reduction for risk youth.
Harris said the United States will be
investing US$10 million to assist in the
strengthening and expansion of Jamaica’s
commerce in a way that “we fully intend
will have an impact in strengthening the
economy of Jamaica and drive economic
growth.”
In addition, Harris said the Biden
administration is providing US$10 million
to target at-risk youth in Jamaica “through
a number of initiatives that we believe will
have an exponential impact not only on
the issue of crime prevention but what
we intend as well, which is to strengthen
the natural human capital that exists in
Jamaica among young people.”
TRINIDAD
The Inter-American Development Bank
(IDB) recently approved a new country
strategy for Trinidad and Tobago for the
2021-2025 period, which aims to buttress
the Government’s digital transformation
agenda.
In a statement, the IDB said its President,
Mauricio Claver-Crone, held talks
with newly appointed Minister of Planning
and Development, Penelope Beckles
on the financial institution’s work
in Trinidad and Tobago, as well as the
IDB’ s work on digitialisation and climate
change in the Caribbean.
The statement said the
IDB’s country strategy
aims to help Trinidad and
Tobago implement its digital
transformation to achieve more sustainable
and inclusive growth, which is
the first pillar of the country’s medium
and long-term post-pandemic development
plan.
The Washington-based financial institution
said the strategy focuses on three
areas: improving the business environment
to enable digital transformation;
expanding the use of digital tools to
improve educational outcomes and digital
skills and enhancing the delivery of
services.
— Compiled by Azad Ali
Continued from Page 4
US lauds Jamaica for ‘very strong’ economic leadership
By Nelson A. King
The Joe Biden Administration on Friday
applauded Jamaica Prime Minister Andrew
Holness for his “very strong economic
leadership” in Jamaica and for Washington’s
partnership in the Caribbean.
In remarks made before meeting with
Holness at the US Department of State,
Secretary of State Antony J. Blinken said
that America’s partnership with Jamaica
and the wider Caribbean has “never been
better.”
“And that’s in large part due to your
engagement and your leadership,” Blinken
told Holness. “So, we’re very pleased to
have you here to talk about many of the
issues that bring us together in our own
region, but also issues that are affecting
people globally – from climate to COVID,
to other things.
“And we’re of course, very much forward
to working together on the Summit of the
Americas, which is coming up,” he added.
Holness said Jamaica and the United
States have had “a very long and strong
relationship, particularly on the people-topeople
side of things.
“From government-to-government perspective,
Jamaica and the United States
have shared values and needs,” he said.
“We’re both strong democracies. And in
an era where democracy is not necessarily
(inaudible) state of nations, it is very
important that democracies work together
to strengthen their partnerships and to
explore ways in which we can help each
other.
The Jamaican leader said he was
“pleased to report that Jamaica has made
significant progress in its microeconomic
development, particularly with its fiscal
stability and sustainability and debt reduction.
“We were able to do this with significant
help and facilitation by the United States,
and we are here to express our gratitude
for that help,” he said. “We are now at a
point where we can pivot to other areas of
our economic and social development, our
human capital development.”
Holness said Jamaica has been “a net
exporter of talent to the United States,”
stating that “our longstanding people-topeople
relationship, with migration back
and forth, would have been mutually beneficial.”
But the prime minister said Jamaica
is currently in a state “where its growth
potential, its growth horizon, could potentially
be limited by its human resource
development.
“And this is an area in which we want
to explore ways in which we can further
partnership,” he said.
Holness said the present global and geopolitical
instabilities have highlighted the
vulnerabilities of Small Island Developing
States.
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