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2020
Dr. Justin Ram
Director of Economics
Caribbean Development Bank
ANNUAL NEWS
CONFERENCE
The Caribbean
Development Bank
underscores the need to
build inclusive and
resilient economies, to
improve employment
opportunities and quality
of life for Caribbean
citizens.
“
Support to Borrowing Member Countries
USD 75 million
 improve public finances
 business environment
 social protection
Policy-based loans
USD 50 million
 recovery
 maintain fiscal discipline
 build resilience
Knowledge Products
Multidimensional Vulnerability Index
• BMCs dependency on:
• Assistance to BMCs: development priorities
• Access to concessional finance
strategic imports export
concentration
natural hazards
and climate
change
Knowledge Products
Blue Economy
• Measuring impact:
e.g. 6.9% of Jamaica’s GDP
• More investment needed
Service delivery and implementation
Saint Lucia
Performance Management
Delivery Unit
• Implementation support to
ministries and agencies
• Priority areas
agriculture crime education
health infrastructure tourism
Blue Economy: focus
on measurement and
potential of marine
renewable energy
Moving forward in 2020
Research for inclusive and resilient economies
Benefits of equal
opportunity combined
with economic
competitiveness
Enhanced regional
integration through
factor mobility
Inclusivity and resilience
undermined by crime
CDB will carry out research
and offer policy advice that is
relevant and of a high quality,
providing pathways to solutions
for BMCs and their citizens

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2019 Economic Review and 2020 Outlook

  • 1. 2020 Dr. Justin Ram Director of Economics Caribbean Development Bank ANNUAL NEWS CONFERENCE
  • 2. The Caribbean Development Bank underscores the need to build inclusive and resilient economies, to improve employment opportunities and quality of life for Caribbean citizens. “
  • 3. Support to Borrowing Member Countries USD 75 million  improve public finances  business environment  social protection Policy-based loans USD 50 million  recovery  maintain fiscal discipline  build resilience
  • 4. Knowledge Products Multidimensional Vulnerability Index • BMCs dependency on: • Assistance to BMCs: development priorities • Access to concessional finance strategic imports export concentration natural hazards and climate change
  • 5. Knowledge Products Blue Economy • Measuring impact: e.g. 6.9% of Jamaica’s GDP • More investment needed
  • 6. Service delivery and implementation Saint Lucia Performance Management Delivery Unit • Implementation support to ministries and agencies • Priority areas agriculture crime education health infrastructure tourism
  • 7. Blue Economy: focus on measurement and potential of marine renewable energy Moving forward in 2020 Research for inclusive and resilient economies Benefits of equal opportunity combined with economic competitiveness Enhanced regional integration through factor mobility Inclusivity and resilience undermined by crime
  • 8. CDB will carry out research and offer policy advice that is relevant and of a high quality, providing pathways to solutions for BMCs and their citizens