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PRIME MINISTER DOUGLAS CHAIRS FIRST MEETING OF THE CARIBBEAN FORUM FOR DEVELOPMENT
May 04, 2005

Under the theme “Managing Transformation for Competitiveness,” the first meeting of the Caribbean Forum for Development (CFD) will be held in Barbados, starting tomorrow.

The Federation’s Prime Minister, Dr. the Hon. Denzil L. Douglas will have the the honour of chairing its first meeting.

The Caribbean Forum for Development, formerly the Caribbean Group for Cooperation in Economic Development (CGCED), is the main forum of coordination and consensus building among Caribbean Leaders/Policy Makers and the international donor community on development issues.

The May 5th and 6th dialogue will allow participants to explore policies and strategies needed in the medium term for successfully repositioning the Caribbean within the international economy, in light of the radically changed circumstances existing in the global economic and trade environment.

Beyond the discussion on macro-economic policy solutions, Prime Ministers, Ministers of Finance, Economists and technocrats will also examine some of the main building blocks for managing and sustaining change associated within their respective societies and economies and how these can best be supported.

Prime Minister Douglas, along with President of the Barbados-based Caribbean Development Bank (CDB), Dr. Compton Bourne and a representative of the Washington, D.C.-based World Bank will address the opening session.

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