Call For Risk Strategy

  • Barbados and other Caribbean governments are being urged to urgently adopt an integrated risk management system as the region has been faced with a multitude of challenges, including the COVID-19 pandemic. 
  • Caribbean Development Bank (CDB) president Dr. Gene Leon speaking at the opening of the Caribbean Regional Risk Conference 2022 which is being held virtually by the CDB and CCRIF SPC, thinks such an approach would help improve regional credit ratings and result in countries being able to access more affordable financing. 
  • Gene said the two institutions are currently developing an integrated sovereign risk management blueprint that can be implemented into the national platform of the respective countries. 

(Source: Nation News)