Basseterre, St. Kitts, April 16, 2025 (PMO) — Prime Minister Hon. Dr. Terrance Drew will journey to Washington, D.C. subsequent week to take part within the 2025 Spring Conferences of the World Financial institution Group and Worldwide Financial Fund (IMF), April 22-26, the place he’ll have interaction in high-level discussions on issues crucial to the financial way forward for St. Kitts and Nevis and the broader Caribbean area.
Throughout an April 15 radio interview, Prime Minister Drew offered perception into the aim and urgency of the go to. “We shall be discussing a variety of monetary points, financial points, and so forth, particularly in mild of the geopolitics and the tariffs and so forth, our CBI programme, and the truth that we’re searching for to remodel.”
The Prime Minister famous that past the formal conferences, he’s additionally anticipated to carry “very high-level conferences in Washington,” together with engagements outdoors the Spring Conferences construction, as a part of ongoing efforts to advocate for the Federation’s financial pursuits.
The go to comes at a time of mounting concern within the Caribbean in regards to the potential financial fallout from new world tariffs being applied by the US, and continued scrutiny of Citizenship by Funding (CBI) programmes within the area.
“These conferences will, in fact, focus on issues which might be affecting Saint Kitts and Nevis, the OECS, CARICOM, with respect to the brand new coverage route of the US of America. In order that we are able to have significant discussions and resolve any issues that should be resolved and to have productive discussions on how we are able to transfer ahead as a hemisphere that will profit all of us.”
The Prime Minister shall be accompanied by Monetary Secretary Hilary Hazel and different senior officers from the Ministry of Finance. The delegation will use the chance to push for growth financing, spotlight progress beneath the Sustainable Island State Agenda, and advocate for extra equitable world commerce insurance policies.
This engagement builds upon Dr. Drew’s current diplomatic efforts, together with his participation within the Afri-Caribbean Funding Summit in Nigeria and his ongoing work to develop financial partnerships throughout Africa, Latin America, and inside CARICOM.
The Authorities of St. Kitts and Nevis stays dedicated to making sure robust, forward-looking illustration on the worldwide stage because it navigates advanced world shifts and secures sustainable growth alternatives for its folks.
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