Basseterre, St. Kitts, April 23, 2025 (PMO) — Prime Minister of St. Kitts and Nevis, the Hon. Dr. Terrance Drew, is presently in Washington, D.C., the place he’s taking part in the 2025 World Financial institution Spring Conferences alongside Caribbean Heads of Authorities, Finance Ministers, and senior officers from the World Financial institution.
The Prime Minister is accompanied by Monetary Secretary Ms. Hilary Hazel, Everlasting Secretary within the Prime Minister’s Workplace Ms. Naeemah Hazelle, and Press Secretary Mr. Javon Liburd.
As a part of a packed schedule of high-level engagements, Prime Minister Drew and Monetary Secretary Hazel participated within the Caribbean Ministerial Assembly hosted by Ms. Anna Bjerde, Managing Director for Operations on the World Financial institution. The assembly centered on key areas akin to financial vulnerability, regional resilience, and personal sector funding.
Completely, Prime Minister Drew emphasised the crucial significance of St. Kitts and Nevis’ presence at such world boards. “It is very important attend these conferences as a result of choices made at these conferences influence us, whether or not we’re right here or not. And I imagine in a saying that claims, if you’re not on the desk, you’re on the menu,” Dr. Drew acknowledged. “Saint Kitts and Nevis must be on the desk in order that its presence could be identified and its voice heard… If we aren’t right here, there are choices which might be being made that may have an effect on us, and we’d not have had an influence on the result.”
Dr. Drew additionally reiterated the decision for worldwide establishments to undertake a extra nuanced understanding of the realities confronted by Small Island Creating States (SIDS), together with St. Kitts and Nevis. “We’re being judged on our GDP per capita, however I feel that may be a misrepresentation. Our economic system is small. We’re very susceptible.
He continued, “We’d ask the World Financial institution to permit for extra inclusion, particularly taking a look at Saint Kitts and Nevis as a susceptible state, due to our small measurement, due to local weather change and different points.”
Highlighting the collective energy of regional illustration and unity, Prime Minister Drew underscored the significance of the Caribbean talking with one voice. “Uniting our voices… provides us larger alternative for achievement for what we search to attain at this degree. If we proceed to work collectively, we’ll see extra success for every of us on the problems that have an effect on us — local weather change, constructing resilience, creating jobs, funding within the non-public sector, [and] transformation of our economies.”
The 2025 Spring Conferences come at a pivotal time for Caribbean nations searching for to affect world financial coverage, particularly because the area continues to grapple with local weather vulnerability and post-pandemic financial restoration.
The Authorities of St. Kitts and Nevis stays dedicated to worldwide engagement and regional solidarity because it advances its Sustainable Island State Agenda.
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