Durant referred to the need to optimize the region’s financial resources by monitoring expenditures in the different political and economic structures, especially in priority sectors such as economic and social development and environmental conservation.

In his speech before the forum, entitled Budgets for Sustainable Development, the manager insisted that the countries of the region must pay special attention to the environmental issue, which poses so much risk to the small island Caribbean nations due to the effects of climate change..

He assured it is a challenge that requires “modern and inclusive” measures. For this, pointed out the director of the CDB, resilience of the region must be increased, so development activities must be focused on obtaining optimal results for those they are intended for.

Durant stressed the importance of identifying what the priorities are and creating budget planning strategies that cover them, “this is a job that requires the commitment of all the people involved,” he added.

Representatives of public and private entities participating in the meeting, from different perspectives showed the benefits of budgeting the economy with the aim of achieving improvements in the economic, social, environmental and institutional sectors.

The 52nd annual meeting of the BDC has as priorities on its agenda the search for and consensus on policies to promote the sustainable development of the region for the period 2022-2023, with particular attention to food security, energy and access to resources such as water.

Those goals, according to the president of the financial entity, Gene Leon, are the keys that the region needs to focus on in the long term.

The CDB has a founding commitment to help borrowing member countries reduce inequality and halve the incidence of extreme poverty by the end of 2025, by supporting inclusive and sustainable growth and promoting good governance.

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