Sunday, May 5, 2024

PM: Need for debt solutions

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PRIME MINISTER?FREUNDEL Stuart has identified debt sustainability as  a critical issue for many small island developing states (SIDS).
And he has expressed the view  that the Third International Conference on SIDS, which will be held in Samoa in 2014, must be  used to find and share solutions  to this challenge, which is a major constraint to these states achieving sustainable development.
Stuart made the comments yesterday while delivering the feature address  at the opening ceremony of a three-day SIDS Inter-Regional Preparatory Meeting at Hilton Barbados.
He suggested that the United Nations entity that has responsibility for coordinating SIDS issues should convene a meeting of finance and economic ministers to discuss those matters and put forward specific recommendations  to be considered as part of the outcome of the international meeting. (BGIS)

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