Thursday, April 16, 2026

CDB: Private sector must do more

Date:

Share post:

Greater involvement from the private sector will be needed to help turn around Caribbean economies.

And president of the Caribbean Development Bank (CDB), Dr Hyginus “Gene” Leon, believes that with more collaboration between government and the private sector, that can be achieved.

“We do not have a sufficiently vibrant private sector that’s driving the region yet. So I think that would be one repositioning, pivoting point that I think the bank should look at closely.

“It’s important because it is not so much about government directing, neither is it about the private sector doing it alone but the point is to build that consensus across society beyond the political, beyond the private sector and the general public. He said the bank could help by being an incubator and help facilitate more innovation. (TG)

 

Subscribe now to our eNATION edition for the full story.

For the latest stories and breaking news updates download the Nationnews apps for iOS and Android.

Related articles

Barbados advances US$80m to secure its water future

The Government of Barbados is making a US$80 million investment in modernising its water infrastructure, marking another significant...

Brush my soul making waves

By Cheryl Harewood She has spent the last 20 years as a sculptor and her work can be found...

Two Bajan-New Yorkers die in fire

Grief, shock and a deep sense of loss have gripped an East Flatbush community in the heart of...

162 detained over online praise for school shootings in Turkey

Turkish police have arrested 162 people accused of posting controversial content online about two deadly school shootings which...