St. Kitts and Nevis to make presentation on experience for overcoming debt burden

Basseterre, February 13- St. Kitts and Nevis has been invited to attend a Meeting of Experts on debt burden in the Caribbean region.

The February 24th session in Port of Spain, Trinidad, has been organised by the Permanent Secretariat of the Latin American and Caribbean Economic System (SELA) with the General Secretariat of the Association of Caribbean States (ACS).

The St. Kitts and Nevis representative has been invited to make the first presentation during entitled “National experience for overcoming debt burden.” Presentations will also be made by representatives of Jamaica, Grenada and Barbados.

Debates will be based on the document “Debt Burden and Fiscal Sustainability in the Caribbean Region” prepared by the Permanent Secretariat of SELA.

The event is aimed at analysing the debt situation in Caribbean countries and policies for debt relief, focusing on different approaches that respond to the particular characteristics of the economies in the region, exchange experiences among countries in the sub-region as regards the subject of debt relief and disseminate information about this reality among countries and integration organizations in Latin America and the Caribbean.

It is also aimed at identifying debt relief policies, particularly measures to promote investment and to spur economic growth, reach conclusions and recommendations with operational use for affected countries, as well as strategic information for other Member States.