The debt burden: balancing adjustment with sustainable development in the Caribbean
The fourth meeting of the Caribbean Development Roundtable (CDR) and the twenty-sixth session of the Caribbean Development and Cooperation Committee (CDCC) of the Economic Commission for Latin America and the Caribbean (ECLAC) will reflect on how best to advance the interests of the Caribbean within the context of the 2030 Agenda for Sustainable Development, the Addis Ababa Action Agenda of the Third International Conference on Financing for Development, and the Paris Agreement on climate change. Specific attention will be given to the significant debt burden being shouldered by the countries of the subregion, which has compromised the growth trajectory of Caribbean economies and curtailed the ability of the governments to respond to pressing development imperatives at home.
Agenda items include:
- Proposal for debt relief: what options are there for the Caribbean?
- Caribbean response to the debt relief initiative in view of national policy priorities.
- Making a debt relief strategy work for the Caribbean.
- Pursuing the Sustainable Development Goals within existing debt constraints.
- Harnessing green funds for debt reduction, growth and economic transformation.