CDB talks projects and challenges when governors meet in federation

These discussions form part of the activities of the 45th Board of Governors Meeting of the CDB that will take place in the federation from the 18th to 22nd May.

Theodore Brown, coordinator of the Local Organizing Committee, explained that work has been moving apace to host the event.

Theodore-Browne“We embarked on a vigorous exercise in order to make the 45th annual Board of Governors meeting a success. And today, I am proud to mention that we have been given full commitment from the committee members and the general public at large,” Brown explained.

He disclosed that there will be several activities that will be held outside of the major focus point, which includes “the accompanying persons programme”.

This will allow both islands of St. Kitts and Nevis to be showcased to the visiting delegations.

“We are giving the accompanying persons a sample of the Kittitian and Nevisian hospitality. There is also a tour planned to the sister island of Nevis on Friday, 22nd May While in Nevis, the delegates will tour a number of historical sites.” 

During the week of activities, board members for the CDB will meet to discuss problems affecting the institution and chart a way forward, according to Volville Forsy Assistant Bank Secretary of the CDB.

“On Monday 18, leading up to the meeting, we will have a meeting of the board members. It is customary that we have that meeting… A number of papers and projects, grants etc., will be considered by that board… On Tuesday 19, we will have the procedures committee of that board of governors… That committee will meet to consider a number of items, including the annual report and audited financial statement for the preceding year 2014,” Forsy explained. 

He indicated, also, that following that meeting, another will be held with contributors to the special development fund.

“That fund is the concessionary resources, and at the annual meeting, contributors meet to review the progress of how those funds have been spent,” he disclosed.

The Board will meet again on Thursday to discuss matters of importance and draft recommendations that will be sent to the president.

Also the event will see the Vybz initiative being thrown into the spotlight. This is a youth center programme that the Bank uses to highlight to youths what is the purpose of the institution and the role it plays.

For 2015, the CDB will be holding a two-day workshop for youths in the Federation and that workshop will deal with issues of unemployment and under-employment.

The youths will also be thought how to draft a business plans and the winning plan will be featured at the closing ceremony, on Friday, 22nd May.

Prime Minister Dr. Timothy Harris, who is the chairman of the bank, will hand over the reign to Jamaica.

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