Capacity Building Partnerships for a More Resilient Caribbean

Bridgetown, Barbados

June 16, 2022

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Since the outbreak of COVID-19, Caribbean policymakers have had to respond to the immediate and enormous challenges posed by the pandemic, while continuing to implement structural transformations to make the region more prosperous, inclusive, and resilient to natural disasters, the climate crisis, and fiscal risks.

Over the past twenty years, the IMF, Caribbean countries, and global partners have teamed up through the Caribbean Regional Technical Assistance Centre (CARTAC), based in Barbados, to provide tailored and locally-delivered capacity development support to the region. This support has proved particularly helpful to ensure that Caribbean economic institutions are well equipped to address short- to long-term economic challenges, with a particular focus on capacity building at central banks, tax and customs administrations, ministries of finances, and statistical offices.

On June 16, IMF Managing Director Kristalina Georgieva, on the occasion of her visit to Barbados, Prime Minister of Barbados Mia Amor Mottley, Minister of International Development of Canada Harjit S. Sajjan, and Eastern Caribbean Central Bank Governor Timothy Antoine shared their visions on how the Centre can contribute more to regional efforts to promote economic opportunities and resilience amidst the global recovery. 


  • Mia Amor Mottley, Prime Minister of Barbados
  • Kristalina Georgieva, IMF Managing Director
  • Harjit S. Sajjan, Minister of International Development of Canada
  • Timothy AntoineGovernor of the Eastern Caribbean Central Bank, and Chairperson of CARTAC’s Steering Committee


  • Ilan Goldfajn, Director, IMF Western Hemisphere Department


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