CDB Head questions new regional task force

The president of the Caribbean Development Bank (CDB), Compton Bourne has questioned the need for yet another task force to guide regional response to the global economic crisis.



At a special summit in Trinidad and Tobago over the weekend, CARICOM leaders agreed to the establishment of a five member task force, chaired by Barbadian economist Dr. Delisle Worrell.



CARICOM Chairman and Prime Minister of Belize Dean Barrow said there was urgent need for CARICOM to implement a clear strategy in response to the crisis.



He said the task force would look specifically at the matter of access to funds agreed to by the G-20 grouping of the world’s leading industrialised states as part of a recent initiative to structure a new global environment.



However, Bourne told the Caribbean Media Corporation (CMC) that the task force by the Finance Ministers had also included Dr. Worrell and that the draft report had been laid before the regional leaders at their special summit in Port of Spain.