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CARICOM Heads of Government Unite in Grenada to address Regional Challenges
The 47th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) was held in St. George’s, Grenada, from July 28-30, 2024. The meeting brought together leaders from across the region to address pressing issues, including climate change, biodiversity loss, and regional security. Heads of Government emphasized the urgent need for high-level political advocacy to address climate change.
They agreed to deliver a unified statement at COP29 and convene a Donor’s Conference to address the Region’s vulnerability to climate change. The Conference agreed to establish a CARICOM Digital Skills Training and Learning Network and launch the Digi-Smart CARICOM Digital Skills Initiative in 2024. This aims to enhance regional digital resilience and promote economic growth. Heads of Government noted improvements in airlift to, from, and within the Region, including the operationalization of LIAT 2020.
They agreed to host a Regional Symposium on Air Transport in Barbados by the first quarter of 2025. The Conference expressed concern about high levels of crime and violence, fueled by firearms and ammunition trafficking, transnational criminal networks, and social structure deterioration. They committed to ongoing urgent action to protect citizens and preserve public interest. The Partnership aims to address pressing health challenges, including health-related issues of the climate crisis.
Read also : CARICOM Ministers Boost Food Security & Climate Action at Caribbean Week of Agriculture
Member States are invited to partner with HeDPAC to leverage sustainable health development and capacity building. Heads of Government received updates on the Belize-Guatemala and Guyana-Venezuela border issues. They called for peaceful resolution and respect for territorial integrity. The Conference welcomed the report by the President of the newly established Transitional Presidential Council and recognized the appointment of a Prime Minister and new Cabinet. They expressed concern at the dire humanitarian situation and reiterated commitment to support Haiti.
Heads of Government registered concern at the growing humanitarian crisis in Cuba occasioned by the ongoing embargo issued by the United States of America. They issued a Statement of solidarity with Cuba. The Conference expressed appreciation to Dr. Joy St. John, outgoing Executive Director of CARPHA, and Assistant Secretary-General Economic Integration, Innovation, and Development, Mr. Joseph Cox.
Heads of Government accept-ed the invitation of Barbados to host the 48th Regular Meeting of the Conference from February 20-21, 2025. This meeting demonstrated the commitment of CARICOM leaders to address regional challenges and promote sustainable development, economic growth, and social resilience.
ExxonMobil Guyana has announced plans to increase oil production from its Stabroek block by 18,000 barrels per day (bpd). The capacity of the Unity floating production, storage, and offloading (FPSO) vessel will increase from 252,000 bpd to 270,000 bpd, pending approval from local authorities. ExxonMobil Guyana currently produces 665,000 bpd, and future developments include the Hammerhead project, which aims to produce 120,000-180,000 bpd. The company’s investment is set to further strengthen Guyana’s economy as it grows into a major oil producer.
In political developments, President Irfaan Ali has announced several benefits ahead of Guyana’s upcoming elections. The new incentives include free college tuition and a one-time cash handout of nearly $1,000 per household, benefiting 264,000 families. The minimum wage will also increase from $350 to $500 starting next year, aimed at reducing the cost of living for Guyanese citizens.
Guyana’s economy, bolstered by its growing oil sector, saw a remarkable 60% GDP growth in 2022, the highest in the world, according to the IMF. To further utilize oil revenues, the government is launching various infrastructure projects, including hospitals, schools, and a $1.9 billion gas-to-energy initiative.
At the same time, the 115th COTED meeting on agriculture in CARICOM is tackling challenges like climate change and underdeveloped agricultural value chains, working towards the 25 by 2025 Food Security Initiative.
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CARICOM ministers gathered in St. Vincent during the 18th Caribbean Week of Agriculture (CWA) to address regional food security and sustainability. Key discussions included the “25 by 2025” initiative, blue economy development, and strategies to enhance intra-regional trade and agriculture. The ministers are also preparing for COP29, pushing for urgent climate action, and seeking financial commitments to protect Small Island Developing States (SIDS) from the impacts of climate change. Notable awards were presented to outstanding farmers for their contributions.
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As Nigerians face mounting economic hardship from soaring petrol prices and inflation, leaders like President Tinubu, Senate President Akpabio, and Remi Tinubu make insensitive remarks that mock the suffering populace. President Tinubu claims his neoliberal reforms will benefit Nigerians in the future, while Akpabio dismisses citizens fleeing the country’s economic downturn as unpatriotic. With an already devastated middle class and rising poverty, these tone-deaf responses intensify frustrations.
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