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HASTINGS, Barbados -- During the Caribbean Development Bank’s (CDB) 42nd annual meeting held in Grand Cayman from May 23-24, 2012, CDB, The World Bank (WB) and Inter-American Bank (IDB) formally signed a memorandum of understanding jointly to support the work of the Caribbean Growth Forum (CGF).

CGF aims to provide a platform for dialogue around the growth challenge with a view to identifying solutions that inspire action. The CGF will be guided strategically by a steering committee comprised of the secretary general of CARICOM, president of the CDB, and the vice chancellor of UWI.

"The Growth Forum, I have argued, is perhaps the singular most important space to share and explore avenues of development for the Caribbean by bringing perspectives from inside and outside the region, and by allowing perspectives from a broad cross section of Caribbean people to be heard and to be acted upon," said Warren Smith, CDB president.

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