KACHARAGADLA

The International Monetary Fund and the Central Bank of Trinidad and Tobago have signed a Memorandum of Understanding providing opportunities for officials from the Caribbean region to train at IMF Headquarters. The agreement was signed on October 5, in Lima, Peru, at the Second Caribbean Region Dialogue held during the IMF and World Bank Annual Meetings. This partnership is based on the generous offer by the Central Bank of Trinidad and Tobago to provide financing for officials from Caribbean small states to attend the IMF’s Externally Financed Appointee Program. This program will enable officials from Central Banks and Finance Ministries to gain valuable international experience in macroeconomics and other related fields by working in the IMF headquarters in Washington, D.C. Human capacity development is a key factor that will transform current improvements in the Caribbean’s economic outlook into sustainable growth. This is particularly critical to manage the unique constrain