The Caribbean Development Bank (CDB) is hosting its 56th annual Board of Governors Meeting here in the capital at the Baha Mar Resort.

CDB President, Daniel Best spoke with ZNS News about the meetings. He said, “once a year our governors come together. These are the owners of the bank, if you will, the shareholders of the bank. We get the opportunity to hear from them. How they think the bank if going. Some of the important areas that we perhaps need to focus on. The direction of travel that we’re on and we get to engage in quite a fulsome and rich discourse with our owners, the shareholders of the bank. “

Best went further saying, “some of the major agenda items we have introduced quite a few new things this year. We get to present what we’re doing in the private sector. But also, we bring in private sector ideas from across the region, especially here in The Bahamas, to speak about how the private sector may support the development agenda for the region.”

The CDB President said the meeting will cover some of the analysis the bank has done on regional issues. He said, “the two Edge X sessions will focus on some of the global conflicts, some of the global challenges and how they affect the Caribbean. The second one is on the traffic situation across the Caribbean and the impact it’s having on our economy. So this is a Caribbean situations, Caribbean challenges, Caribbean analysis and Caribbean solutions being put forward.”

The meeting of the Caribbean Development Bank Board of Governor begins June 1st and end Friday, June 5th.