CASTRIES, St. Lucia, CMC—A World Financial institution delegation will meet with officers from the St. Lucia authorities and the Organisation of Jap Caribbean States (OECS) to debate evaluating and enhancing nationwide information methods.
The delegation will talk about the OECS Knowledge for Resolution Making (DDM) undertaking, assess its progress, and finalize the annual work plan for upcoming initiatives over the following 4 days, beginning Thursday.
“The OECS Knowledge for Resolution Making Venture is a cornerstone of our dedication to empowering the nations of the Caribbean with the instruments and methods they should make knowledgeable, evidence-based selections,” mentioned World Financial institution senior economist and the mission’s group chief, Ann Luisa Paffhausen.
“This mission isn’t just about evaluating progress however strengthening our partnerships, refining methods, and making certain that the information turns into a transformative pressure for sustainable improvement. The World Financial institution is proud to help these efforts, which can have long-lasting advantages for the individuals of the OECS,” she added.
Deputy Everlasting Secretary within the Division of Financial Growth, Barbara Ann Francis-Augustin, mentioned this mission underscores the nation’s dedication to utilizing information as a strategic software for nationwide improvement.
“By collaborating with the OECS and the World Financial institution, we’re taking important steps to strengthen our decision-making processes and align our actions with the wants of our individuals. This partnership ensures that St. Lucia continues to construct a powerful basis in evidence-based insurance policies and sustainable progress.”
A press release mentioned that technical periods will tackle the Agricultural Census and the Survey of Dwelling Situations Family Funds Survey methodology, monetary administration processes, and updates to procurement methods.
It mentioned these collaborative actions will tackle challenges, refine methodologies, and solidify motion plans for the upcoming yr.
“The outcomes of this mission will likely be pivotal in strengthening St. Lucia’s capability to make use of information as a driving pressure for decision-making, in the end benefiting its residents and aligning with sustainable improvement targets,” the assertion added.
The DDM undertaking, launched in 2022 and carried out over 5 years, seeks to supply high quality information to tell coverage selections.
The Regional Knowledge Governance Council (RDGC), a element of the World Financial institution-funded undertaking, will play a significant function in making certain that the OECS and its member states have entry to high-quality, well timed, and dependable information.
