Areas of mutual curiosity to Barbados and the Financial Fee for Latin America & the Caribbean (ECLAC) have been highlighted lately when Minister of Folks Empowerment and Elder Affairs, Kirk Humphrey, engaged in a bilateral assembly with ECLAC’s Government Secretary, Javier Salazar-Xirinachs.
It was held on the sidelines of the Fifth Session of the Regional Convention of Social Growth and Fifteenth Ministerial Discussion board for Growth in Latin America
and the Caribbean, in Santiago, Chile, which ended on Thursday.
The assembly centered on the restructuring of the worldwide improvement monetary structure and garnering worldwide help for the Bridgetown Initiative, the results of local weather change for small island growing states equivalent to Barbados; and the necessity to have a larger steadiness between financial progress and social improvement for the Caribbean.
Dialogue additionally centred on points particular to Barbados equivalent to its inherent vulnerability and heightened publicity to co-variant dangers, together with hurricanes and different opposed climate circumstances, the social and financial penalties of its demographic transition because the inhabitants ages; and the state of the contributory and non-contributory social safety system.
Point out was additionally fabricated from the enduring affect of COVID-19 on the social safety system. It was famous that the pandemic served to exacerbate present points confronted by social companies and Ministries of Social Growth throughout the area.
Minister Humphrey highlighted that the innovation and creativity proven by these businesses in the course of the peak of the pandemic ought to now be used to develop a brand new fit-for-purpose social improvement framework.
Salazar-Xirinachs reiterated ECLAC’s help for Barbados and touted that financial progress and job creation had a optimistic affect on social improvement and would act to scale back the demand on social companies.
Lauding ECLAC for facilitating the alternate of concepts and cooperation between member states, Minister Humphrey famous that Barbados’ latest social improvement initiative, the One Household Programme, set to formally launch on October 13, was tailored from the Chilean Puente mannequin.
