Caribbean News Now!

About Us Contact Us


Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.


Submit news and opinion for publication


Click here to receive our daily regional news headlines by email.


Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin

News from ECLAC:

United Nations Economic Commission for Latin America and the Caribbean (ECLAC)

Prev    Next
ECLAC team trains Belize public finance managers
Published on July 22, 2016Email To Friend    Print Version

Professor Vanus James speaking to the participants in Belize

BELMOPAN, Belize -- Twenty government officials from Belize benefitted from a one week workshop to build capacity in conducting public expenditure reviews (PERs), focusing on applications for education, health, agriculture and social protection. PERs are intended to align expenditures with government’s priorities.

They are also intended to provide savings, either from expenditure reallocation or by reducing unproductive expenditures. In addition they improve fiscal management and can provide fiscal space especially when a country is experiencing high debt levels.

This project complements the recently launched ECLAC proposal for debt for climate adaptation swaps since it is designed to promote fiscal responsibility and build the fiscal resilience of the Caribbean; conditions that are integral to the success of the debt swap proposal.

The workshop conducted by ECLAC Caribbean, which was held in Belmopan from Monday 11 to Friday 15 July, 2016, drew participants from the ministries of finance, health, education, agriculture and public works, thereby engaging decision-makers with principal oversight for the productive sectors and social welfare. Representatives from the Statistical Institute of Belize and Human Resources also participated.

The ECLAC team was led by Dr Dillon Alleyne, deputy director of the ECLAC Port of Spain office and the workshop was facilitated by eminent regional economist Professor Vanus James.

On Friday 15 July, a special briefing was held for senior public officials, to demonstrate the value of high level support for PERs in generating better fiscal outcomes. Financial secretary in the ministry of finance of Belize, Joseph Waight, and deputy financial secretary and project focal point Marion Palacio, were among those in attendance.

Waight lauded the timing of the workshop, acknowledging that “there was pressure to use public resources efficiently” since taxpayers were demanding “value for money”.

This workshop is part of a four-country capacity building initiative organised and financed by ECLAC. Three other Caribbean countries will benefit from similar training workshops in July and August: Antigua and Barbuda, St Kitts and Nevis and Barbados.

Following the national workshops, a regional training module in forecasting and fiscal transparency will be held in Port of Spain for one week. The final phase of the project will include follow up technical assistance for the participating countries to support their implementation of the PER techniques.
Reads : 10798

Click here to receive daily news headlines from Caribbean News Now!



No comments on this topic yet. Be the first one to submit a comment.


Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, it will be a waste of your time typing your submission because we will never see it!

Your Name:

Your Email:

(Validation required)

Enter Code *


Prev    Next


I have a busy schedule but I am also very passionate about make up. I wanted to improve my skills and I am so glad I took this online course I highly recommend it to anyone who wants to gain some additional knowledge as I did. I learned all the secrets of bridal makeup and I am looking forward to taking other classes when they become available.

Other Headlines:

Regional Sports: