Guyana honouring Caricom financial obligations

first_imgVice President and Foreign Affairs Minister Carl Greenidge has confirmed that Guyana has honoured its financial obligations to the Caribbean Community (Caricom) even as the regional body continues to face some financial challenges while executing its mandate.The Minister said as a general observation, many countries within the Region have experienced financial difficulties in recent years. However, he noted, “Financial challenges faced by Caricom are not the result of failure by Guyana to make itsForeign Affairs Minister Carl Greenidgecontributions.”Greenidge also made it clear that Caricom has to redouble its efforts to cut wastage of resources, both financial and otherwise, in order to meet the demands of a changing global arena.The Minister said that funding for many regional projects were on the decline and Caricom Member States were experiencing their own financial challenges in order to keep up with the increasing number of meetings, forums and engagements that require their participation and input.He said that these engagements while necessary, as Caricom seeks to forge ahead with its one economic policy and space and Latin America reintegration initiative, Member States were expressing scepticism about the bill they may have to foot as the situation domestically with regard to finances remained grim.“As the international community takes up all sorts of new challenges, whether it be environment, global warming, new institutions are established…it sometimes require additional technicians, more money and it becomes increasingly burdensome for most countries,” he added.Asked whether he anticipates that Guyana may be called upon to pay a large financial contribution to Caricom in light of the massive oil finds and exploration activities here, the Foreign Affairs Minister responded in the negative, stating that he did not anticipate any such indication. He said, “I wouldn’t expect responsible Caricom Government to be demanding that you pay now in anticipation of revenues to appear in 2020 and beyond. We have always contributed to Caricom development in accordance with our capacity. And when Guyana was doing well financially and economically, Guyana went out of its way to lend support to the integration movement, both by ways of financing and this will continue when we have resources to do so.” Caricom has been facing many financial challenges since the 2008 economic crisis which shattered the economies of several of its Member States. While some have managed to rebound from the impact of the crisis, others have generally been unable to meet their financial obligations as far as contributing revenue to the bloc to keep its Georgetown-based Secretariat going.Although Caricom is one of the oldest integration schemes in the Western Hemisphere and the largest in terms of membership, it is by far the smallest in economic and geographic terms. Caribbean economies have either stagnated or grown very slowly, and high unemployment has become chronic. Despite important policy changes, export diversification has been limited for generating huge growth rates.Despite the challenges faced by the bloc, particularly the ravaging effects of the 2017 hurricane season which has cast a long shadow over the Region, the over US$2 billion pledged at the Caricom-United Nations conference for long-term recovery for hurricane-affected countries and the establishment of the regional renewable energy centre were among the successes recently recorded by Caricom.last_img read more

54th Whittier Christmas Parade lineup

first_img Community Grand Marshal Irene Martinez Grand Marshal Rep. Linda Sanchez KOST La Serna High School lance regiment American Red Cross Critters For Christ equestrian group Morningstar Christian Chapel Rio Hondo neighborhood Girls Scouts – Spanish Trails Council South El Monte High School Bright Medical Assemblyman Charles Calderon Carden Whittier bell choir and cheer Moms Club of Whittier – West Whittier Lions Club eye mobile Bell Gardens Lancer marching regiment Classic Clowns Assemblyman Tony Mendoza Boy Scouts Pack 630 Whittier Public Library and Library Foundation Submarine Veterans of World War II Buena Park High School marching band Sponsor Rose Hills Memorial Park and Mortuary Community Affairs Manager Natalie Neufeld American G.I. Forum Broadoak’s Children’s School of Whittier College Brownie Troop No. 61 with fire truck Santa Fe High School band and color guard Santa Fe Springs City Council Santa Fe Kid Company of Whittier Palmview Christian School Rep. Grace Napolitano Hoover Elementary School baton classes St. Paul High School marching band Caremore Alma Latina de Lynwood Road Runner Speciality Towing and Transport Temple City High School band Zumayas Mexican Caf YWCA North Orange County California Youth Spirit Core Friends of the Bailey House and Whittier Historical Society Wantland Family Whittier For Jesus Youth March Son’s of Italy Hacienda Lodge No. 2168 Rio Hondo College board of trustees Tetzlaff Middle School Trojan band and color guard Whittier Chamber of Commerce President Chris George Pio Pico State Historic Park American Legion Whittier Post 51 El Rancho High School Marching Dons band and color guard Pico Rivera City Council Los Angeles County Fire Department Station 28 Harmony Center for Spiritual Living Gold Wing Road Riders Association Rincon Intermediate School band and drill team Presbyterian Intercommunity Hospital Elwin Elementary pep squad First Love Calvary Chapel float St. Bruno Cub Scouts No. 337 Prudential California Uptown Realty and Pacific Western Mortgage La Habra High School Highlander marching band Prot g Volleyball Club Praise Chapel Christian Fellowship Sonora High School Junior ROTC USS Arizona replica YMCA of Greater Whittier Pioneer High School marching band Rick’s Drive In and Out banner Campo Verde Girl Scouts Posada of Whittier Katherine Edwards Middle School royal marching band Puente Hills Landfill Native Habitat Preservation Authority Marinello Schools of Beauty Miss Whittier and Miss Teen Whittier Little Miss and Mr. Hawaiian Tropic Kids Sonora High School Raiderettes dance team Cub Scout Pack 990 Artesia High School marching pioneers Whittier Daily News Editor Tim Traeger Whittier Police Department Police Chief Dave Singer Victory Tae Kwon Do Whittier Christian School cheer and football players Whittier Meals on Wheels Whittier Christian High School Herald marching band Whittier Pony Baseball The Gardens at Whittier Whittier Museum Obregon Park Tigers Dexter Middle School Hornet marching band Credit Union of Southern California representative Dave Gunderson And Dance! Studio for performing arts Los Nietos Shrine Club First Avenue Middle School Spartan band, drill and Auxiliary Mayberry Park Boys & Girls Club of Whittier Los Nietos Kid in Sports St. Hilary Cub and Boy Scouts Pack No. 561 John Glenn High School marching band Whittier Uptown Association President Robert Ruiz Los Molinos Elementary School Wildcat cheerleader and Mascots Too Cute! Special Occasion Footwear Sorensen Park Dana Mariner Middle School marching band Regency Christian Center float Saybrook Park Pupil Transportation Center Wishing Well Whittier Uptown Association Manager Larry Trujillo Beckman High School Patriot marching band Santa Claus Source: Whittier Uptown Association 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Following is a list of participants in the 54th annual Whittier Uptown Christmas Parade: Whittier Police Department color guard Whittier High School marching band Boy Scouts AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREPettersson scores another winner, Canucks beat Kings Banco Popular Whittier City Council Los Angeles County Supervisor Don Knabe Whittier Community Services Department Royal Fox Insurance Service last_img read more