CARIBBEAN COUNTRIES ENCOURAGED TO BUILD FISCAL BUFFERS AGAINST CLIMATE SHOCKS

The International Monetary Fund (IMF) is encouraging Caribbean countries to build fiscal buffers in order to cope with climate shocks. That message is from Rodrigo Valdes, Director of the IMF Fiscal Affairs Department, speaking at the Fiscal Monitor Press conference at the IMF World Bank Meetings in Bangkok, Thailand on Wednesday October 14. He was responding to a question from Television Caribbean’s Andre Huie.