Antigua and Barbuda will soon to benefit from a multi-million dollar programme that will assist OECS countries to better assess poverty.
This comes after the Caribbean Development Bank (CDB), in collaboration with the Organisation of Eastern Caribbean States (OECS) Commission, on Tuesday launched a USD 2.8 million dollar programme that will help its Borrowing Member Countries (BMCs) in the OECS to better measure poverty to drive national and regional development.
The launch of the Enhanced Country Poverty Assessment Programme took place in Saint Lucia during an event that officials from the CDB, the OECS Commission and representatives from Member States including Heads of national statistical offices and Ministries attended.
According to a release from the CDB, the Programme addresses the need for more timely, accurate and reliable poverty data in the Caribbean region where, despite making considerable progress on how they measure poverty, many countries do not frequently update or report on key poverty indicators.
Head of Statistics at the Organisation of Eastern Caribbean States Dr. Gale Archibal said that OECS countries will specifically benefit from an enhanced capacity to conduct multidimensional poverty assessments for better decision-making.
In addition to OECS countries, the Enhanced Country Poverty Assessment Programme will also support other countries in the Caribbean Region in improving their capacity in multidimensional poverty measurement through USD 1.38 million in CDB funding.