PM Mitchell welcomes new World Bank Director Lilia Burunciuc in Grenada

The director has visited the country for the very first time and indulged in a series of meetings. She met with the various government officials in Grenada, which also included Prime Minister Mitchell. 

PM Mitchell welcomes new World Bank Director Lilia Burunciuc in Grenada
PM Mitchell welcomes new World Bank Director Lilia Burunciuc in Grenada

Grenada: Prime Minister Dr Keith Mitchell welcomed the new World Bank Country Director for the Caribbean country Lilia Burunciuc on Tuesday, April 12, 2022. Burunciuc has a responsibility for maintaining the partnership with Caribbean countries to address their development challenges. 

The director has visited the country for the very first time and indulged in a series of meetings. She met with the various government officials in Grenada, which also included Prime Minister Mitchell. 

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While highlighting the major issues, Dr Mitchell stated that the entire Caribbean region had faced great challenges during the impact of the 

pandemic. In addition to that, the war between Russia and Ukraine has also posed great challenges to the country, such as a hike in the price of fuel products. 

He also mentioned the potential impact of the recent High Court ruling on the matter of the pension. 

Prime Minister Keith Mitchell further emphasized, “We are very grateful for the international community that they understand the challenges and the situation we are facing and posing a threat to us. Now, I am assured that now we can manage the turbulent waters that are emerging, but it is important for us to work together in the interest of the country and its people. There are many challenges in front of us, but we are making extreme efforts to manage all these situations, and I strongly believe that we will get out of this situation.”

Further, Burunciuc also assured the Prime Minister of Grenada that the World Bank would continue its assistance and support to the Caribbean country and other countries that work with it. 

In addition to that, Grenada is standing on the verge of getting the US $25 million as a first package of the donation in which the World Bank Supported Recovery and Resilience Programmatic Development Policy Credit (DPC) Programme are also included. 

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She further said that Grenada is one of the more active and attentive countries which have voiced the issues such as the regional agenda, with the country which could benefit shortly from support for two key projects – Unleashing the Blue Economy and Data for Decision Making.