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Medium Term Development Strategy :

The Medium Term Development Strategy (MTDS) sets out a broad framework of policies and programmes, which the government will seek to pursue over the period 2010 – 2014. The MTDS gives support to the country’s long-term vision of becoming “A Fully Developed and People-centered Society, through New Development Pathways”. The plan will serve as an important recovery tool that will be used to guide the country as it emerges from the current global recession. In this respect, the theme “Recovery, Adjustment and Sustainable Development” adequately speaks to the policy framework that has to be put in-place if Barbados is to remain on an upward growth and development path.

As a strategic planning document, the MTDS will provide just the broad blueprint and will leave the finer details to individual plans of ministries and agencies. The MTDS also embraces the key strategies contained in the Short and Medium Term Action Plan which was formulated by the Special Working Group on the economy. The coordinator of the Medium Term Development Strategy is Mr. Derek Gibbs, Chief Economist, Research and Planning Unit.

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Category: General News
Publish Date: Apr 15, 2010