/ Apr 19, 2026
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PRIME MINISTER SKERRIT CALLS FOR SHIFT TO MORE DIVERSIFIED ECONOMIES IN COMMODITY DEPENDENT STATES

Roseau, Dominica – September 16, 2021 – Dominica’s Prime Minister, Hon.Roosevelt Skerrit has issued a call for Small Island Developing States (SIDS) to consider a complete structural transformation to more diversified economies, which are no longer commodity dependent.

Hon. Skerrit participated in a virtual Round Table Discussion of the United Nations Conference on Trade and Development (UNCTAD) on Wednesday, September 15, 2021 on the topic: ‘Strengthening Resilience in Commodity Dependent Countries.’

The Prime Minister highlighted the challenges faced by small states, attributable to disaster impacts and external shocks that constrain growth and set back the pace of development.

“In transitioning to countries that are more resilient to both climate related impacts and economic shocks, we must consider not only the imperative of institutionalizing resilience and building infrastructure that can withstand natural disasters, but also a complete structural transformation to more diversified economies, that are no longer commodity dependent,” Prime Minister Skerrit said.

The Prime Minister told the forum Dominica, in building resilience, has created the Climate Resilience Agency for Dominica (CREAD), which leads and coordinates strategic initiatives across sectors and developed the Climate Resilience and Recovery Plan to 2030 (CRRP), which promotes the development of a robust economy sufficiently diversified to better withstand adverse events.

Roseau, Dominica – September 16, 2021 – Dominica’s Prime Minister, Hon.Roosevelt Skerrit has issued a call for Small Island Developing States (SIDS) to consider a complete structural transformation to more diversified economies, which are no longer commodity dependent.

Hon. Skerrit participated in a virtual Round Table Discussion of the United Nations Conference on Trade and Development (UNCTAD) on Wednesday, September 15, 2021 on the topic: ‘Strengthening Resilience in Commodity Dependent Countries.’

The Prime Minister highlighted the challenges faced by small states, attributable to disaster impacts and external shocks that constrain growth and set back the pace of development.

“In transitioning to countries that are more resilient to both climate related impacts and economic shocks, we must consider not only the imperative of institutionalizing resilience and building infrastructure that can withstand natural disasters, but also a complete structural transformation to more diversified economies, that are no longer commodity dependent,” Prime Minister Skerrit said.

The Prime Minister told the forum Dominica, in building resilience, has created the Climate Resilience Agency for Dominica (CREAD), which leads and coordinates strategic initiatives across sectors and developed the Climate Resilience and Recovery Plan to 2030 (CRRP), which promotes the development of a robust economy sufficiently diversified to better withstand adverse events.

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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

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