Above: Finance Minister Winston Dookeran last year with IDB President Luis Alberto Moreno

By the Caribbean Journal staff

Caribbean nations are “innocent bystanders” in the ongoing world economic downturn, Trinidad Finance Minister Winston Dookeran told finance ministers assembled at the G24 meeting.

Dookeran said the G24, which is composed of 24 developing economies, must re-engage in new diplomacy between the large countries of the world and the smaller economies.

It’s this kind of action that is necessary to ensure that the impact of financing on international public goods are viewed as a global demand, he said, one requiring both international and regional buffers to withstand these challenges.