IDB Approves New Country Strategy for Trinidad and Tobago on Digital Transformation

• The IDB’s Board of Executive Directors approved a new country strategy with Trinidad and Tobago for the 2021-2025 period. The strategy aims to help the country implement its digital transformation agenda to achieve more sustainable and inclusive growth, which is the first pillar of the country’s medium and long-term post-pandemic development plan. 
• The new strategy will support the digital transformation of Trinidad and Tobago’s economy. The strategy focuses on three areas: improving the business environment to enable digital transformation; expanding the use of digital tools to improve educational outcomes and digital skills; and enhancing the delivery of services. 
• Digital transformation will be a critical factor in the post-pandemic recovery and Trinidad and Tobago has taken bold steps towards advancing this agenda including the establishment of a dedicated Ministry of Digital Transformation in 2021. 
• A key element of the strategy focuses on using digitalization to bolster not only the public sector, and public sector services, but to empower the private sector and individual citizens of Trinidad and Tobago. The strategy will enhance and build on the IDB’s partnership with the sovereign, which includes its ongoing engagement in key development sectors such as state modernization, urban development and housing, health, energy, transportation, water and sanitation, environment, and the blue economy.

 (Source: Inter-American Development Bank)