Caribbean Association of Investment Promotion Agencies (CAIPA): Resolving insolvencies in CARIFORUM countries
Resolving insolvency is an area where many of the 15 CARIFORUM countries have received low ratings in the World Bank’s Doing Business reports. Therefore, the Caribbean Association of Investment Promotion Agencies (CAIPA) asked the ICR Facility to provide technical assistance aimed at improving the process of resolving insolvencies in the region.
The ICR Facility supports a gap assessment and provision of recommendations on resolving insolvencies in CARIFORUM countries. The gap assessment aims at informing policy-making and proposing national and regional recommendations for business environment reform. The findings of the assessment will be discussed in a regional online consultation to obtain additional input from the relevant stakeholders for a final report. The recommendations and action plan will take into consideration the different contexts of each of these countries, but also show how these can be harmonised and consolidated at a regional level, thereby creating future opportunities for joint-actions or regional initiatives.
Technical Assistance Factsheet