Caribbean countries need to digitalise government and banking services to reduce the cost of financing and doing business in the region, says Deputy Managing Director of the International Monetary Fund Dr Nigel Clarke. Noting that the region has some of the highest electricity costs in the world, Clarke also called for more investments in renewable energy whose costs have plummeted in recent years, while delivering the annual 25th William G. Demas Memorial Lecture on Tuesday at the annual meeting of the Board of Governors of the Caribbean Development Bank, held this year in Brazil from June 9-12. Read more: https://jamaica-gleaner.com/article/business/20250613/productivity-boosting-investments-key-growing-caribbean-economies-says-imf