Council for Finance and Planning

E111697

The Council for Finance and Planning is a principal decision-making body of the Caribbean Community responsible for coordinating regional economic, financial, and monetary policies among member states.

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All labels observed (1)

Label Occurrences
Council for Finance and Planning canonical 6

Statements (48)

Predicate Object
instanceOf decision-making body
principal organ of the Caribbean Community
regional economic policy body
affiliation CARICOM Single Market and Economy
alsoKnownAs COFAP of CARICOM
composition ministers with responsibility for finance and planning from each CARICOM member state
country Caribbean Community
goal enhanced policy coordination among CARICOM member states
macroeconomic stability in CARICOM
hasMember Ministers of Finance of CARICOM member states
Ministers responsible for Planning in CARICOM member states
hasRole advising CARICOM Heads of Government on economic and financial matters
coordination of external economic and financial relations of CARICOM
coordination of regional economic policies
coordination of regional financial policies
coordination of regional monetary policies
development of regional capital markets policy
harmonisation of fiscal policy among CARICOM member states
harmonisation of monetary policy among CARICOM member states
oversight of macroeconomic policy convergence in CARICOM
promotion of regional financial stability
supervision of implementation of regional economic integration measures
jurisdiction Caribbean Community member states
language English
legalBasis Revised Treaty of Chaguaramas
Revised Treaty of Chaguaramas
surface form: Treaty establishing the Caribbean Community
meetsFor coordination of budgetary and fiscal measures
discussion of regional responses to global economic developments
formulation of common economic policy positions
memberOf Caribbean Community institutional framework
surface form: Organs of the Caribbean Community
partOf CARICOM institutional framework
Caribbean Community
policyArea financial sector regulation
fiscal policy
macroeconomic policy
monetary policy
public debt management
regional development financing
purpose to advance the objectives of the CARICOM Single Market and Economy
to ensure consistency of economic, financial and monetary policies within CARICOM
to promote economic integration and development in the Caribbean Community
regionServed Caribbean
surface form: Caribbean region
reportsTo Conference of Heads of Government of the Caribbean Community
shortName COFAP
subordinateTo Conference of Heads of Government of the Caribbean Community
worksOn CARICOM Single Market and Economy
surface form: CARICOM Single Market and Economy implementation
worksWith Caribbean Community Secretariat
Council for Trade and Economic Development

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Caribbean Community hasOrgan Council for Finance and Planning
Revised Treaty of Chaguaramas creates Council for Finance and Planning
Council for Trade and Economic Development coordinatesWith Council for Finance and Planning
Heads of Government of the Caribbean Community authorityOver Council for Finance and Planning
Community Council of Ministers of CARICOM relatedBody Council for Finance and Planning
CARICOM member state governments participatesIn Council for Finance and Planning