The UWI's new financial model will see reduced dependence on declining subventions by regional governments, as the institution turns to other sustainable, forward- thinking strategies. As it stands, running the university costs just over $18 billion per year, yet only 50% of the expenditure comes from Government.
During the last year, the institution's regional leadership met in a series of retreats with stakeholders to discuss strategies for implementing the new model.
Despite the impact of COVID-19, the market response suggests there is still a high level of liquidity in the financial system, and investors are willing to invest.