ECCB Governor to Present Report on ECCU Monetary, Credit and Financial Conditions at 113th Monetary Council Meeting

Governor of the Eastern Caribbean Central Bank, Timothy N.J. Antoine, will present the Report on Monetary, Credit and Financial Conditions in the Eastern Caribbean Currency Union (ECCU) at the 113^th Meeting of the ECCB Monetary Council, which will be held in the Commonwealth of Dominica on 9 July.

The Governor’s Report, titled: “From Stability to Resilience: The Next Chapter for the Eastern Caribbean Currency Union,” will provide the Monetary Council with an update on key developments and priorities; global growth trends; and how events in the global space impact the ECCU’s economy.

The Council will also discuss The Big Push Agenda, which focuses on seven Theatres of Transformation, namely: Human Capital and Skills Development; Food and Nutrition Security; Energy Resilience; Digital Transformation; Financial Inclusion and Wealth Creation; Tourism; and Trade Logistics and Connectivity.

In addition, the Council will receive updates on the CARICOM Payments and Settlement System (CAPSS) Pilot and the Fast Payment System—two flagship initiatives under The Big Push Agenda. 

The Monetary Council is the ECCB’s highest decision-making authority and comprises the Ministers for Finance of the eight ECCB member governments. The Chairmanship rotates annually, in alphabetical order, among the ECCB member countries: Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St Kitts) and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.

At the media conference, which will be held after the meeting, newly appointed Chairman of the Council and Council Member for the Commonwealth of Dominica, the Honourable Dr Irving McIntyre, will present the communiqué and respond to questions from the local and regional media practitioners.

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