BASSETERRE, St Kitts – The Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N. J. Antoine, will present the Report on Monetary, Credit and Financial Conditions in the Eastern Caribbean Currency Union (ECCU), when the 110th meeting of the ECCB Monetary Council convenes at the Sir Cecil Jacob Auditorium, ECCB headquarters, on 14 February.
The Governor’s report to the Monetary Council will include updates on (i) global and regional economic developments; (ii) impact of US policy shifts on the ECCU; (iii) financial stability; and (iv) progress on engagements with the deputy managing director of the International Monetary Fund (IMF).
The Council will also deliberate on a presentation titled: Financing the “Big Push” Through Central Bank Reserves: Scenarios, Options and Recommendations. The tenet of the Big Push is: What will it take to double the ECCU economies in the next decade?
The Council will also receive the reports from the Technical Core Committee on Insurance, Eastern Caribbean Asset Management Corporation and the Eastern Caribbean Partial Credit Guarantee Corporation.
Following the meeting, the Council chairman and council member for Anguilla, Dr Ellis Lorenzo Webster, will present the Communiqué and address questions from the media during a press conference.
The Monetary Council is the highest decision-making body of the ECCB, consisting of the eight ministers for finance from ECCB member countries.
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