Eastern Caribbean Central Bank (ECCB) Governor Timothy N.J. Antoine will present a landmark report on monetary, credit and financial conditions in the Eastern Caribbean Currency Union (ECCU) at the 113th Meeting of the ECCB Monetary Council, set to convene in the Commonwealth of Dominica on July 9. According to Antigua News Room, the meeting will bring together the region's top financial decision-makers to assess economic conditions and chart a course forward.
Governor Antoine's report, titled "From Stability to Resilience: The Next Chapter for the Eastern Caribbean Currency Union," will update council members on key regional developments and priorities, global growth trends, and the impact of international economic developments on the ECCU's economy.
The Council will also take up discussion of The Big Push Agenda, a wide-ranging initiative built around seven Theatres of Transformation: Human Capital and Skills Development; Food and Nutrition Security; Energy Resilience; Digital Transformation; Financial Inclusion and Wealth Creation; Tourism; and Trade Logistics and Connectivity.
As part of that agenda, the Council will receive progress updates on two flagship initiatives — the CARICOM Payments and Settlement System (CAPSS) Pilot and the Fast Payment System.
The Monetary Council serves as the ECCB's highest decision-making authority and is composed of Finance Ministers from the bank's eight member governments. The chairmanship rotates annually in alphabetical order among member countries: Anguilla, Antigua and Barbuda, the Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St Kitts) and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.
Following the meeting, newly appointed Council Chairman and Commonwealth of Dominica Council Member the Honourable Dr. Irving McIntyre will present the official communiqué and take questions from local and regional media at a post-meeting press conference.
