Source : Erasmus Williams FB
BASSETERRE, ST. KITTS — The 112th Meeting of the Eastern Caribbean Central Bank (ECCB) Monetary Council will convene in Basseterre, St. Kitts, next week.
Governor of the Eastern Caribbean Central Bank, Mr Timothy N. J. Antoine, said the Council will meet at the Sir Cecil Jacobs Auditorium at the ECCB Headquarters on February 13.
“During the meeting, the Council will also deliberate on the Big Push Initiative. The Big Push is a call for a decade of transformative actions aimed at doubling the GDP of the economies of the Eastern Caribbean Currency Union (ECCU) and improving the quality of life of its people,” Governor Antoine stated.
He noted that the current Chairman of the Monetary Council, Prime Minister and Minister of Finance of Antigua and Barbuda, Hon. Gaston Browne, will present the Report on Monetary and Credit Conditions in the ECCU.
The Council will also receive reports from the Technical Core Committee on Insurance, the Eastern Caribbean Asset Management Corporation, and the Eastern Caribbean Partial Credit Guarantee Corporation.
Following the meeting, Hon. Gaston Browne will present the Communiqué and address questions from the media during a press conference scheduled for 3:00 p.m.
The Monetary Council is the highest decision-making body of the ECCB and comprises the eight Ministers of Finance from ECCB member countries. The chairmanship rotates alphabetically each year among the member states: Anguilla, Antigua and Barbuda, the Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St. Kitts) and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.
The Eastern Caribbean Central Bank was established in October 1983 and serves as the monetary authority for all eight member countries.