June 15, 2021

Regional Debt Coordinating Committee takes steps to improve transparency on Regional Government Securities Market (RGSM)

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ECCB an Institution of the OECS Monday, April 30, 2018 — The Regional Debt Coordinating Committee (RDCC) has advanced its efforts to increase transparency and improve relationship among the stakeholders of the Regional Government Securities Market (RGSM). The RDCC, which comprises the financial secretaries of the eight ECCU countries and the Governor of the ECCB, has direct […]

Same day money transfer imminent throughout Eastern Caribbean Currency Union

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WINN from Caribbean News Now BASSETERRE, St Kitts (WINN) — Clients of commercial banks in the countries of the Eastern Caribbean Currency Union will soon be able to send and receive money in EC currency, same day between commercial banks in the ECCU. According to the Eastern Caribbean Central Bank (ECCB), the ECCU Electronic Funds […]

Eight Caribbean island economies could adopt central bank-issued cryptocurrency

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By ADAM REESE FROM ETHNEWS.COM According to an MoU signed by the premier of Montserrat, the eight island economies comprising the Eastern Caribbean Currency Union may have a central bank-issued cryptocurrency in their future. In a February 15 Facebook post, the Government Information Unit Montserrat revealed that Donaldson Romeo, the British Territory’s premier and finance […]

ECCU looks set for slower growth

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From WIC News The Eastern Caribbean Central Bank (ECCB) has projected a growth rate of 2.2%, well below the 5% target for the Eastern Caribbean Currency Union in 2018. The council, which comprises finance ministers of ECCU member states and whose current chairman is Dominica’s Prime Minister Roosevelt Skerrit, held its 90th meeting at ECCB […]

St. Kitts and Nevis pursues strategy towards poverty eradication

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OECS Media Release Thursday, December 21, 2017 — The Federation of St. Kitts and Nevis launched their Enhanced Country Poverty Assessment (CPA), under the theme Assessing the level of progress made towards reducing poverty, and charting the course for promoting equitable growth”; and tagline “It takes you and me to Eradicate Poverty”. The launch was […]

Short to medium-term financial fallout expected in hurricane-impacted islands

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By LK Hewlett From WINN FM St. Kitts and Nevis (WINN); With the initial estimate of damage in the Eastern Caribbean Currency Union from hurricanes Irma and Maria at EC$4.2 billion, the Eastern Caribbean Central Bank is projecting a resultant financial fall out in the fiscal performance of the impacted countries and the overall short […]

EC dollar stable, secure, says ECCB

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By Sharon Richards WINN From Caribbean News Now BASSETERRE, St Kitts (WINN) — The Eastern Caribbean Central Bank (ECCB) has given assurances that the EC dollar remains stable and that Eastern Caribbean banknotes are protected by the various security features of the notes. Deputy director of the Currency Management Department, Rosbert Humphrey, said, “At this […]

Eastern Caribbean Central Bank to publish annual report on the Financial Stability of the ECCU

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BASSETERRE, ST. KITTS, JULY 26TH, 2017 (PRESS SEC) – The Eastern Caribbean Central Bank (ECCB) will start publishing a Financial Stability Report annually. This move will improve the public’s understanding of the eight-member Eastern Caribbean Currency Union’s financial system and encourage informed debate, as such reports, which are predominantly issued by central banks around the […]

iNews Briefs & Community Events

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More migrants arrive in Cayman Islands A total of 15 migrants arrived by boat at Rum Point, Grand Cayman, late Wednesday evening (20 July 2016) and were taken into custody after their boat engine failed. The group, originally 16, had stopped in Cayman Brac Tuesday, where 1 male disembarked. The group comprises nine males and […]

ECCB governor cites possible major fallout from Brexit

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By Ken Richards From WINN FM St Kitts and Nevis (WINN) For the region in general, there could be major adverse impacts from Brexit. That warning is coming from Governor of the Eastern Caribbean Central Bank, Timothy Antoine. A Britain in recession is one of the predictions being made. “The IMF and in fact I […]