[dropcap]G[/dropcap]overnor of the Eastern Caribbean Central Bank (ECCB) Mr. Timothy Antoine made a presentation to Saint Lucia’s Cabinet of Ministers on “Transforming the ECCU Together” which covered topics such as the Global Economy: Prospects and Risks, ECCB’s Strategic Approach and the current situation in the ECCU and Saint Lucia.
The ECCB reported that the Global economy posted growth of 3.7 percent in
2017 and global growth projections for 2018 and 2019 have been revised upward to 3.9 percent.
Mr. Antoine noted that the outlook for the ECCU economy is generally positive but significant transformative reforms are required to elevate the current growth and employment trajectory. The meeting also addressed issues such as the vulnerability of the region to natural disasters, external shocks and building resilience.
Prime Minister Honourable Allen Chastanet explained
that the session was an opportunity for Cabinet to get reacquainted with the ECCB’s plans for ECCU growth. PM Chastanet also stated that with Saint Lucia’s strategy for investment in 2018, our island is poised to continue to play a significant role in the development of the region.
For certain lucky Looshans, Coral Gables is a home away from home! Read More
For those who can only talk about who I horn or who horn me, if you wish to make that… Read More
Kenny Anthony described the new St Jude as Saint Lucia’s most expensive unfinished project! Read More
St. Lucia deserves better! The people deserve leadership that prioritises hospitals over political theatrics, real development over cash-for-votes gimmicks, national… Read More
Maya Angelo advises that when people tell and show you who they are, you should believe them. Over their years… Read More
Our most important job, as a government and as regular citizens, is to bring about a change in the general… Read More
This website uses cookies to improve your experience. No personally identifiable information is stored.