CSME Forges Ahead In Regional Exchange

Flags Of The CARICOM Countries Basseterre, St. Kitts – Nevis August 28, 2009 (SKNIS) Come October, 25 young people from St. Kitts and Nevis will take part in a CARICOM Single Market and Economy (CSME) Exchange to St. Lucia. During …

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Libya To Set Up Commercial Bank In The OECS

Dr. Ralph Gonsalves and Mokhtar Ghenas Bassaterre, St. Kitts – Nevis June 08, 2009 (CUOPM) St. Kitts and Nevis Prime Minister Hon. Dr. Denzil L. Douglas was among leaders from the Organisation of Eastern Caribbean States (OECS) who met on …

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Canada Approves CAD$7 Million For Debt Management

Eastern Caribbean Central Bank - St. Kitts

Eastern Caribbean Central Bank – St. Kitts
Photo By Erasmus Williams

Basseterre, Saint Kitts – Nevis
August 19, 2008

Member countries of the Eastern Caribbean Currency Union (ECCU) are to benefit from a Debt Management Advisory Service funded by the Government of Canada.

The Canadian Government through the Canadian International Development Agency (CIDA) has approved a contribution of seven million two hundred thousand Canadian dollars (CAD $7, 200,000.00) for the establishment of a “Canada – Eastern Caribbean Debt Management Advisory Service,” the St. Kitts – Nevis based Eastern Caribbean Central Bank said Tuesday.

The ECCB said the service is designed to support measures to improve debt management in the Eastern Caribbean Currency Union (ECCU).

CIDA, represented by the Canadian High Commissioner for Barbados and the Eastern Caribbean, His Excellency Mr. David Marshall and Mr. Trevor O. B. Brathwaite, Deputy Governor of the Eastern Caribbean Central Bank (ECCB) on Monday noted the importance of debt management among the member countries of the Currency Union to enable the region to achieve a sustainable rate of economic growth.

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Monetary Council Maintains Interest & Discount Rates

Eastern Caribbean Central Bank – St. Kitts Photo By Erasmus Williams Basseterre, Saint Kitts – Nevis July 21, 2008 (CUOPM) The Monetary Council of the Eastern Caribbean Central Bank (ECCB) will maintain the institution’s interest and discount rates. A communiqué …

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