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Eastern Caribbean Currency Union (ECCU)

This web page provides information about the work of the IMF in the ECCU and its member countries Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines, as well the activities of the Regional Representative Office.

At a Glance : Eastern Caribbean Currency Union (ECCU) countries

News and Highlights

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ECCU Countries -- Technical Assistance Reports by the IMF's Fiscal Affairs Department

June 2009 through June 2014 click for more

CARTAC Technical Assistance Reports

July 2014 click for more

IMF Executive Board Concludes 2014 Discussion on Common Policies of Member Countries of the Eastern Caribbean Currency Union

Press Release; June 19, 2014 click for more

IMF Executive Board Concludes Macroeconomic Issues in Small States and Implications for Fund Engagement

Public Information Notice - April 1, 2013 click for more

Ambitious Reforms Needed for Growth to Return in the Caribbean

Press Release; September 5, 2012 click for more

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Eastern Caribbean Currency Union and the IMF

Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with Antigua and Barbuda

December 15, 2014

Press Release: IMF Executive Board Completes First Review Under Extended Credit Facility Arrangement for Grenada, and Approves US$2.9 Million Disbursement

December 12, 2014

St. Vincent and the Grenadines: Concluding Statement of the 2014 Article IV mission

December 1, 2014

St. Kitts and Nevis: Ninth and Final Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Proposal for Post-Program Monitoring-Staff Report; Press Release

September 26, 2014
Series: Country Report No. 14/297 click for more

Press Release: Statement at the Conclusion of an IMF Mission to Antigua and Barbuda

September 3, 2014

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Regional Economic Outlook: Western Hemisphere

image from the publication cover

Growth in Latin America and the Caribbean (LAC) has slowed down more than anticipated, as weak dynamics in South America have outweighed an incipient recovery in Mexico. Lower-than-expected external demand and softer terms of trade explain some of the weakness, but domestic supply-side bottlenecks and policy uncertainties have also weighed on confidence and private demand in several economies. Notwithstanding the projected pick-up in activity over the period ahead, growth is projected to be as low as 1.3 percent in 2014 and 2.2 percent in 2015. Spare capacity remains limited, however, underscoring the urgency of supply-side reforms to boost productivity and potential growth. Monetary policy and exchange rate flexibility should continue to serve as the first line of defense against adverse shocks, while a looser fiscal stance is unwarranted in most countries, especially those with weak public finances. Financial sector risks bear close monitoring, as the confluence of lower growth, rising U.S. interest rates, and geopolitical tensions could pose a considerable challenge. Click for more

Regional Resident Representative Office in Eastern Caribbean Currency Union (ECCU)

Wayne Mitchell
Regional Resident Representative
Antigua
TEL: +1-268-562-8189
FAX: +1-268-562-8192
Email: Amitchell2@imf.org