IMF Resident Representative Office in Eastern Caribbean Currency Union (ECCU)
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- IMF Resident Representative Office in Eastern Caribbean Currency Union (ECCU)
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At a Glance
- Antigua and Barbuda joined the Fund in February 25, 1982. The IMF Executive Board completed the Second and Third Review under the Stand-by arrangement on March 30, 2011
- Dominica joined the Fund on December 12, 1978
- Grenada joined the Fund on August 27, 1975.
- St. Kitts and Nevis joined the Fund on August 15, 1984
- St. Lucia joined the Fund on November 15, 1979. The IMF Executive Board approved US$8 million in Emergency Assistance for St. Lucia on January 12, 2011
- St. Vincent and the Grenadines joined the Fund on December 28, 1979. IMF Executive Board Approves US$3.26 Million Disbursement Under Rapid Credit Facility on February 28, 2011
- Anguilla and Montserrat are UK territories. Since 2009, the IMF includes the two territories in its regional policy consultation discussion. In addition, in 2011 the IMF staff will have bilateral discussions with Anguilla and Montserrat.
- Eastern Caribbean Currency Union. As in the case of the other three monetary unions in the world, since 2002 the IMF holds formal regional consultations with the ECCU.
Scope of IMF engagement in the ECCU
- The IMF Resident Representative Office in Eastern Caribbean Currency Union (ECCU) 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.
- Institutional partnerships and useful contacts listed include: Eastern Caribbean Central Bank; Organization for Eastern Caribbean States; Caribbean Community; CARTAC; Economic Commission for Latin America and the Caribbean.
Publications and knowledge products
- Caribbean Corner Newsletter: January 2018; March 2017; October 2016; Past Issues.
- Books:
- Caribbean Renewal: Tackling Fiscal and Debt Challenges (2014).
- The Eastern Caribbean Economic and Monetary Union: Macroeconomics and Financial Systems (2013).
- The Caribbean: Enhancing Economic Integration, Bauer, Andreas; Cashin, Paul; and Panth, Sanjaya (2008).
- The Caribbean: From Vulnerability to Sustained Growth, Sahay, Ratna; Robinson, David O.; and Cashin, Paul (2006).
- Working Papers:
- "Assessing Exchange Rate Competitiveness in the Eastern Caribbean Currency Union," Pineda, Emilio; Cashin, Paul; and Sun, Yan (2009).
- "Optimal Reserves in the Eastern Caribbean Currency Union," Dehesa, Mario; Pineda, Emilio; and Samuel, Wendell (2009).
- "Ponzi Schemes in the Caribbean," Carvajal, Ana; Monroe, Hunter; Pattillo, Catherine; and Wynter, Brian (2009).
- Conferences and events:
- 2015 High Level Caribbean Forum.
- 2014 High Level Caribbean Forum.
- 2013 High Level Caribbean Forum.
- Options for the Caribbean After the Global Financial Crisis.
Country-level engagement
- Country pages and coverage include: Antigua and Barbuda; Dominica; Grenada; St. Kitts and Nevis; St. Lucia; St. Vincent and the Grenadines.
Topical factsheets and thematic coverage
- Topical factsheets listed include: PSI; Surveillance; Technical Assistance; How the IMF helps the poor countries; The IMF and the MDGs; More Factsheets.
Regional economic outlook and short assessment (IMF)
- Regional Economic Outlook, April 17, 2026:
- "The Western Hemisphere entered 2026 in sound footing: growth was close to potential, output gaps had mostly closed, and inflation was at, or converging toward, target in most countries."
- "However, the outbreak of the war in the Middle East will have effects in the region, albeit unequal among countries."
IMF's Work on the Eastern Caribbean Currency Union
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References