ECCB 2025-2026 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2025 - 2026

Organisational Effectiveness and Development specific economic developments to better inform estimates and forecasts, and strengthened collaboration with national statistical offices and other stakeholders. Additionally, the missions supported capacity building through hands-on training and facilitated a more timely resolution of data gaps and discrepancies. All member countries have transitioned to the 2018 base year for GDP compilation, with the exception of two countries, marking an important step toward improving the relevance and accuracy of national accounts estimates across the ECCU.

Jamaica. In addition, the Bank delivered targeted engagements with media and key stakeholders to improve the accessibility and understanding of economic policy issues, including monetary policy and the “Orange Economy”. These efforts included sessions with media personnel in the Commonwealth of Dominica during the World Creole and Music Festival, as well as targeted presentations on regional monetary policy aimed at strengthening the quality of economic reporting. With respect to Monetary and Financial Statistics (MFS), the Bank prioritised strengthening staff capacity through active participation in regional and international workshops, webinars, and seminars. The Bank strengthened collaboration with stakeholders to improve monetary and financial statistics and continued publishing selected data on individual ECCU commercial banks, enabling users to compare institutional performance against national and regional performance. Capacity Building and Knowledge Sharing The ECCB hosted a workshop on “Fuel Pricing”, facilitated by the IMF from 16 to 17 March 2026. The need for the workshop emanated from a pilot project undertaken by the IMF in two countries - Antigua and Barbuda and Grenada. The overall intention is to assist ECCB member countries in building capacity to strengthen their fuel pricing frameworks. At the workshop, which was attended by representatives from all eight ECCB member countries, the IMF team presented the preliminary findings from the pilot, along with a number of recommendations to enhance transparency and sustainability of fuel pricing in the region. Targeting technical staff from the Ministries of Finance and other relevant agencies, the sessions built capacity in areas such as fuel subsidy

Policy Advisory, Research and Outreach The Bank expanded its policy advisory and research functions. This included contributions to the “Big Push” Agenda, in collaboration with regional and international partners, and the preparation of analytical work to inform the 2026-2031 Strategic Plan. Additional policy research covered areas such as luxury cruise tourism, Citizenship-by Investment (CBI) programmes, financial inclusion, and the finance-growth nexus. Key papers included 10 in 30: Stylised Facts on Economic Growth in the ECCU. The Bank also strengthened its engagement with member governments through technical engagements with member governments, including contributions to Medium-Term Economic and Fiscal Frameworks for Anguilla, as well as ongoing analysis of debt sustainability, growth challenges, and the feasibility of Sovereign Wealth Funds. Professional outreach and public engagement were also enhanced. The Bank participated in major regional and international fora, including the 56 th Annual Monetary Studies Conference, the OECS Global Investment Summit in Saint Lucia, and the West Indies Economic Conference (WECON) in

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