Eastern Caribbean Central Bank 2024-2025 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2024 - 2025

Environmental, Social and Corporate Governance

Governor Antoine (middle) with members of the Monetary Council at the 110 th meeting held at ECCB Headquarters, 14 February 2025. L-R: Hon Camillo Gonsalves, Saint Vincent and the Grenadines; Hon Gaston Browne, Antigua and Barbuda; Hon Dr Irving McIntrye, Commonwealth of Dominica; Hon Dr Ellis Webster, Anguilla (then Chairman); Hon Dennis Cornwall, Grenada; Hon Reuben Meade, Montserrat; Hon Dr Terrance Drew, Saint Christopher and Nevis; and Hon Philip J Pierre, Saint Lucia

of monetary and credit policy to the Bank and for such other purposes as are prescribed under this Agreement.” Monetary Council Meetings are held on a calendar year basis. The ECCB Monetary Council Rules further clarify the location for meetings: ; February: At the principal office of the Eastern Caribbean Central Bank, Bird Rock, Basseterre, St Kitts; ; July: In the country of the Participating Government whose representative is due to assume chairmanship of the Council; ; October: Via videoconference or other approved medium from the Bank’s Headquarters in St Kitts and Nevis to the offices of the respective Council Members or Alternate members.

to the office of Premier and Minister for Finance, Government of Anguilla.

By virtue of holding the portfolio of the Minister with responsibility for Finance, and in keeping with the Articles of the ECCB Agreement Act, Honourable Meade and Honourable Richardson-Hodge were each appointed as the Monetary Council Member for their respective member countries.

Meetings of the Monetary Council Statutory Meeting Dates

Article 7 (2) of the ECCB Agreement states, “The Council shall meet not less than twice each [calendar] year to receive from the Governor the Bank’s report on monetary and credit conditions and to provide directives and guidelines on matters

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