Eastern Caribbean Central Bank 2024-2025 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2024 - 2025

Areas of Focus 2025-2026

be completed by the end of 2025.

of the award-winning programme. Additionally, efforts will be made to boost the Bank’s presence on Social Media through the use of analytical tools and additional features on the various platforms. Governance and Meetings Management The Bank will continue to support the logistical arrangements for Monetary Council, Board, networking and consultative meetings with external stakeholders. Preparations are at an advanced stage for the hosting of the Bank’s 108 th Monetary Council Meeting in Antigua and Barbuda, where Prime Minister Gaston Browne will assume the Chairmanship of the Council for the period July 2025 – July 2026. The Bank will institutionalise a Corporate Governance Framework, including the preparation of a Board of Directors Governance Manual and the implementation of Board Evaluations.

Financial Literacy and Inclusion Strategy Financial inclusion refers to equal access by individuals and businesses to useful and affordable financial products and services— including savings, credit, insurance, and payment systems —delivered in a responsible and sustainable way. For the ECCU, financial inclusion is particularly important for bolstering economic resilience, reducing poverty, and enhancing the financial well-being of its people and businesses. Expanding access to financial services, empowers vulnerable groups, stimulates entrepreneurship, and improves overall economic participation within the region. The ECCB, recognising the critical role of financial inclusion in fostering economic stability andgrowth, has prioritised the development of a regional Financial Literacy and Inclusion Strategy for 2025. The process is being coordinated by the ECCB, with the support of UNCDF and national focal points appointed by the member governments. The goal is to create a comprehensive and actionable strategy that addresses the region’s unique challenges; sets clear objectives and targets; and outlines steps for implementation, monitoring and communication. Through collaborative consultations with national focal points and other stakeholders, the ECCB intends to craft a strategy that not only identifies gaps but also offers practical solutions to promote greater inclusion across all member states of the ECCU. Public Education and Communication The Bank aims to complete the refurbishing of the ECCB Connects Studio to facilitate the production

Strategic Plan Development and Implementation

The development of the Bank’s Strategic Plan for the five-year period, 2026/2027 to 2031/2032, will be included in the Bank’s top priorities. The launch is scheduled for April 2026.

Digital and Data Transformation Financial Reporting and Compliance

In the financial year 2025/2026, the Bank will continuetoprovidetrainingandtechnicalassistance to financial institutions in the classification of financial accounts, as well as in the requisite protocols for submission of data through its SAS

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