Economic and Financial Review - June 2019

COUNTRY ECONOMISTS UNIT

June 2019 Economic and Financial Review

RESEARCH DEPARTMENT

The Eastern Caribbean Central Bank prepares an Economic and Financial Review for the Eastern Caribbean Currency Union and each individual member territory for the periods ending June and December of each year.

Acting Director Ms Patricia Welsh

Administrative Editor Ms Patricia Welsh Mr Rohan Stowe Contributors Senior Economists Mrs Beverley Labadie Ms Martina Regis (Acting) Economists II Mr Leon Bullen Mr Kevin Woods Economists I Ms Rochelle Harris Mr Peter Abraham Jr Statistics Department

Correspondence regarding the June 2019 Economic and Financial Review should be addressed to:

The Director Research Department Eastern Caribbean Central Bank P O Box 89 BASSETERRE St Kitts

Tel: (869) 465 2537 Fax: (869) 465 5615 Email: rd-sec@eccb-centralbank.org Website: http://www.eccb-centralbank.org/

Senior Administrative Officer Ms Sheena Gonsalves

Cover Design Rochelle Harris Peter Abraham Jr

The June 2019 Economic and Financial Review is a publication of the Eastern Caribbean Central Bank

Photo Credit Anguilla – Karel Forde-Harrigan Antigua and Barbuda – Rochelle Harris Commonwealth of The Commonwealth of Dominica – Waverley Paul Grenada – David Bullen Montserrat – Martin A Parlett St Kitts and Nevis – Calvin Duggins Saint Lucia – Peter Abraham Jr St Vincent and the Grenadines – Rochelle Harris

Eastern Caribbean Central Bank