Dominica: PM Roosevelt Skerrit meets Timothy NJ Antoine, Governor of Eastern Caribbean Central

Roseau, Dominica: Prime Minister of the Commonwealth of Dominica, Dr Roosevelt Skerrit, met with the Governor of the Eastern Caribbean Central – Timothy NJ Antoine. During the meeting, PM Skerrit was accompanied by the Cabinet members of the country.

The meeting was productive and successful, as well as holds immense importance as the significant aspects related to the economy and finances of the nation were discussed between the Cabinet and the Governor. The discussion also focused on the performance and prospects of the Commonwealth of Dominica and the Eastern Caribbean Currency Union (ECCU).

The update about the recently conducted meeting was shared by the Prime Minister on his official social media account. Through the social media post, Prime Minister Roosevelt Skerrit expressed pleasure and gratitude towards the Governor of the Eastern Caribbean Central Bank for meeting with the Cabinet of Dominica.

The social media post read, “Governor of the Eastern Caribbean Central Bank, Timothy N. J. Antoine, meets with the Cabinet to share information on the performance and prospects of the Eastern Caribbean Currency Union (ECCU) and the Commonwealth of Dominica.”

As per the update, representatives of the Bank are in Dominica from May 8-11 as part of its 2023 Country Outreach Mission.

The Eastern Caribbean Central Bank is the monetary authority, working for the Organisation of Eastern Caribbean States (OECS) members, excepting Guadeloupe and Martinique as well as the British Virgin Islands. The primary responsibility of the Bank is to keep an eye on prices and to maintain financial sector stability. Along with this, it also safeguards the banking system in the Eastern Caribbean Economic & Currency Union.

The Bank is headquartered in St Kitts and was founded in the year 1983. The goal of the Bank is to maintain the stability as well as the integrity of the currency across the sub-region. It also emphasises the baking system to the balanced growth as well as the development of its member states.