The Executive Board of the International Monetary Fund says the member countries of the Eastern Caribbean Currency Union (ECCU) have achieved a strong rebound from successive adverse shocks.
The ECCU groups together the islands of Anguilla, Antiga and Barbuda, Dominica, Grenada, Montserrat, St. Kitts-Nevis, St. Lucia and St. Vincent and the Grenadines.
The IMF says the ECCU has provided a strong anchor for macroeconomic stability and that in 2024, strong tourism performance and continued infrastructure investments have supported robust growth of 3.9% and inflation moderated to below 2% in tune with global trends.
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