Author: East Caribbean Currency AuthorityPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 28
Book Description
East Caribbean Currency Authority
Author: East Caribbean Currency AuthorityPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 28
Book Description
Annual Report and Statement of Accounts
Author: East Caribbean Currency AuthorityPublisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 32
Book Description
Economic and Financial Review
Author: East Caribbean Currency Authority. Research DepartmentPublisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 96
Book Description
Annual Report and Statement of Accounts for the Year Ended ...
Author: East Caribbean Currency AuthorityPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 336
Book Description
East Caribbean Currency Agreement (1965).
Author: Money and Banking in the East Caribbean Currency Area
Author: A. Wendell A. McCleanPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 102
Book Description
Eastern Caribbean Currency Union
Author: International Monetary Fund. Western Hemisphere Dept.Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 27
Book Description
Eastern Caribbean Currency Union: Selected Issues
Eastern Caribbean Currency Union: 2021 Discussion on Common Policies of Member Countries-Press Release; Staff Report; and Statement by the Executive Director for the Eastern Caribbean Currency Union
Author: International MonetaryPublisher: International Monetary Fund
ISBN: 151357292X
Category : Business & Economics
Languages : en
Pages : 84
Book Description
The fallout from the COVID-19 crisis is hitting ECCU economies hard. Tourism receipts (accounting for nearly 40 percent of GDP) have dried up, as tourist arrivals have come to a grinding halt. The authorities successfully contained the spread of the virus at the onset of the pandemic by largely closing the borders, but a reopening of the economies since the summer has led to a surge in COVID cases. The ECCU economy is projected to contract by 16 percent in 2020 and by a further near 1⁄2 percent in 2021. Fiscal positions have deteriorated sharply, and public debt is projected to reach near 90 percent of GDP in 2021 and remain at an elevated level for years to come. Headline indicators suggest the financial system is relatively sound with ample liquidity buffers, but nonperforming loans are expected to rise significantly. The outlook is clouded by exceptionally high risks, including from the uncertainty concerning the evolution of the pandemic.
Eastern Caribbean Currency Union
Author: International Monetary Fund. Western Hemisphere Dept.Publisher: International Monetary Fund
ISBN: 1475546378
Category : Business & Economics
Languages : en
Pages : 119
Book Description
The regional recovery is gaining ground, supported by continued low oil prices, the return to pre-2007 levels of tourism arrivals, and buoyant citizenship-by-investment receipts. Three failed banks have been resolved with no spillovers to the rest of the region and authorities have demonstrated improved fiscal management. Risks in the short run appear to be balanced but the region still faces many vulnerabilities that jeopardize the medium-term outlook. This year’s discussions took stock of the progress made and the policies needed to address key vulnerabilities related to the weak banking system, high debt, susceptibility to natural disasters, and competitiveness.
Eastern Caribbean Currency Union
Author: International Monetary Fund. Western Hemisphere Dept.Publisher: International Monetary Fund
ISBN: 1498300065
Category : Business & Economics
Languages : en
Pages : 82
Book Description
This 2018 discussion on common policies of the Eastern Caribbean Currency Union (ECCU) highlights that the member countries are gradually recovering following the catastrophic impact of Hurricanes Irma and Maria in 2017. Conditions remain favorable to growth, however, risks are increasing. The fiscal balance for the region as a whole worsened in 2017, reflecting lower inflows from citizenship-by-investment programs and higher reconstruction and current spending. The IMF team made several policy recommendations including shifting focus from the current emphasis on recovery from natural disasters to building ex-ante resilience. The report also recommends intensifying decisive and timely actions to resolve weaknesses in the financial sector, including longstanding problems in the banking sector and emerging risks in the non-banking sector. The authorities expressed commitment to the acceleration of key reforms to upgrade and strengthen the financial sector regional oversight framework. In addition to fiscal consolidation, injecting new vigor into the structural policy agenda will help enhance competitiveness and make growth more inclusive.