BASSETERRE, ST. Kitts, Dec 23, CMC – The St. Kitts-based Eastern Caribbean Central Bank (ECCB), says it will push ahead in the new ear for the establishment of a regional regulator for Citizenship by Investment Programme (CBI) and is currently projecting growth in the sub region to be between four and five per cent.
“We are grateful that our EC dollar remains strong with a current backing of 98.3 per cent backed by growing reserves. backed by growing reserves,” ECCB Governor, Timothy N.J. Antoine, said in his Christmas message.
“The pace of economic activity has quickened powered by Tourism and some improvement in air connectivity. Inflation has fallen from its peak two years ago but we know only too well that prices are sticky downwards”
Antoine said the pace of economic activity has quickened powered by tourism and some improvement in air connectivity.
(Details in Business section)
CMC/2024