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STATEMENT BY HON. JOSEPH E. FARRELL - PREMIER & INCOMING CHAIRMAN OF THE MONETARY COUNCIL

STATEMENT BY HON. JOSEPH E. FARRELL - PREMIER & INCOMING CHAIRMAN OF THE MONETARY COUNCIL
gov.ms - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.ms Daily Mail and Mail on Sunday newspapers.

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Tabaski 2021 à Bobo-Dioulasso : Les fidèles musulmans ont prié pour la paix et la stabilité au Burkina

Tabaski 2021 à Bobo-Dioulasso : Les fidèles musulmans ont prié pour la paix et la stabilité au Burkina
lefaso.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lefaso.net Daily Mail and Mail on Sunday newspapers.

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Striving to Fashion a More Informed Eastern Caribbean Citizen - St. Lucia News From The Voice

Striving to Fashion a More Informed Eastern Caribbean Citizen
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Getting insights towards recovery, resilience and socio-economic transformation is something you can do easily, thanks to Eastern Caribbean Central Bank Blog.
“Of note, ECCU Governments contracted an additional $1 billion of debt in 2020. Much of this debt helped to plug the massive financing gaps occasioned by the pandemic. It ought to be recalled that government revenues plummeted by as much as 50 per cent in some countries.”
We learn there too that:
Fiscal buffers are an essential part of the resilience toolkit of Caribbean countries.
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Vulnerability must be explicitly considered by the international financial institutions if they are to craft timely and effective responses to the needs of Caribbean economies. ....

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Bitt breaks new ground with digital currency transaction

Bitt breaks new ground with digital currency transaction
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February 25, 2021
International financial technology firm Bitt has executed its first successful retail central bank digital currency (CBDC) consumer-to-merchant transaction using DCash, in partnership with the Eastern Caribbean Central Bank (ECCB).
DCash is the newly developed ECCB digital currency. The transaction was completed at Geo F. Huggins’ Foodland, in the island of Grenada on Friday, February 12, 2021, as part of the digital cash infrastructure project.
Commenting on this achievement, Governor of the ECCB Timothy Antoine said “this transaction is a major milestone in our mission to place DCash in the hands of the people of the Eastern Caribbean Currency Union (ECCU)”. ....

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St. Martin News Network - ECCB Signals Approval of RBC Sale.

Published: 19 February 2021
Saint Kitts and Nevis: - : Governor Timothy Antoine of the Eastern Caribbean Central Bank (ECCB) has confirmed that his organization will be approving the sale of Royal Bank of Canada (RBC) operations in several territories in the Eastern Caribbean. The RBC assets will be sold to a consortium of indigenous banks within the Eastern Caribbean Currency Union (ECCU) jurisdiction, viz. 1st National Bank (St. Lucia), Antigua Commercial Bank, National Bank of Dominica, Bank of Montserrat, and Bank of Nevis. The sale includes operations in Antigua and Barbuda, the Commonwealth of Dominica, Grenada, Montserrat, Saint Lucia, St. Kitts, and Nevis, and St. Vincent and the Grenadines. ....

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