Eastern Caribbean Central Bank (ECCB) Governor Timothy N.J. Antoine set out four areas where the Eastern Caribbean Currency Union (ECCU) is seeking closer collaboration with the International Monetary Fund (IMF), citing heightened global economic uncertainty and weaker growth prospects. The priorities were presented during the IMF Western Hemisphere Department Director’s Meeting with Caribbean ministers of finance and central bank governors held alongside the 2025 Spring Meetings in Washington, DC. The proposed collaboration agenda focuses on: improving macroeconomic modelling of shocks to assess impacts on tourism and Citizenship by Investment programmes across the eight-member ECCU; strengthening debt sustainability analyses to better capture climate-related and other shocks affecting member countries; supporting the development of a green finance market in the currency union; and developing data and artificial intelligence strategies, including the use of big data to inform policy decisions.
Eastern Caribbean Central Bank 2025-05-02
Eastern Caribbean Central Bank governor outlines four priority areas for expanded collaboration with the IMF
Eastern Caribbean Central Bank Governor Timothy N.J. Antoine outlined four collaboration priorities with the IMF amid global economic uncertainty. The agenda includes enhancing macroeconomic modelling, strengthening debt sustainability analyses, supporting green finance, and advancing data and AI strategies. These priorities were discussed at the IMF Western Hemisphere Department Director’s Meeting with Caribbean finance ministers and central bank governors.