Tags recession


      The Chairman of the Eastern Caribbean Central Bank Monetary Council, Dr the Honourable Ralph Gonsalves, addressed the citizens and residents of the Eastern Caribbean Currency Union (ECCU) via radio and television last evening on matters pertaining to the banking and financial sector. The text version of the […]

STRENGTHENING OUR CURRENCY UNION AND SECURING OUR FUTURE


By Russell Williams Some years ago while walking in Basseterre an elderly lady stopped me and thrust a phone in my hand and asked me to call a number for her, grumbling she said “this is what happens when you get into young people’s tings!”. I was reminded of the […]

“Young People’s Tings!”


Press Release The Executive Board of the International Monetary Fund (IMF) has approved a three-year Stand-By Arrangement (SBA) for an amount equivalent to SDR 52.51 million (about US$84.5 million) with St. Kitts and Nevis. The arrangement will support the authorities’ economic program, coupled with a comprehensive debt restructuring, to restore […]

IMF Executive Board Approves Three-Year US$84.5 Million Stand-By Arrangement with ...



Press Release Basseterre, St Kitts: 1st June 2011 The Government of St Kitts and Nevis announced today that it is to seek the cooperation of its creditors in the restructuring of its public debt stock, which is approximately US$1 billion. This exercise will address the severe payment challenges associated with […]

ST KITTS AND NEVIS TO SEEK THE SUPPORT OF ITS ...