Chairmanship of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) was transferred to St. Kitts and Nevis’ Prime Minister, Dr. Hon. Timothy Harris, during a virtual Handing over Ceremony, on Friday, July 24th, 2020.
PM Harris, who is also Council Member for St. Kitts and Nevis, succeeded the Outgoing Chairman, Prime Minister and Council Member for Grenada, Dr. the Right Hon. Keith Mitchell.
The Monetary Council is the highest decision making authority of the ECCB and comprises of the eight Ministers for Finance of the ECCB member countries: Anguilla, Antigua and Barbuda, The Commonwealth of Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia and St. Vincent and the Grenadines.
Chairmanship of the Council is rotated among the member countries in alphabetical order on an annual basis.
According to a release from the ECCB, following the virtual Handing Over Ceremony, the Council convened its 96th meeting where it received the Governor’s Report on Money and Credit Conditions in the ECCU. That event was carried live here on VON Radio, 860 AM.