Search Results

You are looking at 1 - 10 of 30 items for :

  • "OECS-Education Development Project" x
Clear All
International Monetary Fund

disaster vulnerability reduction and mitigating the poverty and social impacts of the global economic crisis are also planned. Financial Relations (In millions of U.S. dollars) Operations Original Principal Disbursed 1/ Undisbursed 1/ OECS-Telecom. and ICT Development Project (DMA, GRD, LCA, KNA, VCT) 2.70 1.36 1.52 OECS-HIV/AIDS Prevention and Control (GRD, LCA, KNA, VCT) 20.72 13.15 10.18 OECS-Education Development Project (GRD, KNA, VCT) 18.94 12.04 8

International Monetary Fund

Regional Integration project that will modernize the public sector. Other operations are also planned for the environmental, utilities, and infrastructure sectors. Financial Relations (In millions of US dollars) Operations Original Principal Disbursed ** Undisbursed ** OECS-Telecom. and ICT Development Project (DMA, GRD, LCA, KNA, VCT) * 2.70 0.84 2.07 OECS-HIV/AIDS Prevention and Control (GRD, LCA, KNA, VCT) 20.45 2.37 14.3 OECS-Education Development Project (GRD, KNA, VCT) 19.20 8.43 11.74 OECS

International Monetary Fund
Over the last decade, the Eastern Caribbean Currency Union (ECCU) macroeconomic performance has deteriorated relative to the rest of the Caribbean. Tourism accounts for three-fifths of exports, and the import content of consumption and investment is high. The ECCB-operated quasi-currency board arrangement (CBA) has continued to deliver price and exchange rate stability. The region has strong social indicators, but poverty, health, and crime remain concerns. Despite the implementation of ambitious revenue reforms, limited progress has been made toward fiscal consolidation. Credit has continued to expand rapidly.
International Monetary Fund
The Eastern Caribbean Currency Union (ECCU) countries financial system has increasingly come under stress particularly through weakly supervised nonbank and offshore financial sectors with knock-on effects to domestic banks. The staff report focuses on ECCU’s 2009 discussion on common policies of member countries on economic development and policies. In response, ECCU authorities have accelerated the establishment of national Single Regulatory Units and the passage of harmonized legislation to strengthen then regulation and supervision of nonbanks and offshore institutions.
International Monetary Fund
International Monetary Fund
International Monetary Fund

The Eastern Caribbean Currency Union (ECCU) countries financial system has increasingly come under stress particularly through weakly supervised nonbank and offshore financial sectors with knock-on effects to domestic banks. The staff report focuses on ECCU’s 2009 discussion on common policies of member countries on economic development and policies. In response, ECCU authorities have accelerated the establishment of national Single Regulatory Units and the passage of harmonized legislation to strengthen then regulation and supervision of nonbanks and offshore institutions.

International Monetary Fund

Over the last decade, the Eastern Caribbean Currency Union (ECCU) macroeconomic performance has deteriorated relative to the rest of the Caribbean. Tourism accounts for three-fifths of exports, and the import content of consumption and investment is high. The ECCB-operated quasi-currency board arrangement (CBA) has continued to deliver price and exchange rate stability. The region has strong social indicators, but poverty, health, and crime remain concerns. Despite the implementation of ambitious revenue reforms, limited progress has been made toward fiscal consolidation. Credit has continued to expand rapidly.

International Monetary Fund

Over the last decade, the Eastern Caribbean Currency Union (ECCU) macroeconomic performance has deteriorated relative to the rest of the Caribbean. Tourism accounts for three-fifths of exports, and the import content of consumption and investment is high. The ECCB-operated quasi-currency board arrangement (CBA) has continued to deliver price and exchange rate stability. The region has strong social indicators, but poverty, health, and crime remain concerns. Despite the implementation of ambitious revenue reforms, limited progress has been made toward fiscal consolidation. Credit has continued to expand rapidly.

International Monetary Fund

The Eastern Caribbean Currency Union (ECCU) countries financial system has increasingly come under stress particularly through weakly supervised nonbank and offshore financial sectors with knock-on effects to domestic banks. The staff report focuses on ECCU’s 2009 discussion on common policies of member countries on economic development and policies. In response, ECCU authorities have accelerated the establishment of national Single Regulatory Units and the passage of harmonized legislation to strengthen then regulation and supervision of nonbanks and offshore institutions.