Hurricanes Irma and Maria interrupted and reversed the pace of growth of the Eastern Caribbean Currency Union (ECCU).
That’s the word from Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine.
In his 2017 Christmas Message, Antoine disclosed that this year, the ECCB made significant strides of which ‘we can be justifiably proud’.
He said these included a return to profitability and the launch of the bank’s strategic plan.
According to the ECCB official, until September, the ECCU was on pace to record its fastest growth in a decade.
Antoine noted that five member countries were impacted with three receiving direct hits.
‘As people of faith, we are fortified in the knowledge that God is with us even in times of devastation and despair. He is with us in our bright days and dark days, our good times and bad times, our highs and lows,’ Antoine stated.