Montserrat's Premier to Hand Over Chairmanship of the ECCB Monetary Council to St Lucia's Prime Minister
Come July 22, Premier and minister for finance and Council member for Montserrat, the Honourable Joseph Farrell will be handing over the Chairmanship of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) to prime minister and Council member for for St Lucia Phillip J. Pierre.
This will take place during the official Handing Over Ceremony at the Golden Grove Ball Room, Harbour Club Hotel, Gros Islet, Saint Lucia.
Chairmanship of the Council is rotated alphabetically each year among the eight ECCB member countries: Anguilla, Antigua and Barbuda, The Commonwealth of Dominica, Grenada, Montserrat,
Saint Christopher (St Kitts) and Nevis, Saint Lucia and Saint Vincent and the Grenadines.
Following the Handing Over Ceremony, the Council will convene for its 102nd Meeting where it will receive the ECCB Governor’s Report on Money, Credit and Financial Conditions in the Eastern Caribbean Currency Union.
The Monetary Council is the highest decision-making authority of the ECCB and comprises the eight finance ministers of the ECCB member governments.
Following the meeting, the new Chairman will host a media conference where he will present the Communiqué, and along with other members of the Council, field questions from the media in Saint Lucia.
The Ceremony will be streamed live on the ECCB Facebook page and YouTube Channel -ECCB Connects