(ZIZ)– The 2013 Economic Growth for the ECCU – the Eastern Caribbean Currency Union is likely to be lower than expected according to the Governor of the ECCB – the Eastern Caribbean Central Bank Sir k. Dwight Venner.
Venner last evening in his annual economic review of the ECCU said that 2013 was a challenging year for the currency union.
He said “our member countries are still grappling with low economic growth, high poverty rates and some frigidity in the financial sector.”
The ECCB Governor said economic and financial developments of the ECCU continue to be shaped by the global economic environment which is still uncertain.
The Governor’s Annual economic review gave a live audience the opportunity to discuss via video conference the challenges and accomplishments of the ECCU and the top priorities for the region over the next three years.