ECCB Monetary Council Meeting Outlines Economic Growth And Food Security Initiatives

The 110th ECCB Monetary Council Meeting wrapped up on Friday in St. Kitts and Nevis, with key decisions aimed at strengthening the region’s financial stability. Leaders maintained the minimum savings rate at 2%, upheld strong foreign reserves of $5.5 billion, and projected economic growth between 3.5% and 4.5% for 2025. The Council also approved a $25 million fund to boost food security and addressed concerns over intra-regional travel costs.