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The executive board of the International Monetary Fund (IMF) says the member countries of the Eastern Caribbean Currency Union (ECCU) have achieved a strong rebound from successive adverse shocks.
The ECCU groups together the islands of Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines
The IMF has said that the ECCU has provided a strong anchor for macroeconomic stability and that in 2024, strong tourism performance and continued infrastructure investments have supported robust growth of 3.9 per cent, and inflation moderated to below two per cent in tune with global trends.
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