The Ministry of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs is cognizant of the precautionary measures necessary to mitigate the spread of the Coronavirus (COVID-19).  In order to protect staff, clients, other stakeholders and the general public, it is advised that persons limit their visits to the Ministry. Effective immediately, the Ministry’s offices […]

The Bankers Association of Saint Lucia has been monitoring the global and regional developments as it relates to the novel Corona Virus (COVID-19) and we continue to do so with heightened awareness following the announcement of Saint Lucia’s first COVID-19 case on Friday March 13th, 2020. We wish to reassure customers that all our Members […]

ECCB Governor Timothy Antoine has described the implementation of digital currency within the Eastern Caribbean as a step toward improve the ease of commercial exchange, while reducing the need for physical currency. In February The Eastern Caribbean Central Bank (ECCB) and  Barbados-based fintech company, Bitt Inc. (Bitt) came into a contractual agreement on launching a […]

The ECCB has taken a turn towards environmentally friendly commercial activity through the issuance of a new suite of polymer notes. At present currency in circulation throughout the Eastern Caribbean is printed on paper, with notes which have reached their maximum period of use disposed of through incineration. According to Resident Representative of the Eastern […]

Prime Minister Allen Chastanet has outlined a six pronged approach to Medium term Development to be implemented throughout the 2019 -2022 period. Mr. Chastanet outlined the developmental policy in the delivery of the budget address for the financial year 2019/2020 entitled, “ Growth, by Empowerment for a Better Future”, presented yesterday. According to the Prime […]

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