AGP Executive Report
Last update: 2 hours agoECCB Profits: Eastern Caribbean Central Bank Governor Timothy Antoine says the bank recorded EC$121.6 million in profits for the financial year, with the EC dollar’s strength holding steady. Regional Finance & Payments: The ECCB Monetary Council kept savings and discount rates unchanged and reaffirmed the EC dollar’s fixed exchange rate, while also updating progress on instant cross-border payments via CAPSS and a 24/7 fast payment system. Food Security Funding: ECCB approved an extra EC$25 million grant under “The Big Push” to strengthen food and nutrition security across the ECCU. Water Project Update: DOWASCO says the Water Sector Strategic Development Project is nearing completion after the CDB extended the terminal disbursement date to Sept. 30, 2026. CBI Under Pressure: Dominica and other OECS leaders backed a united diplomatic response to the EU’s push to phase out Citizenship by Investment by June 2028, including a planned Brussels mission; the Dominica Freedom Party warned of economic risks. Security Cooperation: The US and CARICOM’s IMPACS signed a biometric data-sharing arrangement aimed at screening travellers, with a focus on CBI-related risks. Local Business & Tourism: Rootz Herbal launched a children’s Caribbean nature and heritage book, and Dominica Poker Run 2026 expands into a two-day marine tourism weekend with a sport fishing tournament. Governance: Dominica’s Council on Ageing will keep pushing for direct legislation to protect seniors’ concerns.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.