Eastern Caribbean Currency Union (ECCU) Fiscal Targets

Members of the Monetary Council, at its 69th meeting on 11 February 2011, presented their respective government's annual fiscal targets for the Debt to GDP and the Primary Balance to GDP ratios. These targets are being established as a component of the ECCU Eight Point Stabilisation plan. The Eight Point Stabilisation Plan is a comprehensive action plan with the stabilisation and transformation of the member countries as its main objective. It is a collective response to the negative impacts of the financial crisis.