ECCB Governor Sir Dwight Venner hails SKN Economic economic performance at National Consultation

October 02, 2014 in National

DwightVenner-1Governor of the ECCB for Sir Dwight K Venner, speaking at the National Consultation on the Economy on Thursday morning at the Marriott Hotel, hailed the performance of the economy since 2013 as being very encouraging. Sir Venner indicated that in spite of the ongoing global economic crisis; the performance of the St. Kitts-Nevis economy continues β€œto be the one bright spot among ECCU countries.”

Sir Dwight credited the performance to a robust and effective implementation program conceived by the Government St. Kitts- Nevis, within the guidelines of the 8 point stabilization and growth plan, assisted by the International Monetary Fund (IMF) with financing and monitoring.

The ECCB governor said that this was indicative of what was possible if the conduct of our policies are carried out with a broad macro economic framework that addresses the social safety nets and growth stimulus that will defend those who are least capable of defending themselves and offer more employment for the dispossessed.

Sir Venner went on to further develop the first 5 areas of the 8 point plan which he said were successfully implemented in St. Kitts-Nevis.

– Financial programming
– Fiscal reform
– Debt management
– Public sector investment programming
– Social safety nets