Eccb Disburses $1 Million Grant Each To Grenada And Saint Vincent And The Grenadines For Relief Efforts Post-Hurricane Beryl
The Monetary Council of the Eastern Caribbean Central Bank (ECCB), acting on the recommendation of the ECCB Board of Directors, has disbursed grant funding, in the sum of EC$1.0m each, to Grenada and Saint Vincent and the Grenadines.
The grant will support the ECCU countries’ critical relief efforts following the destructive passage of Hurricane Beryl.
On 01 July 2024, Beryl, a Category 4 hurricane, bordering on Category 5 with its sustained winds of 150 mph, severely damaged Grenada and her sister isles of Carriacou and Petite Martinique along with neighbouring Saint Vincent and the Grenadines and her sister isles including Union Island and Mayreau, leaving a trail of death and devastation.
As supervisor and regulator of the financial system in the Eastern Caribbean Currency Union (ECCU), the ECCB stands in strong solidarity and empathy with our affected member countries and remain ready to support them in every possible way.
To that end, we have provided guidance to our licensees (banks) as they work with affected customers.
ECCB Governor Timothy N.J. Antoine remarked: “The pain being experienced by Grenada and St. Vincent and the Grenadines is deep, and the situation is heart-wrenching. However, we are comforted in knowing that our resilience as a people is time-tested and strong. We also know that, with the help of our God and our collective hard work, we shall rebuild stronger.”
ECCB Member Governments
Anguilla | Montserrat |
Antigua and Barbuda | Saint Christopher (St Kitts) and Nevis |
The Commonwealth of Dominica | Saint Lucia |
Grenada | Saint Vincent and the Grenadines |
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Shame on our banking institution for giving a measley on million dollars ECD as hurricane payout to Grenada and st Vincent, we don’t love our people, and we want billions pay out from white financial institution for climate crisis that we caused, we give white foreign investor the right to destroy mangroves etc. we dump appliances and electronics under the pretext they are no good as though we possess the scientific and engineering capacity to determine that, once things come to the Caribbean they are burn at the dump because of no recycling policy’s, the same Caribbean financial institution would a do better for a white business.
Shame on our banking institution for giving a measley one million dollars ECD as hurricane payout to Grenada and st Vincent, we don’t love our people, and we want billions pay out from white financial institution for climate crisis that we caused, we give white foreign investor the right to destroy mangroves etc. we dump appliances and electronics under the pretext they are no good as though we possess the scientific and engineering capacity to determine that, once things come to the Caribbean they are burn at the dump because of no recycling policy’s, the same Caribbean financial institution would a do better for a white business.
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