Prime Minister the Hon. Gaston Browne is this weekend in Saint Christopher (St. Kitts) and Nevis for the One Hundred and Fourth (104th) Meeting of the Monetary Council of the Eastern Caribbean Central Bank and a U.S. – Caribbean Citizenship by Investment Roundtable.
Prime Minister Browne stated that high on the agenda was the state of the monetary, financial and credit conditions in the Eastern Caribbean Currency Union (ECCU) and noted that the financial system stability which was brought forward from 2021 continued in 2022.
He also pointed out that the meeting concluded that the banking system across the Union remained in a ‘stable condition with ample levels of liquidity and strong levels of capital.’
The Meeting also commended Antigua and Barbuda and Grenada for having passed all of the critical legislation required for uniform financial legislation within the ECCU.
Prime Minister Browne also pointed out that the meeting addressed the BAICO and CLICO issues and the grouping received an update from the BAICO Judicial Manager to deliver an additional payout to BAICO policyholders.
It was also stated that there are efforts to secure funds from the Government of Barbados to make a payment to CLICO policyholders.
Prime Minister Browne also commended Antigua and Barbuda’s Dr. Vincent Richards who was appointed as the new Deputy Chairman of the Eastern Caribbean Securities Regulatory Commission ECSRC.
Newly appointed Financial Secretary, Rasona Davis Crump accompanied Prime Minister Browne to the Council Meeting.
The next meeting will be held in Saint Vincent and the Grenadines on July 21 under the Chairmanship of the Hon. Camillo Gonsalves, Minister for Finance of Saint Vincent and the Grenadines.
On Saturday 25th February, Prime Minister Browne will participate in a U.S. Caribbean Citizenship by Investment Roundtable with the United States Department of the Treasury.
Prime Minister Browne, who is accompanied by CEO of the country’s Citizenship by Investment Unit, Charmaine Donovan, said that the purpose of the meeting is to address ways to strengthen risk mitigation in CBI programmes and collaborating with the United States to combat illicit financing.
During the Roundtable, Antigua and Barbuda will highlight typologies training sessions for local agents as one of the Unit’s best practice.
Prime Minister Browne returns to Antigua and Barbuda on Saturday evening.
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These monetary get-together’s are always dressed up as so important, but are they really? Nothing concrete seems to happen or benefit Antigua or the Caribbean region as a whole. Tarl!
Are these just glorified talking shops?
And look dey again, Gaston ah dance abroad again …
DOESN’T HE LIKE SOLVING PROBLEMS AT HOME?
Notes From A Native Son Of The Rock! “The unpreparedness of the educated classes, the lack of practical links between them and the mass of the people, their laziness, and, let it be said, their cowardice at the decisive moment of the struggle will give rise to tragic mishaps.” ― Frantz Fanon, The Wretched of the Earth!
Clearly, no one can function properly as a critic, journalist, scientist or humanist if he or she does not adequately locate the data and resultant information in time and space! What National and Regional Damage have been wrought in Cyberspace! ! “Where ignorance is bliss, ’tis folly to be wise.” – Thomas Gray: Ode on a Distant Prospect of Eton College! Don’t get it twisted, Gray was not condoning or promoting the ignorance of his contemporaries, betters, peers or “deplorables” but is reflecting with fond memories on a time when everyone in their youth was allowed to be ignorant! Seems like some wiseacres haven’t got past youthful exuberance!
The Participants deserve every encouragement for their Success in building Solid Institutions and National Development and Growth! What so many “Nattering Nabobs of Negativism” have missed is that they have successfully kept their names out of the FATF’s mouth! Go visit The Bahamas, Barbados, Haiti and Jamaica! “We have to work at decolonizing our mentality and achieving happiness within the limits of sacrifice we should be willing to make. We have to recondition our people to accept themselves as they are, to not be ashamed of their real situation, to be satisfied with it, to glory in it, even.” – Capitaine Thomas Isidore Noël Sankara, President Burkina Faso, Assassinated 1987!
Why, in this the International Decade for People of African Descent 2015- 2024, do some people of African descent, with no misgivings and with great pride, revel in the role of agent provocateurs! Is this a lucrative role! Is this a function as small island racketeer! Is this narrow-mindedness and lack of ambition symptomatic of their incapacity to fulfill their historic role as builders of solid Indigenous Businesses and a Caribbean Civilization! Why is the dynamic, pioneering aspect, the inventive, and entrepreneurial spirit and acumen common to progressive national builders lamentably absent!
“For me words have a charge. I find myself incapable of escaping the bite of a word, the vertigo of a question-mark, we must turn over a new leaf, we must work out new concepts, and try to set afoot a new man.” ― Frantz Fanon!
Wonder if any kind ablp person could give the PM a tie so he could dress appropriately, as the occasion dictates, when representing us.
Notes Of A Native Son Of The Rock! “Emancipate yourselves from mental slavery.
None but ourselves can free our minds.” – Robert (Bob) Nesta Marley died at age 36?
Of Human Bondage! Visit The Barracoon on Lower Nevis Street!
“We have to work at decolonizing our mentality and achieving happiness within the limits of sacrifice we should be willing to make. We have to recondition our people to accept themselves as they are, to not be ashamed of their real situation, to be satisfied with it, to glory in it, even.” – Capitaine Thomas Isidore Noël Sankara, President Burkina Faso, Assassinated 1987 at age 37!
Thought I was the only person that felt that way. No DECORUM OF PROTOCOL whatsoever!!
The PM wears a tie for white and foreign people & photo abroad from the region. He could get a Caribbean shirt jack but that looks too clean and straight. Among his Caribbean colleagues he takes the role of gangsta!
Notes From A Native Son Of The Rock! “Prime Minister Browne also commended Antigua and Barbuda’s Dr. Vincent Richards who was appointed as the new Deputy Chairman of the Eastern Caribbean Securities Regulatory Commission ECSRC.” ANR-February 25, 2023!
First Congrats to the “Doc.” even though this should have been executed during the UPP Governments’ years in Office! That it took this long for the ABLP to put their stamp of approval on it must be acknowledged and the PM will be given his commendations! Fortunately, The Good Doc is very capable and willing to engage in mentoring, coaching and succession planning! “But let us be clear: what matters is to stop talking about output, and intensification, and the rhythm of work.” – Frantz Fanon, The Wretched of the Earth!
Every youth of African Descent in Antigua should be taught about the “Doc” his humility, journey, academic, intellectual and business accomplishments! JFII is eternally indebted to the Good “Doc” for his wisdom, guidance, teaching, learning, business and development opportunities he has provided in the Americas and the Caribbean!
For decades, this mere voice in the wilderness has been singing the “Doc’s” praises and urging that: he should be appointed to that position at the Eastern Caribbean Securities Regulatory Commission ECSRC; that GoAB purchase the Stanford International Bank Building at VCBIA and get relocation of the ECSRC and A&B’s CIP offices there (sadly after sitting idle “for donkey years” the Syrians purchased the facilities at peppercorn prices, and The People of African Descent, as can be seen throughout the Caribbean, were again locked out of Industry and Business Capital formation); that GoAB enter into a Public Private Partnership (P3) to develop a Factory Outlet Mall complete with a Hotel at Coolidge; that LIAT be transformed as NECA and refocused towards the OECS and North with VCBIA being its only HUB until it was made financially sound, and, that Coolidge be developed as another City using a P3 Business model and engaging the Best Caribbean Urban Planners, Designers and Developers! As Fanon has stated: “Yet it is very true that we need a model, and that we want blueprints and examples!” Embrace The “Doc.” and Seize The Time before “Time driveth onward fast, And in a little while our lips are dumb. Let us alone. What is it that will last?” – Alfred Lord Tennyson, “Hateful Is the Dark-Blue Sky” from the Lotus-eaters!
“Come, then, comrades; it would be as well to decide at once to change our ways. We must shake off the heavy darkness in which we were plunged, and leave it behind. The new day which is already at hand must find us firm, prudent and resolute. We must leave our dreams and abandon our old beliefs and friendships of the time before life began. Let us waste no time in sterile litanies and nauseating mimicry.” Fanon!
A waiting for the announcement of a trip to the USA. Preferably in the Southern Federal District of Florida JURISDICTION.
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