ECCU’s projected 3.3 percent growth will not meet Big Push expectations

Published on February 16, 2026

The Monetary Council of the Eastern Caribbean Central Bank held its 112th meeting in St. Kitts February 13th to discuss economic prospects for the Eastern Caribbean Currency Union.

The ECCB reported that ECCU growth projected to improve modestly to 3.3 per cent in 2026 is significantly below the 7.0 per cent needed to double regional output, as prescribed by the Big Push.

The ECCB believes a big push is needed to seriously improve the quality of life in the ECCU region.

The Big Push calls for transformation in Food Security, Energy Security, Logistics and Connectivity, Financial Deepening and Inclusion and Human Capital and Productivity.

Next on the Big Push agenda is the upcoming 10th Annual Growth and Resilience Dialogue (22–24 April 2026), under the theme “Big Push: Resilient Leadership in a Dynamic World”.

Meanwhile the Monetary Council has revealed that some member countries are not on track to secure the Debt-GDP ratio of 60% by 2035.

The ECCB reports that the EC dollar remains ‘strong and credible’ with a Backing Radio of 99.5%, well above the statutory minimum of 60% Foreign reserves which currently totals XCD$5.83 billion.