The Eastern Caribbean Central Bank

10/08/2024 | Press release | Distributed by Public on 10/08/2024 08:07

ECCU Accountants General, Budget Directors and Audit Directors Meet To Explore Streng...

The Eastern Caribbean Central Bank (ECCB) brought together Accountants General, Budget Directors and Directors of Audit from across the Eastern Caribbean Currency Union (ECCU) at its Campus in Saint Christopher (St Kitts) and Nevis on 3 October, for the first in-person meeting since the COVID-19 pandemic.

The meeting was guided by the theme: "Aligning Government's Operating Environment to Best Practice". The participants engaged in productive discussions with technical experts from The Caribbean Regional Technical Assistance Centre (CARTAC), the International Monetary Fund (IMF) and the World Bank on various topics on Public Financial Management. Areas discussed included: Strategic Budgeting, Strategies for Effective Cash Flow Management, Risk Management and Internal Controls.

The discussions, aimed at supporting member governments in their efforts towards improved processes for enhanced service delivery, reinforced the need for the adoption of international best practices. As a consequence of these discussions, participants agreed to action points for adoption.

The engagement presented an opportunity for country teams to exchange ideas, learn from the experiences of each other; and foster collaboration on solutions to strengthen public financial management in ECCU member countries.

The ECCB's networking meeting with Accountants General, Budget Directors and Directors of Audit takes place twice per year and mostly in virtual format. Participants agreed on the necessity for periodic in-person engagements.

The next meeting is scheduled for May 2025.

Media Contact: Shermalon Kirby, Director, Corporate Relations Department

Phone: (869) 465-2537 | Fax: (869) 465-9562

E-mail: [email protected] | Website: www.eccb-centralbank.org