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31

ECCB ANNUAL REPORT 2016/2017

the Plan and its refinement in collaboration with an

external consultant.

Strategic Planning and Projects Department (SPPD)

The Strategic Planning and Projects Department was

established to provide a focal point for the planning

and development of the Bank’s strategic priorities.

The responsibilities of the department include strategic

policy development and monitoring, policy counsel

to the Bank’s leadership, policy formulation and

coordination, project management and coordination

of the Bank’s financial and economic developmental

initiatives.

Transforming the Eastern Caribbean

Currency Union Together

ECCB Strategic Plan 2017 - 2021

W

ithin the current and future context,

characterised by economic uncertainty,

technological disruptions, rapid evolution towards

a globally integrated economy and fiscal challenges

faced by member governments, the Bank is developing

the Strategic Plan 2017-2021.

The Plan sets out the Bank’s vision for the next five

years and focuses on goals that are needed to better

reflect the expression of the Bank’s mandate and

provides strategies to guide the accomplishment of

these goals over the coming years.

The Bank coordinated the in-house development of

The first and principal goal to maintain a strong and stable

EC dollar is the foundation pillar of the strategic

framework and is intimately connected to success

in the other three goals encompassing: the ECCU

financial sector, economic development and

member governments’ fiscal affairs. The fifth

goal relates to the internal capacity of the ECCB

to excel in the delivery of the strategy. These

five goals are formulated to contribute to the

socio-economic transformation of the ECCU region

by facilitating sustainable economic expansion in a

balanced, inclusive and integrated manner.