Governor Venner Opens Price Statistics Course
Basseterre, February 26, 2001 Governor of the Eastern Caribbean Central Bank Mr K Dwight Venner says that the way forward for all countries in the new globalised environment, is through access to good information on which to make the appropriate policies, since survival, particularly for micro states, will depend on the quality of these policies. In the feature address at the opening ceremony for the IMF/ECCB sponsored Price Statistics course at the ECCB this morning, the Governor pointed to knowledge and flexibility in the production structure as two critical factors in the process. He noted however, that in light of the limited financial resources of small states, the critical response for the region is integration and education, with a highly skilled and motivated population being the prerequisite for development. Governor Venner noted the timeliness of the seminar, given the policy thrust in the ECCU to place emphasis on price stability through a fixed exchange rate regime. Decision-makers would require the most accurate measurement of the consumer price index to inform their decision-making. Some 40 participants from statistics departments and central banks from Suriname, Haiti, BVI as well as ECCB member states and other CARICOM countries are attending the seminar
Eastern Caribbean Central Bank
P O Box 89, Basseterre,
St. Kitts
Contact Person: Lorraine Wilkin, Client Relations Officer
Phone: (869) 465-2537
Fax: (869) 466-2873
Email: eccbinfo@caribsurf.com
