Antigua and Barbuda participates in the Eastern Caribbean Currency Union and uses the EC dollar under the ECCB's fixed US dollar link. ECCB's monetary framework operates alongside national fiscal decisions and local financial intermediation. Its own explanation notes that commercial banks generally set lending rates, while shallow financial markets constrain monetary transmission. A stable currency anchor is therefore different from uniform access to finance for local firms. The IMF's May 2026 assessment also calls for stronger risk-based supervision, provisioning and capital in credit unions. Read bank liquidity and credit-union resilience separately, keeping the shared monetary arrangement distinct from national financing and supervisory needs.
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