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CARICOM single currency not available anytime soon
Tuesday, June 26, 2012
Caribbean Community (CARICOM) countries are working on easing the convertibility of their individual currencies even though regional leaders have decided that certain aspects of the single currency will not be addressed in the immediate future, CARICOM Secretary General Irwin LaRocque has said.
LaRocque, who was in St Lucia over the weekend briefing Prime Minister Dr Kenny Anthony on the July 4-6 CARICOM Summit to be held there, told reporters that a single currency will not be among the dominant issues for the meeting.
He said there is still much more to be done before the single currency, which the regional leaders hope will form an integral part of the CARICOM Single Market and Economy (CSME), can become a reality.
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