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Antigua PM no loss of power

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21 Apr 2015 20:42 #252976 by chairman
ST. JOHN’S, Antigua, Apr 21, CMC – Prime Minister Gaston Browne says he does not support the suggestion that the proposed Banking Act will allow for the St. Kitts-Based Eastern Caribbean Central Bank (ECCB) to usurp the authority of his administration.
“I imagine it is a matter of interpretation. We do not see provisions of the act usurping the authority of the government per say. You would recognize that we have a Monetary Council and we have representation on the Monetary Council and ultimately the governor of the Central Bank and staff are accountable to the Monetary Union,” Prime Minister Brown told the Caribbean Media Corporation (CMC).

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