GPSCCU Annual Report 2013
Board Of
Directors’
Report 2013
Board Composition
The Following persons comprised the Board of Directors following the Annual General Meeting April 2013:
• Bro. Phillip Telesford
• Bro. Francis Balwant
• Bro. Christopher De Allie
• Bro. Garvin Roberts
• Sis. Gemma Bain-Thomas
• Bro. Carlyle Felix
• Bro. Ernie James
• Sis. Annette Henry
• Bro. Duane Noel
At its first meeting of the Board held on 7th May 2014, the following executive officers were elected:
• Bro. Phillip Telesford
-
President
• Bro. Christopher De Allie
-
Vice-President
• Sis. Gemma Bain-Thomas
-
Secretary
• Sis. Annette Henry
-
Asst. Secretary
• Bro. Garvin Roberts
-
Treasurer
• Bro. Ernie James
-
Asst. Treasurer
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1.0 External Environment
1.1
Economic Environment
According to the ECCB, the year 2013 was another challenging year for the currency union. Preliminary data indicated that
economic activity in the ECCU expanded at a modest pace of 0.7 per cent in 2013. This increase in economic activity was primarily
driven by improved performances in agriculture, construction and tourism.
Improvement in economic performance in the ECCU is being pegged to the new Economic Union Treaty which provides the
framework for addressing fundamental challenges through economic restructuring and development. The need for financial
resources in sufficient quantities and with the appropriate terms and conditions is a challenge which is expected to be addressed
through this process.