St. Kitts and Nevis enhances global presence by joining La Francophonie

In a significant move to enhance international relations and foster economic growth, St. Kitts and Nevis has officially joined La Francophonie. La Francophonie is a prestigious group of 88 states and member governments, including observers that share French as a common language and uphold shared values. This strategic decision, spearheaded by the Senior Minister and […]

Dominican Republic and EuroChamber strengthen economic ties with new agreement

The Ministry of Industry, Commerce and MSMEs (MICM) of the Dominican Republic and the EuroChamber of Commerce have signed a Memorandum of Understanding, a significant move to enhance investment, knowledge exchange, and commercial ties between the Dominican Republic and the European Union’s private sector. The agreement, signed by MICM head Víctor Bisonó and EuroChamber President […]

Caribbean Nations Unite for Sustainable Economic Prosperity at the WIPO Ministerial Meeting in Saint Kitts and Nevis

The Government of Saint Kitts and Nevis hosted the inaugural World Intellectual Property Organization (WIPO) Ministerial Meeting for Caribbean Countries at the Park Hyatt, with Attorney General the Honourable Garth Wilkin presiding over the event. Throughout the day-long meeting, the primary focus was “Translating Caribbean Innovation and Creativity into Sustainable Economic Prosperity”. Distinguished attendees included […]

Govt’s 2.5% levy adds to burden of the people – Fedee

The Saint Lucian government’s decision to impose a 2.5% Health and Citizen Security Levy, set to take effect from October 1, 2023, has been met with strong objections from the main opposition party. The United Workers Party (UWP) is firmly opposing the move, claiming that the current economic climate is not suitable for such a […]

Gov’t greenlights resumption of HIA Redevelopment Project

The Government of Saint Lucia has granted the Saint Lucia Air and Seaports Authority (SLASPA) the authorization to recommence the Hewanorra International Airport Redevelopment Project. With an astute focus on fiscal prudence and the holistic development of the nation, the decision to temporarily halt the construction of the Hewanorra International Airport in 2021 was an […]

IMF reports favourable assessment

This follows approval by the IMF’s Executive Board on 17 July 2023. The Executive’s Board assessment and the full staff report can be accessed via this link: The previous assessment was conducted in May 2022. The IMF Report highlights Grenada’s achievements in navigating the recent crises, fostering robust economic growth, implementing prudent fiscal policies, […]

Antigua and Barbuda’s GDP Reaches EC$5 Billion, Reports ECCB Governor

The Cabinet invited the Governor of the Eastern Caribbean Central Bank (ECCB) to present his Country Report on Antigua and Barbuda, and the Bank’s Report on the economic performance of the ECCU region, to make projections and recommendations for strengthening the state’s and the region’s economic performance. For two hours, the Governor of the Bank […]


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