Antigua and Barbuda records largest increase in rate of inflation since 2012
The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Feb 2022.The All Items index rose 4.5 % for the twelve months ending February 2022. The annual inflation rate has been steadily rising and this is the largest increase since February 2012.The Food index rose 8.9% over the year with […]
Pensioners begin receiving increase per new collective agreement
Government pensioners have begun receiving a 4% increase in monthly payment which is reflective of the new contract agreement signed in March 2023 by the Grenada Union of Teachers (GUT), and the Public Workers Union (PWU) in June 2023. “The Ministry of Finance advises pensioners that their September 2023 pension payment has been updated to […]
Annual increase in payments to pensioners
The 4% increase is applicable to the period 1 January 2023 to 31 December 2023, consistent with the increase agreed upon for public sector workers. Pensioners are further advised that their short payment for the period 1 January 2023 to 31 August 2023, will be paid by the next pay cycle, 15 October 2023. Pensioners […]
The government lowers the projection of growth of the economy in 2023 from 4 to 3%
The Dominican government has once again revised its economic growth projection for 2023, reflecting increased uncertainty both internationally and domestically. The initial estimate of 4.25% growth in March was later lowered to 4% in June, and further reduced to 3% in August, according to the Ministry of Economy’s Macroeconomic Panorama 2023-2027 report. While economic activity […]
Dominican Republic increases air connectivity with new flights between Spain, Israel and Qatar
The President of the Civil Aviation Board (JAC), Dr. José Ernesto Marte Piantini, has announced that the JAC is aware of the request for shared code operations between Iberia and Qatar Airways. This arrangement will enable connecting flights from Doha to Santo Domingo via Madrid. These shared code operations will take place on the Madrid/Santo […]
Wage Advisory Committee recommends minimum wage increase
Labour Minister Claudette Joseph said that the Minimum Wage Advisory Committee set up by Government to review the wage for 14 categories of workers named in the Minimum Wage Order has recommended an increase to workers and has identified new workers to be included in the order and a liveable minimum wage. The Committee, chaired […]
Government revenue continues to increase
Antigua and Barbuda’s economy is thriving, as evidenced by the growing government revenue collected by the Inland Revenue Department (IRD). The Deputy Commissioner of IRD, Jermaine Jarvis, has reported that collections between January and June of this year have increased by almost $40 million compared to last year. Specifically, the department collected $209 million between […]
Rising US prices underscore significance of food security in St Lucia
As food prices in the United States continue to rise, the impact will undoubtedly be felt by Saint Lucians when they shop at supermarkets, according to Agriculture Minister Hon Alfred Prospere. Nonetheless, he emphasizes that this situation underscores the significance of food security. Prospere stated, “Any increase outside of Saint Lucia will mean an increase […]
Influenza cases on the rise in St Vincent (SVG)
The Ministry of Health in St Vincent has confirmed that influenza infections are on the rise in the multi-island state. Dr. Alisha Bonadie, District Medical Officer, verified the presence of the flu virus on NBC’s Face-to-Face earlier this week. Bonadie stated that the virus identified as Influenza B is extremely contagious. “We’re definitely seeing a […]
UK Government Partnership With Monsterrat Bolstered By Additional Funding Support
The Governments of Montserrat and the United Kingdom have agreed to an increase in support for Montserrat during this financial year. This comprises of a protection against exchange rate fluctuations for the UK’s contribution to Montserrat’s annual recurrent budget, and new capital investments for essential equipment. Recurrent Budget support The recent fluctuations in exchange rate […]
