Home Economy

Economy

Barbados Moving To Cash In On Medical Marijuana

Barbados Today:- Barbados is moving to cash in on the growing medical marijuana industry by teaming up with a number of firms in Canada with “great interest” in setting up...

Government To Pay Close Attention To Public Financial Management

Press Release:- The Government of Saint Lucia is paying close attention to public financial management with a number of initiatives, including legislative reform. These initiatives come on the heels of the...

Saint Lucia PM Cites Lower Budget Deficit

Press Release:- Prudent fiscal management by the Government of Saint Lucia has resulted in a better budget outcome than anticipated. Prime Minister and Minister for Finance, Hon. Allen Chastanet, in delivering...

Opposition Leader Responds To Appropriation Bill

Press Release:- Mr Speaker the Prime Minister’s budget address is usually a very exciting time for all the sectors of the Saint Lucian economic landscape.  The business sector are anxious...

Thousands of Saint Lucians To Benefit From Tax Savings

Press Release:- In a Budget Address that centred on people-centric growth and bringing relief to Saint Lucians, Prime Minister Honourable Allen Michael Chastanet announced Personal Income Tax Reform that would...
fuel

Government Announces Price Increases For Fuel

Press Release:-  The Public is hereby notified that in keeping with changes in international oil prices and Government’s application of the modified market pass-through petroleum pricing mechanism, the retail...

Saint Lucia To Benefit From Taiwan, PADF Agreement

Press Release:- The Embassy of Saint Lucia to the United States participated today in a signing ceremony between the Taipei Economic and Cultural Representative Office in the United States (TECRO)...

Opposition Leader Responds To Estimates Of Revenue & Expenditure

Press Release:- Mr. Speaker the tabling of these estimates must be viewed from its impact on the local populace: have the monies spent in the last fiscal year 2018/2019...

Saint Lucia Economy Shows Promise

Press Release (GIS):- Policies implemented by the Government of Saint Lucia are having a positive impact on the economy. The Caribbean Development Bank, in its 2018 Country Economic Review for Saint...
fuel

Department Of Finance Clears The Air On Fuel Pricing

Press Release:- The Department of Finance wishes to inform the public of government’s policy regarding the pricing regime for gasoline and diesel in Saint Lucia. Four tax components influence the price...