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Economy

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...
fuel

Prices of Gasoline, Diesel Decrease But Price Hike Announced For LPG

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 price...
fishermen cleaning fish

Saint Lucia Advocacy Group Concerned About Plight Of Fishers

The Advocacy group, Raise Your Voice Saint Lucia, is concerned about the negative impact on fishers from the closure of the Saint Lucia Fish Marketing Corporation. In a statement to...

Barbados Plans Development Of Cannabis Industry

BRIDGETOWN, Barbados (CMC) — Barbados has announced plans to establish a medicinal cannabis industry project implementation unit tasked with establishing the administrative framework for the timely implementation of the...