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Economy

Barbados: Concern over economy downgrade

Barbados Today:-The latest downgrade of the Barbados economy is an indication the country is approaching crisis levels, according to Chief Executive Officer of the Small Business Association (SBA) Lynette...

PM advocates OECS approach to CIP

Prime Minister, Allen Chastanet, has voiced support for an OECS approach to the Citizenship by Investment Programme (CIP), being offered by some member states of the group. "Saint Lucia was...

Opposition criticizes PM’s response on CIP changes

The opposition Saint Lucia Labour Party (SLP), has criticized Prime Minister Allen Chastanet's responses on the matter of changes to the Citizenship by Investment Programme (CIP) regulations. Opposition spokesman on...

PM defends changes to CIP regulations

Prime Minister, Allen Chastanet, has defended changes to the Citizenship by Investment Programme (CIP) at a news conference Thursday evening. Chastanet was asked  specifically what the rationale was for revoking...
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Doctor Ernest Hilaire’s statement on CIP

Press Release:-Ladies and Gentlemen of the Press, Allow me to join the Leader of the Opposition and Political Leader of the Labour Party in wishing everyone a happy new year...

Barbados: Central Bank wants tighter fiscal measures

Barbados Today:-The Central Bank of Barbados is issuing yet another warning of the need for further “painful” fiscal measures to stave off currency devaluation. In his January economic letter released...
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Changes to Citizenship by Investment Regulations

Press Release:- On December 22nd, 2016, the minister to whom citizenship by investment is assigned signed a statuory instrument making amendments to the Citizenship by Investment Regulations No. 89 of...
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Martinique announces fuel price increase

Martinique has  announced a significant increase in fuel prices from January 1, 2017. The increase includes an 11 cent hike on the liter of unleaded gas, a 19 cent rise...
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PM: Government had no choice on CIP

Prime Minister, Allen Chastanet, has declared that the government had no choice but to launch a Citizenship by Investment (CIP) programme here. Chastanet noted that four other OECS countries had...
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CIP grants thirty-eight citizenships

The Citizenship by Investment Programme (CIP) has granted thirty-eight citizenships, after approving eleven applications. The revelation was made on Tuesday November 29, 2016 when the Citizenship by Investment Unit hosted...