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Economy

Prime Minister Stresses Need For Direct Investment

Press Release:-  Saint Lucia, as a small developing state, has long been vulnerable to exogenous shocks that have had crippling effects on the economy. Prime Minister, Hon. Allen Chastanet noted that...

Saint Lucia, Taiwan To Enhance Agricultural Production

Press Release:-  The Government of Saint Lucia, and the Republic of China (Taiwan), have signed an action plan to commence the project “Enhancing the Efficiency of Production and Distribution Supply...

Saint Lucia Addresses Amendments To Tax Bill

Press Release:-  Prime Minister and Minister for Finance, the Hon. Allen Chastanet, last week sought Parliament’s approval to amend Saint Lucia’s tax regime, during a sitting of the House of...

Small Commonwealth States Losing Out On $ Billions In Aid

CARICOM Today:-  The small states of the Commonwealth could be losing out on $4.5 billion of overseas development assistance, a preliminary Commonwealth Secretariat study has shown. In response, Commonwealth Secretary-General...

PM: Government Seeking To Ensure All-Inclusive Resorts Do Not Dominate

In announcing several Investment projects planned for 2019, Prime Minister Allen Chastanet has stated that the government seeks to ensure that all-inclusive resorts do not dominate the hospitality sector. In...

Government Signs Fruit And Vegetable Sector Action Plan

Press Release:-  The Government of Saint Lucia, and the Republic of China (Taiwan), earlier this week signed the action plan to commence the project titled “Enhancing the Efficiency of Production...

Barbados: VAT on online purchases by Christmas

Barbados Today:-  With two deadlines already missed, Government announced today that it is finally ready to roll out its plan to collect Value Added Tax (VAT) on foreign online transactions...

Government Bonds And Treasury Bills Cited As Alternative Investments

 The Debt and Investment Unit in the Department of Finance believes the level of financial literacy in Saint Lucia must be improved significantly to encourage more St. Lucians to...

Government Fosters Medium Term Development Strategy

The Saint Lucia Social and Economic Labs has brought together over 150 stakeholders from all sectors of the economy to participate  in a  new approach  to develop and deliver the...

Former PM Says CDB Doing A Disservice To The Region

Former Saint Lucia Prime Minister, Doctor Kenny Anthony has asserted that the Caribbean Development Bank (CDB) is doing a disservice to Saint Lucia and the region. The Vieux Fort South...