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Tourism boost coming to SVG – says Finance Minister

Minister of Finance and Economic Planning Camillo Gonsalves says a tourism boom is coming to St Vincent and the Grenadines. And in this regard the Minister says that the government of St Vincent and the Grenadines has been trying to create opportunities for people with vision. The Finance Minister said that the government…

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Balliceaux will not sold unless buyer understands its cultural and historic importance – says Finance Minister

Minister of Finance and Economic Planning Camillo Gonsalves says that no foreign entity would be given any alien landholding license for the development of the island of Balliceaux without taking into account the cultural and historic importance of the island. Minister Gonsalves was speaking on the second day of the 11th International Garifuna conference…

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Minister of Finance highlighted poverty assessment

The poverty assessment undertaken by the government in 2007-2008 indicated a poverty head count index of 32.2 per cent and an indigence level of 2.9 per cent. And in 2018 the government sought to undertake an ECPA, a cross sectional study that analyses data for a population from a single point in time. …

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Local economy stronger than ever – says Finance Minister

Minister of Finance and Economic Planning Camillo Gonsalves has said that the state of the economy in St Vincent and the Grenadines is stronger than it has ever been. Minister Gonsalves speaking on WeFm yesterday explained that while SVG has had some setbacks with the most noticeable being what he called the triple whammy…

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Minister of Finance provides update on the road repairs being carried out on Bluff Road

There are two aspects of the project currently being carried out on the Bluff Road in Bequia. Minister of Finance and Economic Planning Camillo Gonsalves explained on WEfm on Sunday that they are repairing the road that was falling and cutting into the banks to shift some of the traffic slightly more inland.

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Minister of Agriculture announces areas of focus for agriculture for 2024

Minister of Agriculture, Forestry, Fisheries, Rural Transformation and Labour, Saboto Caesar has highlighted several areas of focus for his ministry for the 2024 fiscal year. Minster Caesar was making his contribution to the 2024 Estimates of Revenue and Expenditure at the House of Assembly. Minister of Finance and Economic Planning Camillo Gonsalves said…

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Minister of Agriculture highlighted areas of focus for the 2024 fiscal year

Three areas of focus for the 2024 fiscal year have been highlighted by Minister of Agriculture, Forestry, Fisheries, Rural Industry and Labor, Saboto Caesar Minister Caesar was speaking in the House of Assembly where the 2024 Estimates of Revenue and Expenditure were laid before the house. Minister Caesar said significant sums will be invested…

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Real GDP growth expected to reach 6.2 percent

Based on available data up to September 30th, St Vincent and the Grenadines is currently projected to experience real GDP growth of 6.2 percent. So says Minister of Finance and Economic Planning Camillo Gonsalves during today sitting of the House of Assembly. Minister Gonsalves noted that 6.2 per cent growth is broadly in…

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Minister of Finance announced estimates of Revenue and Expenditure for 2024 fiscal year

The Estimates of Revenue and Expenditure for 2024 fiscal year amount to one billion six hundred and sixteen million four hundred and ninety-six thousand five hundred and seventy-four dollars. Minister of Finance and Economic Planning Camillo Gonsalves made the announcement this morning during the sitting of the House of Assembly where the 2024 Estimates…

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Supplementary Estimates Numbers one to five passed in Parliament

Supplementary Estimates Numbers one to five were passed yesterday in Parliament amid much debate. Speaking during yesterday’s debate Minister of Finance and Economic Planning Camillo Gonsalves explained that they were seeking approval by way of supplementary estimates to spend additional money on the Modern Port Project and monies spent by special warrant for certain…

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