SVG’s 2020 revenues higher than 2019 — Finance Minister: CARICOM BUSINESS
Jan 09, 2026
Image
In a break with tradition, the government of St Vincent and The Grenadines, in the absence of a budget for 2021, received approval from Parliament to borrow EC$125 million for capital expenditure for next year.
Public Sector Investment Loan No. 2 Act 2020, presented by Minister of Finance, Camillo Gonsalves, authorises the government to raise funds to assist the government in financing the public sector investment programme (PSIP).
However, the Minister was quick to assure Parliament that “in fact, our revenues increased slightly over our 2019 numbers” noting that the country’s economic decline was minimised. (IWNSVG)
Extract from CARICOM BUSINESS Vol 4 No 1
Click on Image or Link below to read full Newsletter:
You may also be interested in:
Mensaje de fin de año de la Secretaria General de la Comunidad del Caribe (CARICOM), Dra. Carla N. Barnett
We have come to the end of another year during which strenuous efforts have been made to ensure that the integration process improves the lives of the people of the Caribbean C
caricom_admin
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
caricom_admin
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
caricom_admin
Related Stories
Jamaica’s unemployment rate plummets to 6%: CARICOM BUSINESS
The unemployment rate for April 2022 decreased to 6.0%, 3.0 percentage points lower than in the same quarter of 2021.
Anonymous
Jamaica’s unemployment rate plummets to 6%: CARICOM BUSINESS
The unemployment rate for April 2022 decreased to 6.0%, 3.0 percentage points lower than in the same quarter of 2021.
Anonymous
Bahamas collects $931 million in revenue in 11 months: CARICOM BUSINESS
The Department of Inland Revenue (DIR) in the Bahamas has collected $930.57 million in taxes from July 1, 2021 to end of May, exceeding current FYprojections by $100 million.
Anonymous