CASTRIES, St. Lucia, CMC – As St. Lucians await the presentation of the 2014-15 national budget, providers within the tourism sector , will from this month, pay a 10 per cent Value Added Tax (VAT) on some services initially exempted from the fiscal measure. Government introduced the VAT in O...

GEORGETOWN, Guyana, CMC – Leaders of the two opposition parties in Parliament have criticised the GUY$220 billion (One Guyana dollar = US$0.004 cents) budget presented by Finance Minister Dr. Ashni Singh late last month. Opposition Leader David Granger described the fiscal package as having ...

WASHINGTON, CMC – The World Bank says the Organisation of Eastern Caribbean States (OECS) has benefitted from an initiative to strengthen accountability within the non-banking financial sector. It said with credit unions being “key players’ within the nine-member sub-regional gro...

The creation of a regional centre of excellence in financial services is being touted as the way forward if the region is to face the challenges and volatility of the global world of financial services. This is the view of the Minister for Financial Services here, Ryan Pinder, who told delegates a...

CASTRIES, St. Lucia CMC - The World Bank will make an additional US$36 million available to St Lucia and St. Vincent and the Grenadines to assist with recovery efforts following the passage of a lethal weather system on Christmas Eve. Just days ahead of the 2014/2015 budget presentation, Prime M...

GEORGETOWN, Guyana, Chronicle - Passing the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) act is critical to the future well-being of Guyana and to all Guyanese. Guyana has an international obligation to enact legislation, which is constitutional; harmonized with the laws of ...

GEORGETOWN, Guyana, Chronicle - THE stability and strength of any financial system are an indispensable prerequisite for the overall health and well-being of an economy, says Finance Minister, Dr. Ashni Singh, and the current Administration has spared no effort in safeguarding the integrity of local...

KINGSTON, Jamaica, CMC - The International Monetary Fund’s (IMF), resident representative to Jamaica, Bert Van Selm, says despite a front loaded adjustment programme, the economy has seen some growth over the first year of the programme. Van Selm, made the comment in an address to persons att...

PORT OF SPAIN, Trinidad and Tobago, Guardian - Data from the National Agricultural Marketing and Development Corporation (Namdevco) indicates an increase in the availability of selected agricultural commodities at the Norris Deonarine Northern Wholesale Market (NDNWM) for the period July to December...

ST. GEORGE’S, Grenada, CMC – Grenada owes the Barbados-based Regional Security System (RSS) six million EC dollars (One EC dollar = US$0.37 cents) in arrears, according to a government statement issued here. It said the figure was outlined to Prime Minister Dr. Keith Mitchell when he...