Tag Archives: Finance Minister Camillo Gonsalves

BUDGET TOURISM

The local tourism sector is expected to benefit from a number of initiatives this year, as the Government moves to radically transform the sector. Word of this came from Finance Minister Camillo Gonsalves,   as he presented the 2019 Budget Address in Parliament on Monday. He noted that these initiatives are already bearing fruit, since this country… Continue Reading →

PARLIAMENT

The Public Sector Investment Loan Bill was the only one passed at Tuesday’s session of Parliament. And a Resolution was also passed, authorizing the Government to borrow 50-million dollars from local Commercial Banks during the period January 1st to December 31st, 2019, to meet the current requirements of the Government. Parliament has been suspended until… Continue Reading →

COMMISSIONING COAST GUARD VESSEL

This country’s newest Coast Guard vessel Captain Hugh Mulzac, will be commissioned at a ceremony this afternoon at the Cruise Ship Terminal in Kingstown. The Government of St. Vincent and the Grenadines in conjunction with the Police Force and SVG Coast Guard Service will host the commissioning ceremony. A release from the API said the… Continue Reading →

GOVT-UNIONS MEETING

The Government of St. Vincent and the Grenadines has agreed to have detailed discussions with the Commercial, Technical and Allied Workers Union and the National workers Union, on Allowances and other Workers Benefits. This decision was made following a meeting between the Government and Trade Union Officials on Friday at the Prime Minister’s Office. According… Continue Reading →

BANKING BUSINESS

The challenges of doing business with financial institutions were highlighted by Members of Parliament yesterday during debate of the Automatic Exchange of Financial Account Information Amendment Bill. In his presentation, Minister Camillo Gonsalves said the amendment to the Bill seeks to facilitate compliance with rules from the Organization for Economic Cooperation and Development, OECD. He… Continue Reading →

PUBLIC PROCUREMENT BILL

The Public Procurement Bill was one of three Bills passed in Parliament this morning. Finance Minister Camillo Gonsalves, who piloted the Bill said the Bill seeks to regulate the procurement of projects undertaken by State Agencies. The other Bills passed are the Automatic Exchange of Financial Account Information Amendment Bill and the Advance Cargo Information… Continue Reading →

MOUNT WYNNE HOTEL BILL

The Mount Wynne/Peters Hope Hotel is listed among several Major Projects that will be undertaken by the Government of St. Vincent and the Grenadines next year. That’s according to Finance Minister, Camillo Gonsalves who was contributing to the debate on the Mt. Wynne/Peters Hope Hotel Loan Authorization Bill, which was passed in Parliament yesterday. The… Continue Reading →