Tag Archives: Minister of Finance Camillo Gonsalves

GONSALVES – BANKING RELATIONS

The Government of St. Vincent and the Grenadines is recommending that collective action be taken, in response to the emerging threats to Correspondent Banking Relations. The recommendation came from Minister of Finance and Economic Planning, Camillo Gonsalves, as he contributed to debate on a Resolution tabled at the 4th Meeting of the OECS Assembly, held… Continue Reading →

GONALVES AND GREEN CLIMATE FUND

Minister of Finance Camillo Gonsalves said Small Island Developing States (SIDS) continue to face many challenges to access global funding to be used in Climate Change mitigation and adaption programs. He made this statement earlier this week during the opening of a three-day Climate Finance Regional workshop which was held here in St. Vincent and… Continue Reading →

CLIMATE FINANCE FUNDING

Minister of Finance Camillo Gonsalves said the Government is concerned about the slow pace at which small island states can access funding to be used in Climate Change mitigation and adaption programs. He made this statement during today’s opening of a three-day Climate Finance Regional workshop being held here in St. Vincent and the Grenadines…. Continue Reading →

DIAMOND HOTEL

The Government is moving ahead with plans to construct a 93 room Hotel at Diamond under the Holiday Inn Brand. Minister of Finance Camillo Gonsalves provided an update on the project, in response to a question in Parliament yesterday. He said the Government has executed a Franchise Agreement as well as a Master Technology Agreement… Continue Reading →

FINANCING FORUM

Minister of Finance Camillo Gonsalves was among delegates attending a Forum on Financing for Development, hosted by the United Nations Economic and Social Council, ECOSOC in New York yesterday. The Forum was convened under the auspices of St. Vincent and the Grenadines’ Permanent Representative to the United Nations, Ambassador Rhonda King, who currently serves as… Continue Reading →

TOURISM JOBS

Vincentians can look forward to employment opportunities in the upcoming months, with the coming on stream of a number of tourism development projects. The announcement was made by Minister of Finance, Camillo Gonsalves, during a signing ceremony held here last week. During the ceremony, a 50-Million US dollar Loan Agreement was signed by the Governments… Continue Reading →

ESTIMATES PRESENTATION

Members of Parliament yesterday approved a Motion to adopt the 2019 Estimates of Revenue and Expenditure, which were presented by Minister of Finance, Camillo Gonsalves. The 2019 Estimates amount to: one billion, 67-million, 343 thousand, 283-dollars, representing an increase of 7.4% over the approved Budget for 2018. Minister Gonsalves said the 2019 Budget is made up… Continue Reading →