Tag Archives: Minister of Finance

HOTEL LEVY

Minister of Finance and Economic Planning, Camillo Gonsalves, has indicated that the Climate Resilience Levy which was announced in the 2018 National Budget, is now in effect. Minister Gonsalves had announced in his Budget Address in February, that the Levy of eight EC-dollars per night, would be paid by all stay-over visitors in Hotels, Apartments… Continue Reading →

CLIMATE BILL

Minister of Finance, Camillo Gonsalves, said vulnerability to Climate Change and its related impacts is one of the main existential issues facing small island states like St. Vincent and the Grenadines. He made the point during his presentation on the Climate Resilience Levy Bill, 2018, which was passed in Parliament yesterday. The Bill is for… Continue Reading →

SVG BUDGET ESTIMATES

The Estimates of Revenue and Expenditure for the 2018 Fiscal were presented in Parliament on Monday by Minister of Finance, Camillo Gonsalves. The 2018 Estimates amount to 993-million, 535 thousand, 449 dollars. In presenting the figures, Finance Minister Camillo Gonsalves said they represent a 1.7 percent increase over the approved budget for 2017. He said… Continue Reading →