AGP Executive Report
Last update: 3 hours agoPublic Finance: EC$170.6 million of EC$177.7 million in Saudi development loans remains unspent, with just EC$3.39 million used. Prime Minister Godwin Friday says slow project delivery will no longer be tolerated as some agreements near their deadlines. Cruise Tourism: SVG is set to sign a deal with Global Ports Holding on Monday for a 30-year cruise-port concession, with up to EC$250 million in phased investment to upgrade facilities and expand local benefits. Cost of Living: From Monday, gasoline falls by EC$1.02 to EC$17.29 a gallon, while diesel prices rise slightly. The government says fuel-tax cuts and electricity subsidies have cost EC$3.9 million since May. Investment: Invest SVG is reviewing 13 proposals worth a combined US$442.9 million across tourism, aviation, housing and other sectors; none has reached completion. Skills: Twenty-three participants have completed SVG’s first fibre-optics technician training programme, gaining practical skills for the telecommunications industry.
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