AGP Executive Report
Last update: 9 hours agoCost-of-Living Relief: Prime Minister Godwin Friday unveiled a 90-day emergency package to cushion soaring global fuel, electricity, cooking gas, freight and commodity prices, including temporary fuel tax and customs charge reductions and electricity-focused measures with VINLEC, while directing weekly price monitoring to ensure savings reach consumers. Public Finances: Friday also said the country’s debt-to-GDP ratio has climbed to 113% and that a $200 million bank overdraft was uncovered, prompting a “course correction” to restore fiscal discipline. Diplomacy: St. Vincent and the Grenadines marked 34 years of diplomatic relations with Cuba with a flag-raising ceremony at the Financial Complex, reaffirming friendship and cooperation. Regional Trade Modernization: Government rolled out VSWIFT, a single electronic trade window connecting 19 departments and key trade stakeholders to speed up permits and licenses. OECS Funding Push: OECS launched the second call for Window 2 of the Regional MSME Matching Grants Programme for Blue Economy value chain groups in fisheries, coastal tourism and waste management. Tourism Skills: Education Minister Laverne King praised Sandals’ student hospitality etiquette and service excellence programme as practical workforce training for youth. Blue Economy & Food Security: Fisheries Minister Conroy Huggins announced a queen conch hatchery and reef restoration as landings decline, while Agriculture Minister Israel Bruce warned SVG is “too dependent” on imported food and urged a push toward food sovereignty. Postal Talks: Deputy Prime Minister St. Clair Leacock led SVG’s delegation to the Caribbean Postal Union conference in the Bahamas, focusing on digital transformation and resilience.
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