AGP Executive Report
Last update: 7 hours agoIndependence: SVG has begun its 47th Independence celebrations under the theme “Hand in Hand, Uplifting Our Nation,” with cultural events planned throughout October. Weather Alert: Forecasters warn of heavy showers, thunderstorms and gusty winds on Sunday, with flash flooding and landslides possible after recent flooding. Global Finance: Prime Minister Godwin Friday is due in Bangkok for the IMF-World Bank meetings, where SVG will pursue development financing and investment. Mayreau Investment: Invest SVG and Luxembourg’s Nativo Group have signed an agreement advancing a proposed US$100 million eco-resort, expected to create local jobs and business opportunities without government funding. Flood Recovery: Taiwan has pledged US$100,000 in emergency aid for communities affected by flooding. Tourism Trade: The Tourism Authority is inviting local vendors and artisans to join Kingstown’s Sunday Cruise Village and sell to visiting passengers. Economic Outlook: The World Bank projects SVG’s economy will grow 2.6% in 2026 and 2027, amid a more moderate recovery across tourism-dependent Caribbean economies.
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