AGP Executive Report
Last update: 4 hours agoPublic Finances: In his first Independence address, Prime Minister Godwin Friday said national debt stood at 113% of GDP and could reach 140% within four years. He also cited EC$178 million in unpaid government bills, including EC$25 million owed to local suppliers and contractors. Cruise Tourism: Global Ports Holding signed a 30-year agreement to develop and operate Kingstown’s cruise port, with operations expected to begin in early 2027. The government says modernization should bring wider economic benefits to Vincentians. Trade and Investment: Friday is heading to CHOGM in Antigua to pursue investment, expanded trade and development partnerships. An EU delegation also met with SVG officials to discuss investment, renewable energy, and digital and maritime links. Historical Justice: UK Prime Minister Andy Burnham said he is open to a formal apology for Britain’s role in the slave trade and offered dialogue with affected communities, while rejecting financial reparations.
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