CASTRIES, St. Lucia, Apr 23, CMC – Prime Minister Phillip J Pierre has presented an EC$2.05 billion (One EC dollar=US$0.37 cents) budget to Parliament extending a tax amnesty programme, allowing for improved allowances for nurses while insisting that his administration will remain focus as it prepares for a general election in the coming months.
“And so, Mr. Speaker, as we approach our date with destiny, we do so with the full assurance that individuals from every sector of the St. Lucian society can point to the direct benefits to their lives from the work that we have done,” Pierre told legislators.
He said that the budget will be financed through Recurrent Revenue of EC$1.6 billion,
Capital Revenue of EC$6.68 million, grants totalling EC$93.3 million, Treasury Bills and Bonds estimated at EC$78.1 million and loans and external funding of EC$257.3 million.
(Details in Business section)
CMC/2025