Basseterre, St. Kitts, December 13, 2023 (SKNIS): In his 2024 Budget Address in the National Assembly on December 13, 2023, Prime Minister of St. Kitts and Nevis, the Honourable Dr. Terrance Drew, reaffirmed the government’s decision not to introduce new taxes in the upcoming fiscal year. This decision aligns with the stance presented in his […]
Archive for December 13th, 2023
THE CITIZENSHIP BY INVESTMENT PROGRAMME IS A CATALYST FOR TANGIBLE AND POSITIVE CHANGE IN ST. KITTS AND NEVIS
BASSETERRE, St. Kitts, December 13, 2023 (SKNIS) – The Honourable Dr. Terrance Drew-led administration has ushered in transformative innovations that have reinforced the integrity of the Citizenship by Investment (CBI) programme, and in effect aligning it with the highest standards for citizenship. That statement was expressed by Prime Minister and Minister of Citizenship and Immigration, […]
GOVERNMENT OF ST. KITTS AND NEVIS TO IMPLEMENT CONTRIBUTORY PENSION PLAN IN JANUARY 2024
Basseterre, St. Kitts, December 13, 2023 (SKNIS): The Government of St. Kitts and Nevis announced the upcoming implementation of a landmark Contributory Pension Plan, set to be operational from January 2024. This pivotal announcement was made by the Honourable Prime Minister and Minister of Finance, Dr. Terrance Drew, during his 2024 Budget Address in Parliament […]
ST KITTS AND NEVIS’ WEEKLY MINIMUM WAGE RATE TO INCREASE FROM $360 TO $430
Basseterre, St. Kitts, December 13, 2023 (SKNIS): Minimum wage earners in St. Kitts and Nevis will benefit from a higher rate of pay in 2024, as the Federal Government led by Prime Minister the Honourable Dr. Terrance Drew delivers on a key pledge to improve the lives of citizens and residents in a meaningful way. […]
CORPORATE INCOME TAX RATE IN ST. KITTS AND NEVIS SET AT 25% FROM JANUARY 2024
Basseterre, St. Kitts, December 13, 2023 (SKNIS): In a significant move to boost economic growth and business development, Prime Minister of St. Kitts and Nevis, the Honourable Dr. Terrance Drew, announced during his 2024 Budget Address in the National Assembly on December 13, 2023, that the Corporate Income Tax rate for corporations registered in the […]
GOVERNMENT OF ST. KITTS AND NEVIS LAUNCHES REVOLUTIONARY FINANCIAL EDUCATION AND SAVINGS INITIATIVE FOR EMPOWERING THE NATION’S YOUTH
BASSETERRE, St. Kitts, December 13, 2023 (SKNIS) – During the 2024 Budget Address on Wednesday, December 13, 2023, the Government of St. Kitts and Nevis announced a comprehensive suite of financial incentives that will redound to the benefit of the people. This included plans for the establishment of a Financial Education and Savings Programme. The […]
MORE INVESTMENTS AND TECHNICAL SUPPORT FOR THE AGRICULTURE AND MARINE SECTORS COMING IN 2024
BASSETERRE, St. Kitts, December 13, 2023 (SKNIS) – In presenting the Annual Financial Statement and Budgetary Proposals for the 2024 fiscal year in the National Assembly today (Wednesday, December 13, 2023), Prime Minister the Honourable Dr. Terrance Drew stated that the government intends to make even greater investments and technical support available to advance the […]
PRIME MINISTER DR. TERRANCE DREW PRESENTS 2024 BUDGET ADDRESS, HIGHLIGHTS FISCAL LANDSCAPE AND DEBT REDUCTION
Basseterre, St. Kitts, December 13, 2023 (SKNIS): In his 2024 Budget Address, Prime Minister of St. Kitts and Nevis, the Honourable Dr. Terrance Drew, provided a comprehensive overview of the nation’s fiscal performance and future economic plans. A portion of the address focused on the fiscal landscape of 2022, highlighting challenges and achievements, especially in […]
ST KITTS AND NEVIS’ PAVILION IMPRESSES AT COP28
Basseterre, St. Kitts, December 13, 2023 (SKNIS): The St. Kitts and Nevis Pavilion at COP28 was extremely impactful and allowed the youth delegates and other stakeholders to showcase life in the twin-island Federation while highlighting initiatives and activities to adapt to climate change. At a press conference on December 12, 2023, Minister of Environment and […]
Congratulations Hon. Marsha T. Henderson — Caribbean Tourism Minister Of The Year
It is with great pleasure and immense pride that we extend congratulations to Hon. Marsha T. Henderson on being named the Caribbean Tourism Minister of the Year at Caribbean Journal’s Caribbean Travel Awards 2024. This incredible achievement is a testament to Minister Henderson’s dedication and exceptional leadership of St. Kitts’ tourism industry. Caribbean Journal’s recognition […]