AGP Executive Report
Last update: 8 hours agoCBI Deadline: St. Kitts and Nevis has not publicly set out its position on the EU’s November 12 deadline for Caribbean investment-citizenship states to respond. Nevis Premier Mark Brantley warns that ending the programme could mean higher taxes, more borrowing and pressure on public services. PAM leader Shawn Richards is also demanding greater transparency. Economic Planning: Prime Minister Terrance Drew says the government is reducing its reliance on CBI revenue, aiming to bring its share of the budget below 20% this year and under 10% in 2027. He says a sovereign wealth fund would help protect households and services when revenues fall. Drew is also preparing talks with supermarket operators and Consumer Affairs officials on grocery prices and possible price gouging. Maritime Boundary: The Netherlands has advanced treaty approval for a maritime border with St. Kitts and Nevis, which would clarify jurisdiction over waters and related activities.
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