Business, Economics, Local news, News

ECCB statistics highlight a tumbling St. Kitts and Nevis economy, Federation almost at the bottom

Published 23 July 2017

Buckie Got It, St. Kitts and Nevis News

ECCB statistics highlight a tumbling St. Kitts and Nevis economy, Federation almost at the bottom

BASSETERRE, ST.KITTS, JULY 21ST 2017 – Despite repeated statements by St. Kitts and Nevis’ Prime Minister and Minister of Finance, Dr. the Hon. Timothy Harris, of a robust and highly confident St. Kitts and Nevis economy, the Eastern Caribbean Central Bank (ECCB) is telling a different story.
The ECCB whose goal is to maintain the stability and integrity of the sub region’s currency and banking system for the second time this year revised downward its projected GDP for St. Kitts and Nevis for 2017 with a slight increase in economic activity for 2018.

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Business, Economics, Local news, News

New Chairman of Monetary Council said projected growthain ECCU in 2017 and 2018 will fall short of its target

Published 23 July 2017

Buckie Got It, St. Kitts and Nevis News

New Chairman of Monetary Council said projected growthain ECCU in 2017 and 2018 will fall short of its target

BASSETERRE, ST. KITTS, JULY 21ST 2017 – New chairman of the Monetary Council of the Eastern Caribbean Currency Union (ECCU), Dominica’s Prime Minister and Minister of Finance, the Hon. Roosevelt Skerritt has reiterated the Eastern Caribbean Central Bank (ECCB)’s move towards the socio-economic transformation of the economy in order to secure the future of the people of the region.

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Business, Local news, News

Slumping St. Kitts-Nevis economy brings hardship; residents, business people feeling the squeeze

Published 20 July 2017, 2017

Buckie Got It, St. Kitts and Nevis News.

Slumping St. Kitts-Nevis economy brings hardship; residents, business people feeling the squeeze

BASSETERRE, ST. KITTS, JULY 20TH 2017 – The slump in the St. Kitts and Nevis economy over the past two years is causing increased hardship in the twin-island Federation.
Gross Domestic Product has shrunk from seven percent in 2014 to a projected three percent in 2017 and 2018.
The media in the Caribbean quotes the Washington-based International Monetary Fund (IMF) in its Article IV Consultation as stating that the slump in economic performance of St. Kitts and Nevis is a result of a decrease in Citizenship-By-Investment (CBI) receipts, a deceleration in tourism-linked sectors, a contraction in manufacturing output, a narrowing of the overall fiscal surplus and a significant widening of the current account deficit.

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Education, Local news, News

Dr. Drew promises reinstatement of one-to-one laps in high schools in new Labour Government

Published 19 July 2017

Buckie Got It, St. Kitts and Nevis News

Dr. Drew promises reinstatement of one-to-one laps in high schools in new Labour Government

BASSASSETERRE, ST. KITTS, JULY 19TH 2017 – A new St. Kitts-Nevis Labour Party administration will reinstate the one-to-one lap top programme for students entering the first forms of all high schools in the Federation.
This assurance from the St. Kitts-Nevis Labour Party (SKNLP) caretaker for St. Christopher 8, Dr. Terrance Drew who said the young people must have easy access to information technology, who was critical of the Timothy Harris PLP/CCM/PAM coalition for stopping the programme.
“Our young people are complaining that they and their parents cannot afford to purchase laptops or desktop computers. Our students have to resort to going by neighbours to do or complete assignments or to research,” said Dr. Drew.

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Education, Local news, News

TOP SPORTING PERFORMANCES RECOGNIZED AT AWARDS CEREMONY

Published 16 July 2017

Buckie Got It, St. Kitts and Nevis News

TOP SPORTING PERFORMANCES RECOGNIZED AT AWARDS CEREMONY

Basseterre, St. Kitts, July 13, 2017 (SKNIS): Jerellius Louis of the Washington Archibald High School and Jahnaza Francis of the Charles E. Mills Secondary School (CEMSS) were recognized as the Sportsmen of the Year, while Trishanie Warner, also of CEMSS, as the Sportswoman of the Year at the 2nd Annual Department of Sports Excellence Awards ceremony held at Government House on Wednesday (July 12).

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