CASTRIES, St. Lucia, Feb 1, CMC – St. Lucia Wednesday cut the Value Added Tax (VAT) from 15 to 12.5 per cent with Prime Minister Allen Chastanet saying his administration is keeping a key campaign promise to the electorate.
CASTRIES, St. Lucia, Jan 23, CMC – Prime Minister Allen Chastanet says his administration is seeking to re-structure the existing economic policies in a bid to reverse a “deficit government” in office in St. Lucia.
CASTRIES, St. Lucia, Jan 17, CMC – Prime Minister Allen Chastanet says he remains convinced that the economic policies being pursued by his seven- month-old administration to help stimulate the economy will bear fruit for the island.
CASTRIES, St. Lucia, Dec 13, CMC – St. Lucia has recorded its first case of microcephaly for this year and health authorities are awaiting the results of tests to see whether the case is linked to the mosquito-borne Zika virus.
CASTRIES, St. Lucia, Nov 8, CMC – Prime Minister Allen Chastanet has announced a 2.5 per cent reduction in the rate of the Value Added Tax (VAT), saying it will result in an estimated EC$52.5 million (One EC dollar =US$0.37 cents) being pumped back into the hands of St. Lucians annually.