June 14, 2021

Cayman tax: €510 million budgeted for and €5 million collected

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From The Brussels Times The Cayman tax, which targets the sums that Belgians have placed in tax havens, only brought in €5 million last year – a mere one-hundreth of the €510 million which the Finance Minister, Johan van Overtveldt, had forecast in the 2017 budget. The information appeared in an article in Het Laatste […]

The Editor Speaks: Courthouse MUST not be left in limbo

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A new courthouse is not going to happen anytime soon. Maybe not during this administration. At the moment there is not even an interim solution to the problem that has plagued the judiciary for years – not enough room. This shocking development was announced by the Chief Justice in his speech at the Opening of […]

Jamaica: Opposition leader to demit office In April

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From Caribbean News Service KINGSTON, Jamaica, Feb 05 2017 – Leader of the main opposition People’s National Party (PNP), Portia Simpson Miller, on Sunday announced that she will step down from the position on April 2. Simpson Miller, 71, told delegates at a meeting of the National Executive Council (NEC), in the central parish of […]

Statement to the Legislative Assembly on Finance Minister of the Year Award By Premier Hon. Alden McLaughlin, MBE, JP, MLA

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Statement to the Legislative Assembly on Finance Minister of the Year Award By Premier Hon. Alden McLaughlin, MBE, JP, MLA 10 October, 2016 Madam Speaker, I rise today to formally advise this Honourable House and the broader public that our own Minister of Finance the Hon. Marco Archer has been named Finance Minister of the […]

Panama eyes return to foreign bond markets early next year

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By Paul Kilby and Davide Scigliuzzo, Reuters,  From Business Insider WASHINGTON, Oct 8 (IFR) – Panama plans to tap the foreign bond markets during the first semester of next year to cover a portion of its funding needs in 2017, the country’s finance minister told IFR on Saturday. The Central American country will raise the […]

Barbados continues to spend more, earn less

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By George Alleyne From Caribbean Life The Barbados government is set to enter a new financial year showing another gaping difference between its spending and the money it expects to take in, with a projected shortfall of Bds$1.6 billion. “It is estimated that government’s total expenditure for the financial year 2016 – 2017, on the […]