Tag: VAT

Prime Minister betrays public trust

The United Workers Party continues to raise its concern over a motion moved in Parliament on Tuesday, 13 February to borrow USD 42 million or EC 113 million dollars from the CDB as a policy-based loan. The passage of this resolution has sparked controversy and concern since the Prime Minister in his presentation revealed that there are 8 conditionalities attached…

Contrasting Leadership Approaches: Chastanet vs. Pierre on VAT Reduction

The economic policies of a government can significantly impact the lives of its citizens. One area that often garners attention is taxation. In this article, we will compare the leadership approaches of former Prime Minister Allen Chastanet, who reduced the Value Added Tax (VAT) in Saint Lucia from 15% to 12.5% and promised further reductions, and current Prime Minister Philip…