St. Kitts – Nevis Recuurent Revenue Up 13.8%

Basseterre, St. Kitts – Nevis
December 18th, 2007 (CUOPM)

The Federal Government of St. Kitts and Nevis realized EC$386.3 million in Total Recurrent Revenue, exceeding the EC$339.5 million that was recorded in 2005 by EC$46.8 million or 13.8 percent.

This has been disclosed by St. Kitts and Nevis Prime Minister and Minister of Finance, Hon. Dr. Denzil L. Douglas, who stated that all categories of Recurrent Revenue reflected an increase over the previous year with the exception of Taxes on Income which was EC$5.0 million or 5.4 percent less than the EC$91.7 million that was reported in 2005.

Significant increases were, however, recorded in Taxes on Domestic Goods and Consumption which grew by EC$23.7 million and Non-Tax Revenue which rose by EC$22.1 million.

Dr. Douglas said that the growth in Recurrent Revenue was mainly due to the collection of stamp duty from the private sale of lands, mostly on the South East Peninsula and the introduction of the electricity fuel surcharge.

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St. Kitts – Nevis Interests Urged To Use .KN Domain

Basseterre, St. Kitts – Nevis
December 18, 2007 ““ (CUOPM)

The Government of St. Kitts and Nevis continues to emphasised the importance of the Information and Communication Technology (ICT) sector and has reaffirmed its commitment to further development.

Prime Minister Hon. Dr. Denzil L. Douglas reported that concrete steps have been taken to realise the goals of building a knowledge- based economy and an e-society through offering universal access to and the use of modern information and communications technologies.

“Our actions in this regard have been guided by the National ICT Strategic Plan that was adopted only a year ago and already we are seeing results,” said Prime Minister Douglas, who boasted that his St. Kitts-Nevis Labour Party Government officially opened a modern state of the art ICT training centre and e-government facility with the assistance of the Government and people of the Republic of China (Taiwan).

He stated that a number of bold initiatives have been launched including the issuance to several civil servants with Government-owned email addresses through which the official business of Government will be conducted.

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Nevis Premier Presents 2008 Multi Million $$$ Budget

Charlestown, Nevis
December 17, 2007

Premier of Nevis and Minister of Finance Hon. Joseph Parry presented a $115,396,000 budget for 2008, a 10 percent increase over the 2007 budgeted amount of $104,507,860. He made the announcement on Monday December 17, 2007, before a packed gallery and a live multi media broadcast, during a two and a half hour presentation at the Nevis Island Assembly Chambers in Charlestown.
 
The Budget described as one which would Move Nevis to a higher level of Progress through people empowerment was expected to increase expenditure by 11 percent which is estimated at $105,908,000. The Nevis Island Administration (NIA) therefore, is expected to realize a current account surplus for 2008 of $9,488,000.
 
According to Mr. Parry, a number of critical areas would benefit from large allocations in 2008. Current expenditure in the Legal Department is expected to increase by 4.8 percent, for the purpose of salary and allowance of legal counsel and the employment of additional staff.
 
The Premier’s Ministry increased by 9 percent to cover the cost of employing additional School Crossing Guards, Court Reporters and bailiffs. Significant sums will also be spent on the purchase of law books and furniture and equipment for the offices at the Court House.

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Nevis Air And Sea Ports Authority Receives Awards

Charlestown Nevis
December 15, 2007

Premier of Nevis and Minister responsible for Nevis Air And Sea Ports Authority (NASPA), the Hon Joseph Parry issued a call for teamwork among the Authority’s workers as they looked towards the New Year.
 
The Premier made the call while he congratulated the Authority’s workers on Friday December 14, 2007 at the Nevis Air and Sea Ports Authority Awards held the Old Manor Hotel to recognise the contribution of the workers.
 
“It is my duty to congratulate you for all the work that you have done during this part year at the airport and sea ports. You have done remarkably well in terms of raising finances and balancing your books. You have good points and you have bad points”¦ work on your good points and make your bad points less.
 
“I am recommending that to you as you come to the end of one year and you are about to start a new year, remembering you have to be a team.  You go your separate ways at the end of the day but when you get to work function professionally as a team.  I would like to say that I regard what has been done as planning for the future.  You have to strengthen yourself to move forward,” he said. 

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