BASSETERRE, ST. KITTS, DECEMBER 18TH 2006 (CUOPM)
Expenditure from tourism is expected to surpass EC$300 million for the first time in its history in 2006.
This disclosure has come from Prime Minister Denzil Douglas and Minister of Finance and Tourism, Hon. Dr. Denzil L. Douglas in his 2007 Budget Address in the National Assembly.
Dr. Douglas said the tourism sector has performed well despite major challenges facing the industry and highlighted that the current period is a critical time for making capital out of the opportunity that we had created to become the smallest ever World Cup Cricket venue.
“Much of our expenditure in the Ministry of Tourism, Sports and Culture over the past year has been focused on completing our obligations as a World Cup venue, but also to position our Country as a significant player in the sports, cultural and events tourism business,” said the Prime Minister.