Saint Lucia Prime Minister Presents 2026-2027 Budget Address

The Saint Lucian Prime Minister’s Office April 21 announced the presentation of the 2026-2027 budget address. The address includes measures that would: 1) enact no new taxes; 2) provide one-time payments of 1,000 Eastern Caribbean dollars (US$370) for expectant mothers, 700 dollars (US$259) for pensioners, and 200 dollars (US$74) for public assistance program clients; 3) extend the tax amnesty program, to allow individuals and businesses to settle outstanding obligations due up to December 2025, without interest, penalties, or fines; 4) reduce, to 6 percent from 12.5 percent, penalties and interest on overdue taxes moving forward; 5) allow businesses additional time ...