AGP Executive Report
Last update: 10 hours agoPublic Finance & Debt: Saint Lucia is being recognised by the Commonwealth Secretariat as a model for public debt management, citing reforms that cut the debt-to-GDP ratio from over 90% (2020) to 74.5% (2024) and the roll-out of the Commonwealth Meridian Debt Management System. Cruise & Tourism Demand: The 2025/26 cruise season is the strongest since the pandemic, with 673,700 cruise arrivals—up 8% year-on-year and nearly back to pre-Covid highs—supporting vendors, taxi drivers and the wider tourism economy. Utilities & Household Costs: WASCO has notified customers of “new rates coming soon,” with tariffs revised to take effect in June; Prime Minister Pierre says Cabinet’s role is limited because the National Utilities Regulatory Commission sets water and sewerage tariffs. Trade & Regional Growth: The Department of Commerce is pushing practical trade and investment cooperation with Martinique, focusing on export readiness like testing, packaging, traceability and compliance ahead of a more structured framework. Regional Connectivity Pressure: Caribbean Airlines is cutting routes and reducing frequencies from June 1, a reminder that intra-Caribbean air links remain fragile—raising stakes for business travel and trade. Crime, Policy & Public Debate: Prime Minister Pierre says any move to resume capital punishment must be handled “very, very carefully” amid a petition gaining signatures after the Joy St Omer murder, while tourism minister Dr Ernest Hilaire urges calm and says most crime is not occurring in tourist areas. Sports & Community Business: Republic Bank and Cricket West Indies launched “Five for Fun” cricket in Barbados, and Saint Lucia’s semi-pro football league kicks off June 27 with higher pay and new tech.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.