Gov’t Proposes Increased Budget Of $849M For 2020

December 12, 2019 in National

The 2020 budget estimates for the government of St. Kitts and Nevis were revealed on Thursday, and the government is proposing to spend almost $849 million dollars in the upcoming year. This represents a more than $100 million increase over the budgeted expenditure for 2019. Prime Minister...

SKNA Records $52.3M Profit, Increases Directors Fees

December 10, 2019 in National

The indigenous St. Kitts Nevis Anguilla National Bank is reporting another successful year of operations, with after tax profit of $52.3 million and a record payout of 15% dividend to shareholders compared to 10% in 2018. The bank held its annual general meeting on Monday. According...

Fairer CBI Share For NIA In 2020?

December 09, 2019 in National

Nevis may be looking at a fairer share of the revenue generated from the Citizenship By Investment program in 2020. According to a press release from the most recent meeting of the federal Cabinet, its members had discussions on the upcoming Budget and preparations for it,...