Finance

MONTSERRAT WELCOMES EDF11 SECOND BUDGET SUPPORT PAYMENT OF EC$11.98 MILLION

Funding to support solar farm, LED Street Lights, Tourism and Montserrat Port Development Release Date: February 27, 2020 The Government of Montserrat has welcomed the recently received second disbursement from The European Union (EU) under the 11th European Development Fund (EDF11) to support the island’s sustainable economic development.  The disbursement of EC$11.98 million (€4.00M) comprised […]

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EU DISBURSES SECOND BUDGET SUPPORT PAYMENT OF EC$11.98 MILLION TO MONTSERRAT

Release Date: February 21, 2020 The European Union has continued its support to the Government of Montserrat (GoM) through the release of the Second Disbursement Payment of EC$11.98 million (€4.00M) under the 11th European Development Fund (EDF) Montserrat Multi Sector Sustainable Economic Development Budget Support Programme. This disbursement comprised of the Second Fixed Trance EC$5.99

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FIRST SUPPLIER ENGAGEMENT FORUM TO BE HOSTED BY GOVERNMENT IN DECEMBER

The Procurement Department within the Ministry of Finance and Economic Management will host the first Government of Montserrat’s ‘Supplier Engagement Forum’ in December.  The forum will be conducted on Thursday, December 5, 2019 at the Montserrat Cultural Centre from 1:00p.m. to 3:00p.m. The aim of the forum is to provide information on current and future

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ADDITIONAL STEPS TAKEN TO ASSIST LOCAL CONTRACTORS TO BID ON GOVERNMENT PROJECTS

The Ministry of Finance and the Montserrat Customs and Revenue Service (MCRS) is providing additional support to self-employed persons and small contractors, who are having difficulties meeting the tax compliance requirement for tenders on Government of Montserrat’s capital projects.  The additional support is part of ongoing efforts to enable more local contractors to be able

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KEY FINDINGS REPORT ON POPULATION COUNT AND LABOUR FORCE SURVEY RELEASED

The Statistics Department (SDM) of the Ministry of Finance and Economic Management has released its Key Findings Report on the recently conducted intercensal Census Count and Labour Force Survey of the population of Montserrat.  The ‘Key Findings Report’ is a compilation of the data collected during the Census and Labour Force Survey exercise, which was

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CHRISTMAS DECORATIONS EXEMPTED FROM CUSTOMS DUTIES & TAX

The Government of Montserrat, through a Cabinet decision, has waived the customs duties and consumption tax for Christmas decorations imported from November 1 to December 24, 2018.  This directive means that items such as LED electrical Christmas light; low energy laser decorative spot light; solar powered Christmas light; Christmas tree and Christmas decorations, which arrive

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CHRISTMAS BARRELS CONCESSIONS TO TAKE EFFECT NEXT WEEK

The Government of Montserrat has approved a charge of EC$50.00 for the customs duties and consumption tax on barrels arriving on the island from November 15, 2018 to January 31, 2019.  The decision, which was made by Cabinet, applies to a barrel imported during the specified time. The maximum number of barrels which can benefit

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MONTSERRAT POSTAL SERVICES INSTALLS POST BOXES IN COMMUNITIES

The Montserrat Postal Services has installed 70 post boxes across two communities here, as part of efforts to meet customers’ needs and provide easily accessible postal services to clients.  Launch of Post Boxes at the Lookout Warden Assistance Complex  The department recently installed 35 boxes at the Lookout Warden Supported Unit and another 35 at

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GOVERNMENT DEPARTMENTS ACCEPTING BANK OF MONTSERRAT DEBIT CARD PAYMENTS

Following the recent launch of Bank of Montserrat debit cards for use with point-of-sale (POS) terminals, the Government of Montserrat through the Treasury Department, is informing the public that Bank of Montserrat issued debit cards are being accepted at revenue collection points with POS Terminals. Customers at Government revenue collection points which use POS Terminals,

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CARD PAYMENTS TO BEGIN IN SOME GOVERNMENT DEPARTMENTS ON MONDAY

The Treasury Department will introduce ‘Point of Sales Terminals’ (PoS Terminals) on Monday, April 30, to facilitate payments using Master and Visa Credit Cards when conducting services at some departments. The Treasury Department said the introduction of the electronic device to process card payments, is in keeping with the Government of Montserrat’s drive to improve

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