Finance

PREMIER FARRELL PRESENTS EC$206.09 MILLION DOLLAR BUDGET

Montserrat’s Premier and Minister of Finance and Economic Management, Honourable Joseph E. Farrell today presented the Government of Montserrat’s EC$206.09 million Eastern Caribbean dollar budget for the 2021/22 financial year, during his 2021 Budget Address. The Government’s budget presentation was delivered under the theme ‘Beyond The New Normal: Recovery, Growth and Opportunity in The Age […]

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STATISTICS DEPARTMENT RELEASES INFOGRAPHIC ON LABOUR FORCE SURVEY MAIN INDICATORS

The Statistics Department of Montserrat (SDM) within the Ministry of Finance and Economic Management (MoFEM) is today releasing key indicators from the recently conducted Labour Force Survey (LFS) as at September 2020, in the form of an infographic. This infographic provides information on the main Labour Force Indicators to include unemployment rate, participation rates, youth

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£23.6 MILLION CONFIRMED FOR MONTSERRAT’S 2021/2022 BUDGET

The Government of Montserrat has been notified by the UK Government that it’s contribution to Montserrat’s 2021-2022 recurrent budget will be £23.6 million.  This allocation will maintain the core support at the same level as the previous year (2020-2021). Following this confirmation, Montserrat’s Premier and Minister of Finance, Hon. Joseph E. Farrell along with other

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GOVERNMENT AMENDS TARIFF RATES ON SOME IMPORTED GOODS

The Government of Montserrat has adjusted the tariff rates on the importation of single use plastic bags, sugary drinks, tobacco products, pure natural drinks, health food supplements, live farm animals, most items of clothes and sanitary products. The new tariff rates took effect on Monday April 12, 2021 under S.R.O. 27 of 2021 Customs Duties

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GOVERNMENT’S RUNWAY RESURFACING PROJECT COMPLETED

Airport Set to Re-Open on Schedule- April 22, 2021   The Government of Montserrat is pleased to announce the successful completion of the Runway Resurfacing Project at the John A. Osborne Airport, which will reopen to the usual fixed-wing aircraft flight operations as scheduled, tomorrow Thursday April 22, at 7:00 a.m. The paving of the

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GOVERNMENT COVID-19 SUPPORT PACKAGE FOR RESIDENTS & CHILDREN

As part of efforts to cushion the economic impact on residents, brought on by the COVID-19 pandemic and subsequent response measures, the Ministry of Health and Social Services, with funding through the Ministry of Finance and Economic Management (MoFEM) will be implementing several packages of assistance. The packages which will be offered include, ‘unemployment support’,

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AIR TRAFFIC CONTROL TOWER PROJECT ENTERS CONSTRUCTION PHASE

On Tuesday January 5, 2021 Government of Montserrat officials held a groundbreaking ceremony at the John A. Osborne Airport to signal the start of the construction phase of the new Air Traffic Control Tower. The Air Traffic Control Tower Project is a critical infrastructure project under the Capital Investment Programme for Resilient Economic Growth (CIPREG),

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