Finance

GOVERNMENT OF MONTSERRAT AWARDS TENDER FOR DETAILED DESIGN OF NEW NATIONAL HOSPITAL

The Island’s Long-Awaited Hospital Project Moves into Detailed Design  TheGovernment of Montserrat has awarded the tender for the detailed design of the island’s new national hospital. This milestone follows the successful completion of preliminary design in 2021, and is a result of an international pre-qualification and tendering process. Article 25 is the chosen supplier – […]

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GOVERNMENT BOOKLET CELEBRATES STRONG EUROPEAN UNION-MONTSERRAT COOPERATION RELATIONSHIP

The Government of Montserrat is celebrating its successful development relationship with the European Union (EU) through the release of a booklet highlighting the EU-Montserrat achievements under the European Development Fund (EDF11) programme. Montserrat has enjoyed a positive development partnership with the European Union (EU) for decades. Most recently, following EU-Government of Montserrat consultations, EC$57.35 million

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PREMIER FARRELL PRESENTS BALANCED BUDGET OF EC$194.03 MILLION

Montserrat’s Premier and Minister of Finance and Economic Management, Honourable Joseph E. Farrell today presented the Government of Montserrat’s EC$194.03 million Eastern Caribbean dollar budget for the 2022/23 financial year. The Government’s 2022 budget presentation was delivered under the theme ‘Investing Today To Secure Our Future: Our Montserrat, Our People’.  The Minister of Finance acknowledged

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MONDAY MARCH 28, 2022 IS BUDGET DAY ON MONTSERRAT

Montserrat’s Premier and Minister of Finance, Honourable Joseph E. Farrell will deliver the island’s 2022-2023 Budget during a Meeting of the Legislative Assembly at the Montserrat Cultural Centre on Monday March 28, 2022 at 4:30p.m. The Minister of Finance will present a budget of a total of $194.03million during his address on Monday. The Budget

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12 BUSINESSES AWARDED UNDER THE EDS PROGRAMME—MORE TO BE AWARDED

The Ministry of Finance & Economic Management is pleased to announce the disbursement for the first tranche of awards under the Enterprise Development Scheme (EDS). Twelve (12) businesses will be awarded a total of $210,000 from this fund and have started the process of receiving their payments. These businesses represent a cross section of the

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MONTSERRAT RECEIVES EDF11 FOURTH BUDGET SUPPORT PAYMENT OF EC$6.1 MILLION

Funding for Energy, Tourism, Infrastructure and Financial Management The Government of Montserrat has received six million and fifty thousand, five hundred and forty eight dollars and seventy three cents (XCD$6,050,548.73) or €2,000,000 from the European Union under the European Development Fund (EDF11) programme.  The funds received is the fourth (4th) Fixed Tranche Disbursement from EDF11

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MONTSERRAT REPRESENTED AT THE LAUNCH OF PROJECT HAMMER: A REGIONAL BORDER SECURITY PROJECT

Montserrat was represented in Barbados at the launch of the World Customs Organisation (WCO) Caribbean Small Arms and Light Weapons and Narcotics Enforcement project, which will be known as Project Hammer. Director General of the Montserrat Customs and Revenue Service (MCRS), Mr. Peter White represented the Government of Montserrat at the launch of the project

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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 between November 1 and December 24, 2021. This directive means that items such as LED electrical Christmas lights; low energy laser decorative spot lights; solar powered Christmas lights; Christmas trees; and Christmas decorations, which arrive

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NATIONAL CONSULTATIONS ON THE NEW MONTSERRAT SUSTAINABLE DEVELOPMENT PLAN (MSDP) TO BEGIN NOVEMBER 1

The Government of Montserrat will commence national consultations from November 1, 2021 towards the creation of the new Montserrat Sustainable Development Plan (MSDP); the third national development plan for the island.  The Ministry of Finance and Economic Management stated that the development of the new MSDP is also a time for local residents and persons

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