Finance

PREMIER FARRELL PRESENTS EC$227.68 MILLION DOLLAR BUDGET

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COVID 19 Causes Nearly $22M Deficit June 18, 2020 Premier and Minister of Finance and Economic Management, the Honourable Joseph E. Farrell today presented an EC227.68 million dollar budget for the 2020/21 financial year.  While delivering his presentation, Premier Farrell noted that the unprecedented impact of COVID-19 on local revenues of Government has been devastating. […]

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$10K ONE-OFF GRANT AVAILABLE FOR SMALL BUSINESSES

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Release Date: May 29, 2020  Small or micro businesses on Montserrat facing financial difficulties due to COVID19 measures, can now apply for a direct one-off cash grant, up to a maximum of ten thousand EC dollars ($10,000).  The Government of Montserrat, through the Ministry of Finance and Economic Management is today announcing this additional package

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GOVERNMENT’S COVID19 FISCAL PACKAGES BENEFIT 494 PERSONS AT A VALUE OF $800,000

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Release Date: May 27, 2020 The Government of Montserrat through its packages of financial support for businesses impacted by measures to contain the spread of COVID-19, has so far provided over eight hundred thousand dollars (EC$800,000) in financial assistance to successful applicants across all sectors.  Seven hundred and twenty three thousand, six hundred and twenty-six

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DEADLINE EXTENDED FOR COVID19 FINANCIAL SUPPORT PACKAGES

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The Ministry of Finance has extended the deadline for persons to apply for financial assistance under the fiscal stimulus packages in response to COVID19.  Persons or businesses interested in applying for the salary support for employees across all business sectors package, and the one-off grant for eligible businesses in the tourism sector have until Friday

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GOVERNMENT OFFERS A GRANT OF 10 THOUSAND DOLLARS MAXIMUM FOR TOURISM SECTOR BUSINESSES

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Government Providing One-Time Grant for Rent, Utilities & Related-Overhead Costs  As part of the Government of Montserrat’s COVID-19 stimulus package, eligible businesses in the tourism sector who qualify can apply and receive a cash grant of no more than ten thousand dollars (EC$10,000.00).  This package of support is being implemented by the Ministry of Finance

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APPLICATION PROCESS NOW OPEN FOR SALARY SUPPORT FOR EMPLOYEES ACROSS ALL BUSINESS SECTORS

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Government Providing COVID-19 Financial Support for Businesses  The Government of Montserrat through the Ministry of Finance and Economic Management (MOFEM), is now accepting applications for financial assistance from businesses across all sectors, as part of the fiscal stimulus package in response to COVID-19.  This package, which offers direct financial support to employees, will be for

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MONTSERRAT TO RECEIVE 2.5 MILLION POUNDS FROM THE UK FOR COVID19 RESPONSE

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Additional support anticipated following this initial immediate commitment of 2.5 million pounds  The Government of Montserrat has received written confirmation from the Department for International Development (DFID) that £2.5m will be added to Montserrat’s 2020/21 Financial Aid allocation, to fund the island’s immediate response to COVID-19 following a detailed request and submission by the Ministry

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APPLICATION PROCESS NOW OPEN FOR TOURISM SECTOR COVID19 FINANCIAL SUPPORT PACKAGE

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The Government of Montserrat through the Ministry of Finance and Economic Management (MOFEM), is now accepting applications for financial assistance from individuals and businesses in the tourism sector, as part of the fiscal stimulus package announced on Wednesday April 1, in response to COVID-19.  This package, which offers direct financial support to employees in the

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GOVERNMENT OFFERS FISCAL STIMULUS PACKAGE IN RESPONSE TO COVID-19

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Release Date: April 1, 2020 The Government of Montserrat today announced a broad and bold package of financial support and other incentives for those impacted by the coronavirus (COVID-19) outbreak.  This initial phase of fiscal stimulus has been developed to provide the necessary financial assistance to employees and businesses affected by the mandated restrictions previously

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Requested public responses on Securities Bill Draft

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The Eastern Caribbean Central Bank (ECCB) is soliciting feedback from the public on the draft Securities Bill. Click on any of the following documents: Updated Securities_Bill_2018_Explanatory_Memorandum Cover Note for 3rd Public Consultation on the Securities Bill 2018 Updated- Final_Draft_Securities_Bill_2018 ECSRC template for comments on Consultation Paper (05-2018) Comments and responses to comments following public consultation

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