The Dominican economy registered real GDP growth of 3 percent and inflation of around 6 percent in 2008 despite the impact of an unprecedented global economic and financial crisis and two hurricanes, one in 2007 and the other in 2008.
This information was revealed by an IMF Team which was in Dominica recently for discussions with [...]
Beginning on Tuesday May 26 2009, the National E Business Incubator Inc. (NeBI) and the ICT Development Program in the Ministry of Land and Telecommunications is offering a five week Certificate Training Course in Computing for owners and operators of Small businesses on the island.
Participants will be given the opportunity to attend classes from 9:00am [...]
Prime Minister and Minister for Finance and Social Security, Hon. Roosevelt Skerrit has said that the current global economic situation is likely to have a negative impact on Dominica. The Dominican leader also highlighted the measures being implemented locally to deal with what is being described as the worst world economic crisis since the Great Depression of the 1930s. The Prime Minister was at the time speaking at the first of three pre-budget consultations last Tuesday in advance of the presentation of the 2009/2010 Budget.
Dominica’s Minister for Energy, Hon. Charles Savarin has revealed that CARICOM, in association with the Organisation of American States (OAS) and the German Technical Assistance (GTZ) has consented to provide technical assistance for the formulation of a National Energy Policy and Sustainable Energy Plan for Dominica.
The Minister pointed out that such a Policy and Plan [...]
As many as one hundred and sixty (160) persons representing youth organisations and Village Councils in the north of Dominica are expected to assemble at the Credit Union Centre on Bay Street in Portsmouth on Tuesday, March 31, 2009 from 5.30pm for a public dialogue on OECS Economic Union as part of the process of widespread consultation across the sub-region
Dominica’s Prime Minister, Hon. Roosevelt Skerrit has expressed his gratitude to the Government of Japan for honouring a commitment it made several years ago to finance the construction of a modern Fisheries Centre in the Town of Portsmouth.
Speaking at the signing ceremony for the Exchange of Notes and Grant Agreement on Wednesday, March 25, 2009 [...]
As Dominica continues the process towards the formulation of a National Export Strategy for the country, General Manager of the Dominica Export Import Agency (DEXIA), Mr. Gregoire Thomas has stated that given new global realities and challenges such a strategy is an imperative at this time.
Speaking at a two-day consultation on the design of the [...]
The Government of Dominica in collaboration with the European Union, The Regional Council of Guadeloupe, the Agence Francaise de Development and other French development partners is forging ahead with plans to exploit the country’s geothermal resource. This information came to light at the first Project Steering Committee Meeting for the Geothermal project held recently.
The Meeting [...]
Minister for Public Utilities, Energy and Ports, Hon. Charles Savarin, on November 07, 2008, signed three (3) financing agreements for a 4 million euro grant, with the Agence Francaise de Developpment (AFD)…
Minister for Public Utilities, Energy and Ports, Hon. Charles Savarin has stated that the removal of the excise tax on fuel and the removal of VAT on electricity would not have a significant effect on the overall cost of electricity in Dominica. The Minister made the disclosure at a Press Briefing by Cabinet recently. According to Hon. Savarin, some persons are of the opinion that the Government can cause the cost of electricity to drop “if taxes are reduced or removed”.
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