AGP Executive Report
Last update: 6 hours agoCruise Port Deal: Global Ports Holding (GPH) has signed an MoU with the Government of St. Vincent and the Grenadines to enter exclusive talks on a 30-year concession to manage and develop the Kingstown Cruise Port, with phased investment up to EC$250m and a plan to modernise terminals, expand berthing, and grow shore excursions. Debt & Growth Plan: Finance and Investments Ambassador Kevin Hope says SVG must restore fiscal discipline while pursuing private-sector-led growth, as debt and deficits remain under pressure after repeated shocks. Poverty Reduction Focus: At the Development Partners Roundtable, government leaders put poverty reduction at the centre of the National Development Agenda, noting debt servicing absorbs 36 cents of every tax dollar. Development Partners Push: UN Resident Coordinator Simon Springett urged partners to shift from isolated response projects to prevention and connected systems. Renewables & Climate Resilience: PM Godwin Friday reaffirmed a push for more solar and clean energy, while GEF approved a US$6.1m watershed project to restore ecosystems in SVG’s south corridor. Blue Economy Funding: OECS is inviting Blue Economy MSMEs to virtual info sessions for Window 2 matching grants, with value chain groups eligible for US$100k–US$150k. Tourism Media Partnership: CTO and TEMPO Networks announced a long-term collaboration to boost Caribbean tourism storytelling through digital and broadcast coverage.
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