AGP Executive Report
Last update: 4 hours agoCBI Under Fire, Diversification Pushed: Dominica’s government defended its Citizenship by Investment programme amid EU-linked international pressure, saying CBI helped fund recovery after Hurricane Maria and must not become the country’s only economic pillar. Budget & Tax Reform: Finance Minister Dr. Irving McIntyre unveiled a 2026/27 budget of EC$1.125 billion and a major shift to a 10% flat personal income tax rate from Jan. 1, 2027, with a tax-free threshold for lower earners. Renewables Pay Off: DOMLEC reported lower July electricity bills as geothermal energy reduces the fuel surcharge, with savings expected across domestic, commercial, hotel and industrial users. Conservation Capacity Boost: DNCTF trained Caribbean Biodiversity Fund grant recipients on financial reporting and environmental safeguards for projects including lethal yellowing disease response and coral reef restoration in marine reserves. Regional Climate Resilience Funding: IRENA opened a call for renewable energy proposals across Central America and the Caribbean, including Dominica, prioritizing projects that move from planning to implementation. Marine Stewardship Spotlight: The Seas & Scenes: Love the Caribbean photo contest opened, inviting entries that highlight marine life and environmental impact, with conservation-focused categories and prizes. CARICOM Geneva Leadership: Dominica and the OECS assumed the rotating chairmanship of the CARICOM Group in Geneva, coordinating foreign policy positions at UN and trade bodies.
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