AGP Executive Report
Last update: 12 hours agoPublic-Sector Pensions: Parliament passed amendments extending a government-funded bridge pension to eligible public officers until age 65, helping retirees bridge the gap before qualifying for full Dominica Social Security benefits. Budget and Taxes: Lawmakers approved EC$248.5 million in supplementary spending, including EC$50 million for the international airport and EC$53.95 million to settle legal claims. From January 2027, personal income above the EC$30,000 tax-free threshold will be taxed at a flat 10%; changes also remove compounding taxes on imports. Tourism and Energy: Dominica reported its strongest cruise season in 15 years and is exploring private investment in cruise, cargo and ferry facilities. More than two-thirds of electricity came from geothermal and hydropower in June, as the government targets fully renewable power by 2030. CBI Outlook: EU pressure on five Eastern Caribbean citizenship-by-investment programmes raises a longer-term economic risk for Dominica: countries may have to end the schemes by June 2028 or risk losing visa-free access to Europe.
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