- Reduced corporate and income tax from 40% to 28%.
- Increased the standard income tax deduction to $25,000, making more of your salary tax-free
- Increased the size of the economy from $2.1 billion to $3.1 billion over the last 5 years, in spite of COVID, the volcanic eruptions and Hurricane Beryl
- Built the Argyle International Airport as a cornerstone of our modern economy
- Made SVG the fastest-growing economy in the Caribbean (outside of Guyana) over the last 5 years.
- Attracted over $1 billion in foreign direct investment over the last 5 years
- Strengthened the Bank of Saint Vincent and the Grenadines to make it one of the Caribbean’s strongest indigenous banks
- Established the Financial Services Authority and InvestSVG
- Spent over $1.7 billion on capital projects over the last five years to accelerate economic growth
- Built the Modern Cargo Port in Kingstown to reduce the cost of imports and exports, and establish SVG as a logistics hub
- Invested millions in the Caribbean Regional Communications Infrastructure Program and the Digital Transformation Project to lay the foundations of a modern economy
- Established the Contingencies Fund to provide a buffer against economic shocks caused by natural disasters
- Created a Doing Business Unit to focus on ways that the Government can reduce red tape and impediments to private sector growth
- Created a Fiscal Responsibility Framework and a Fiscal Responsibility Mechanism to achieve and maintain a sustainable fiscal balance; achieve and maintain prudent levels of public debt; prudently manage fiscal risks; and promote prudence and enterprise in fiscal management.
- Became the first economy in the Eastern Caribbean to surpass pre-Pandemic output
- Removed VAT on cement to spur growth in the construction sector, specifically for homes and roads