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Nevis’ Premier presents EC $273.1m budget

Premier of Nevis and Minister of Finance, the Hon. Mark Brantley, delivered his 2025 Budget Address in the Nevis Island Assembly on Tuesday Dec. 3rd, where he presented an EC $273.1 million budget for fiscal year 2025. This is a reduction of about EC $9 million, when compared to the 2024 budget was $282.7 million.

 

The budget was presented under the theme: “Moving Forward: People Focused, Supporting Entrepreneurship and Bolstering Job Creation”.

 

NIA’s expenditure for 2025 in terms of major allocations are: Office of the Premier-$11.8 million, Ministry of Finance-$99.20 million, Ministry of Communications and Works et al.-$42 million, Ministry of Agriculture et al.-$17.3 million, Ministry of Health et.al-$48.7 million, Ministry of Tourism-$6.5 million representing and Ministry of Education et.al- $41.3 million. The Nevis Appropriation (2025) Bill, 2024 was also tabled during the Sitting.