- 869-469-5521
- itdept@niagovkn.com
- Mon-Fri 8:00AM-4:00PM
Welcome to the official page of the Ministry of Finance, Statistics and Economic Planning. The Ministry of Finance in Nevis is pivotal in shaping the island’s economic landscape through strategic fiscal policies and debt management. Its mandate goes beyond balancing books; it’s about securing livelihoods and creating a stable, prosperous environment for all nationals and residents. The Ministry oversees several key departments responsible for maintaining sound financial practices, ensuring effective expenditure, timely revenue collection, and fostering a thriving business environment.
To take the leadership role in promoting and maintaining financial and economic stability through more effective management of debt and fiscal accounts, prudent management of limited resources and the development and implementation of sustainable programmes aimed at improving the quality of life for all Nevisians.
To provide strategic leadership across the public service on the financial and economic implications of policy decisions. In support of our vision, we strive to enhance universal confidence in the economy of Nevis by cultivating a macro-economic environment that is firmly affixed upon the principles of sustainability, competitiveness and inclusive growth.
1. Foster Economic Development, Diversification, Resilience and Stability
-Support starts ups through the processing and approval of new business license applications.
-Support the development and acceleration of small and medium sized businesses through training, marketing and tax relief.
-Support sectoral development such as:
2. Provide sound policy advice to support macroeconomic stability
-Undertake debt sustainability analysis to monitor the evolution of the debt and its manageability over time.
-Produce annual debt bulleting.
-Undertake quarterly reports on fiscal and economic performance.
3. Promote efficiency and economy in the use of Public Resources
-Prepare and table in Parliament the Nevis Island Administration annual budget.
-Provide guideline to ministries and departments on the proper use and management of government resources.
-Monitor the execution of the budget to ensure the effective implementation of the plans and priorities approved by Parliament through quarterly Permanent Secretaries meetings and reports.
Provide updates to Cabinet on the financial status of the Administration and make recommendations for improvement.
At the Ministry of Finance we are committed to the following values:
-Strict adherence to the laws and regulations of the Federation of St. Kitts and Nevis.
-Fair and ethical review of all matters related to financial and economic transactions.
-Uphold the integrity of the office at all times, by maintaining transparency and the accountability of its officers to the citizens of Nevis.
To take leadership in the development and implementation of an overall economic and fiscal strategy aimed at promoting
stability and growth towards the improvement in the standard of living and well being of all citizens of Nevis.
Premier
Minister of Finance, Statistics, Economic Planning, Human Resources, Industry, Trade and Consumer Affairs, Health, Tourism, Public Utilities and Energy and Foreign Investments.
Permanent Secretary
Ministry of Finance, Statistics & Economic Planning
Departments under the Ministry of Finance, Statistics and Economic Planning
1-(869)-469-5521
ext 6259
Admin Building
Main Street
Charlestown, Nevis
@niagovkn.com
Monday-Friday
8am-4pm