Mr. Colin Dore, Permanent Secretary in the Ministry of Finance on Nevis, commended the staff of the Treasury Department and the Inland Revenue Department (IRD) for what he called their continued commitment and dedication despite of the difficult conditions in which they have operated during the past six years.
The building which will house the Treasury Department of the Nevis Island Administration (NIA) was officially commissioned on Lower Happy Hill Drive in Charlestown on January 30, 2020.
A new building to house the Treasury Department, the Inland Revenue Department and the Information Technology Department will be officially opened during this week, six years after the building which housed the Nevis Island Administration’s (NIA) Treasury Department and other government offices was gutted by an early morning fire.
Mr. Colin Dore, Permanent Secretary in the Ministry of Finance in the Nevis Island Administration (NIA) says the Small Enterprise Development Unit (SEDU) will begin to accept applications to access loans for small business development or expansion and the requisite training in about two weeks.
Women, and men younger than 35 years old now have the opportunity to borrow up to $100,000 for the establishment or expansion of existing small businesses, thanks to an EC $5million loan from the government and people of the Republic of China (Taiwan) to the Nevis Island Administration (NIA) to facilitate the process through the Small Enterprise Development Unit (SEDU).