Chamber Advances Action on Key Business Constraints in Budget Submission to Minister of Commerce
April 13, 2026
Whats App IconFacebook IconLinkedIn Icon
News Article
News Details

The St. Lucia Chamber of Commerce, Industry and Agriculture has submitted preliminary ideas for consideration of the Minister of Commerce as he contemplates his contribution to the Budget Policy debate on the 2026/2027 National Budget.

The suggestions highlight urgent action needed to improve the business climate and unlock economic growth.

While the proposals are based primarily on Board input and reflect ongoing business concerns, the Chamber notes that wider member consultation is still to come, with a more comprehensive submission planned for the next budget cycle.

Focus: Fix the Fundamentals

The message is clear—St. Lucia must tackle longstanding structural challenges that continue to hold businesses back:

Low productivity

Skills shortages

Bureaucratic delays

Infrastructure bottlenecks

Growing safety concerns

Top Priorities Identified

The Chamber is calling for targeted action in five key areas:

Investment Policy: Fair and modern incentives that support local businesses and strengthen economic linkages

Ease of Doing Business: Faster, more efficient public services and real digital transformation

Skills & Labour: Stronger TVET, better alignment with industry needs, and new approaches like micro-credentialing & the development of a Skills Register.

Productivity & Competitiveness: A more focused and better-resourced National Competitiveness and Productivity Council

Infrastructure & Safety: Solutions for traffic, port congestion, water resilience, and improved public safety

Quick Wins That Matter

Among the immediate actions proposed:

Lower duties on smartphones to support digital access

Reduce vehicle parts duties to ease business costs

Improve enforcement of environmental and planning regulations

Address congestion in ports and along key transport corridors

From Talk to Implementation

The Chamber emphasizes that these challenges are not new—but solving them requires stronger follow-through and coordinated action.

The Chamber stands ready to work with Government to turn these priorities into practical results that drive growth, competitiveness, and opportunity for all.

Subscribe to our mailing list for updates on the latest news and upcoming events
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.