Around the Caribbean

IRC Embarks on Site Visits to Assess Ongoing Electricity Generation Projects

In 2025, the Independent Regulatory Commission (IRC) will conduct site visits to assess various electricity generation projects, as part of its mandate to ensure a reliable and adequate electricity supply. The goal of these projects is to build generation capacity to meet the increasing demand for energy nationally, while also reducing the Dominica Electricity Services Ltd. reliance on fossil fuels for electricity generation.

Prime Minister Pierre Announces Plans for Sovereign Wealth Fund

Prime Minister Hon. Philip J. Pierre and the Cabinet of Ministers are finalising plans to establish Saint Lucia’s first-ever Sovereign Wealth Fund (SWF).The government will allocate the returns generated by our SWF to a savings fund for Saint Lucians. The savings from the SWF will enhance social security programmes and improve the government’s ability to support Saint Lucians who need it most.