Saint Kitts and Nevis Ranks Number #1 in Business Report
St. Kitts and Nevis has ranked number one in the Caribbean Community (CARICOM) in the 2016 Doing Business Report. The report is issued annually, and compares regulatory quality and efficiency in business, as well as the protection of property rights.
Appearing on local radio and television, Kennedy DeSilva, Deputy Comptroller at the St Kitts and Nevis Customs and Excise Department, detailed the efforts of the country’s public sector in achieving the standards now recognized by the World Bank.
He noted that to get there was not an easy feat as there was a lot of competition. “We used the automation a lot, we used risk management a lot, we used selectivity a lot so that we target only what we need to target and this is a smarter approach of doing things and that was a result of that. We are pleased with that.”
Prime Minister, Dr Timothy Harris: “This is, by far, a laudable commendation for the work of the Customs and Excise Department because at closer examination of this World Bank ranking, it must be understood that the report surveys the level of satisfaction of the local business community, customs brokers and other stakeholders in our local trading sector.”
The Government and the Department is working to establish St Kitts and Nevis as the number 1 destination for business in Latin America and the Caribbean.