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Dominica's Prime Minister Highlights Citizenship by Investment Programme's Role in Economic Growth

By Editorial Staff

TL;DR

Prime Minister Skerrit highlights the significant role of the Citizenship by Investment Programme in shaping Dominica's socioeconomic landscape.

The recent Memorandum of Agreement among OECS countries emphasizes harmonized legislation, standard application procedures, and uniform due diligence processes.

The CBI Programme has been a cornerstone of Dominica's economic strategy, propelling the nation towards prosperity by fostering economic growth, job creation, and strengthening health and educational infrastructure.

The Dominica CBI Programme continued generating revenues 48 to 72 hours after Hurricane Maria, showcasing its enduring value as a catalyst for progress and sustainable development.

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Dominica's Prime Minister Highlights Citizenship by Investment Programme's Role in Economic Growth

Prime Minister Roosevelt Skerrit of Dominica recently highlighted the transformative impact of the Citizenship by Investment (CBI) Programme on the island's socioeconomic development during his visit to Dubai. The programme, a key component of Dominica's economic strategy, has significantly contributed to economic growth, job creation, and the enhancement of health and educational infrastructure.

In his address, Prime Minister Skerrit underscored the importance of maintaining high standards of transparency and integrity within the CBI Programme. He also advocated for greater unity and collaboration among Caribbean nations that offer similar programmes, pointing to the recent Memorandum of Agreement among Organisation of Eastern Caribbean States (OECS) countries as a step forward in achieving harmonised legislation and standardised procedures.

The Prime Minister's speech shed light on the broader implications of the CBI Programme, not just for Dominica but for the Caribbean region as a whole. By fostering economic resilience and regional cooperation, the programme serves as a model for sustainable development. For more information on the CBI Programme, visit https://www.cbiu.gov.dm.

This development is particularly relevant for business and technology leaders interested in global economic trends and investment opportunities. The emphasis on regional collaboration and standardised processes could pave the way for more streamlined and secure investment channels, offering a blueprint for other regions to follow.

Curated from News Direct

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Editorial Staff

Editorial Staff

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