The Government of Saint Lucia has announced that Prime Minister and Minister for Finance Philip J Pierre will deliver the country’s 2026/27 Budget Policy Statement on Tuesday, April 21, at 5:00 p.m. in the House of Assembly.
According to a statement issued by the Office of the Prime Minister (OPM) on April 16, the formal proceedings will begin earlier in the day with the Throne Speech, scheduled for 10:00 a.m. and to be delivered by Felix Finisterre, Deputy to the Governor General.
The government confirmed that the upcoming budget, valued at $2.18 billion, will be the largest in the nation’s history.
“At $2.18 billion, the Government’s 2026/27 Budget is the largest in Saint Lucia’s history and stands as another major step in the administration’s drive to expand opportunity, strengthen communities and keep national development moving in the right direction,” the statement said.
The OPM emphasized that the budget was developed through broad consultation with key public sector stakeholders.
“Crafted by Prime Minister Pierre in close consultation with the Cabinet of Ministers, Permanent Secretaries, Heads of Departments and senior public officers, this budget is rooted in a simple but decisive principle that the people of Saint Lucia must feel the benefits of growth,” the statement noted.
The administration underscored that the fiscal package is intended to deliver tangible outcomes rather than symbolic measures.
“This is not a budget designed to look good on paper. It is a budget designed to work for the people, to lift the vulnerable, support those ready to advance, and ensure that no citizen and no community is pushed to the margins of national development,” the statement continued.
Government said the budget will build on existing initiatives while creating new opportunities across key sectors.
“From community development initiatives to critical capital projects, the 2026/27 Budget will build on the progress already made and create new openings for growth, investment and job creation across the productive sectors,” it added.
The Prime Minister has also maintained that development must have a direct and visible impact on citizens.
“Development cannot be an abstract idea discussed from a distance. It must reach families, it must touch communities, and it must improve lives,” the statement said.
The Budget Address will be broadcast live on the National Television Network, Saint Lucia FM, and other participating media platforms from 5:00 p.m.
Debate on the Appropriations Bill is scheduled to begin on Wednesday, April 22, from 10:00 a.m., with all elected Members of Parliament expected to contribute.
“The Government invites all Saint Lucians to tune in as the Prime Minister outlines a budget that speaks to the needs of the people, responds to the demands of the moment and charts the next phase of Saint Lucia’s development,” the statement concluded.