The National Insurance Services (NIS) reserves as ratio to total expenses is declining. So says Minister of Finance Camillo Gonsalves during last Thursday’s sitting of the House of Assembly. The Finance Minister was at the time explaining the findings of the 11th Actuarial Review of the NIS and the World Bank’s Reserve Advisory…
Minister of Finance, Camillo Gonsalves, is assuring the Vincentian public that there is “no need to panic”, as the government prepares to implement measures to reform the National Insurance Services (NIS).
Kingstown – St Vincent and the Grenadines Finance Minister Camillo Gonsalves has warned that reform to the pension and benefit structure of the National Insurance Services (NIS) can begin as early as next year. Gonsalves wa briefing lawmakers on the finding of the 11th actuarial review of the National Insurance Services (NIS) and an independent analysis of the actuarial review, conducted by the World Bank’s Reserve Advisory and Management Partnership (RAMP). …
KINGSTOWN, St Vincent (CMC) – St Vincent and the Grenadines Finance Minister Camillo Gonsalves says reform to the pension and benefit structure of the National Insurance Services (NIS) could begin as.