2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 50

We expect that the Centre will begin operations shortly.
We shall have much more to say about this in the coming
weeks.
Beyond the streamlining of the Business Licence
process, we also announced a waiver of Business Licence
fees for small businesses with turnover under $100,000 that
will take effect with the next filing period.
Economic Diversification
through the Digital and Blue Economies
The Government has a stated objective of pursuing
the further diversification of our economy as a means of
supporting more buoyant and resilient economic growth. To
that end, we have secured a non-reimbursable grant from the
Inter-American Development Bank in the amount of
$500,000 to finance a three-year technical cooperation
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