Second Reading of Three Bills Scheduled for the National Assembly on Monday, August 11, 2025

The National Assembly of Saint Kitts and Nevis is scheduled to convene on Monday, August 11, 2025, at 10:00 a.m. at the National Assembly Chambers in Basseterre. This session marks a continuation of the government’s commitment to advancing its good governance legislative agenda, with three significant bills slated for their second reading. The session will be broadcast live on ZIZ Radio (96 FM), affiliated radio stations, and televised on Channel 5 in St. Kitts and Channel 98 in Nevis. Online streaming will also be available via www.zizonline.com, ensuring broad public access to the proceedings. The St. Kitts and Nevis Information Service will publish copies of the bills on their website, www.sknis.gov.kn, under the “Bills” section, as well as on their Facebook page.

The three bills scheduled for their second reading are the Special Sustainability Zones Authorisation Bill, 2025, the Banking (Amendment) Bill, 2025, and the Eastern Caribbean Asset Management Corporation Agreement (Amendment) Bill, 2025. These bills were introduced and received their first reading on July 31, 2025. The second reading signifies a crucial stage in the legislative process, allowing for detailed debate and scrutiny of the proposed legislation by members of the National Assembly. The Honourable Prime Minister, Dr. Terrance Drew, who also holds ministerial portfolios for Finance, National Security, Citizenship and Immigration, Health, and Social Security, will lead the presentation of the bills for their second reading. This underscores the significance of these legislative initiatives to the government’s overall policy agenda.

The Special Sustainability Zones Authorisation Bill, 2025, likely addresses the establishment and regulation of designated areas designed to promote sustainable development. This could encompass various aspects, including economic diversification, environmental protection, and community development within these zones. The bill may outline specific incentives, regulations, and governance structures for these areas to attract investment and foster sustainable practices. Further details regarding the specific aims and provisions of the bill will be revealed during the second reading and subsequent debates.

The Banking (Amendment) Bill, 2025, suggests modifications to existing banking legislation in St. Kitts and Nevis. This could encompass a range of areas, such as strengthening regulatory frameworks, enhancing financial stability, modernizing banking practices, or addressing emerging challenges in the financial sector. The specific amendments being proposed will be clarified during the second reading, providing insights into the government’s objectives for enhancing the banking sector and ensuring its resilience. This amendment bill reflects the dynamic nature of financial regulations, necessitating ongoing adjustments to maintain stability and adapt to evolving global financial landscapes.

The Eastern Caribbean Asset Management Corporation Agreement (Amendment) Bill, 2025, pertains to St. Kitts and Nevis’s participation in the Eastern Caribbean Asset Management Corporation (ECAMC). The ECAMC plays a crucial role in resolving non-performing assets within the Eastern Caribbean Currency Union (ECCU), contributing to financial stability within the region. The amendment bill likely proposes modifications to the existing agreement governing the ECAMC, potentially addressing issues related to its operations, governance, or mandate. The specific nature of these amendments will become clearer during the second reading and subsequent discussions in the National Assembly.

The government’s emphasis on good governance is reflected in the nature of the bills being presented. The Special Sustainability Zones Authorisation Bill, 2025, addresses the need for balanced development that considers economic, social, and environmental factors. The Banking (Amendment) Bill, 2025, aims to strengthen the financial sector, a critical component of a well-functioning economy. The Eastern Caribbean Asset Management Corporation Agreement (Amendment) Bill, 2025, underscores the importance of regional cooperation in maintaining financial stability. These legislative initiatives collectively contribute to creating a more robust and resilient economic and social framework for St. Kitts and Nevis.

The upcoming National Assembly session represents a significant step in the legislative process for these three important bills. The second reading will provide an opportunity for thorough debate and scrutiny, allowing members of the Assembly to contribute their perspectives and ensure the legislation effectively addresses the needs of the nation. The public is encouraged to follow the proceedings via the various broadcast and online platforms to stay informed about these developments and their potential impact on St. Kitts and Nevis. The availability of the bills on the government’s website and social media platforms further promotes transparency and public engagement in the legislative process.