COVID-19 Stimulus Package Extended For Another Three Months

Basseterre, St. Kitts, July 15, 2020 (ZIZ News): 

By: Chaïra Flanders

Cabinet has approved proposals to extend the COVID-19 stimulus package until September 2020.

This announcement was made following the formal meeting chaired by Prime Minister Dr. The Honourable Timothy Harris on Monday July 13.

While delivering a brief overview of the meeting, Director General of the St. Kitts Nevis Information Service, Lesroy Williams said that the Financial Secretary and the Deputy Financial Secretary presented the proposals to extend the stimulus package and also for a recovery plan to enable the Federation to get back on a sound financial footing. The proposals were approved following those presentations.

“The Cabinet approved the proposals to extend the stimulus package further, but some areas will have to be tweaked in an effort to spread the social safety net to encompass a larger section of society.

During the meeting, Cabinet also discussed the idea of reopening St. Kitts and Nevis’ borders, how long the country’s borders can be kept closed having regard to the economics of closure, the risks that the Federation would be exposed to, the capacity of the health sector when dealing with limited open borders, the public’s ability to protect themselves and the Federation and infrastructural changes and retrofitting that would be needed to accommodate the reopening.

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