Prime Minister and Minister of Finance, the Honourable Dr. Terrance Drew, announced the “Budget Boost Wallet” (BBW) initiative during his 2025 Budget presentation on Monday.
This innovative initiative will provide direct financial relief to eligible individuals earning EC $5,000 or less per month, by offering EC $250 per month for the first six months of 2025.
The extra funds can be used for essential expenses, including groceries, household items, and the paying of utility bills.
This programme will inject over $33 million into the hands of the people over the six-month period to help them to meet daily needs and reduce financial stress.
“As a caring government, we believe it is only right to give back to you, the people, to help ease the burden of rising living costs and put more in your pockets,” Prime Minister Drew added. The prime minister also used the occasion to urge citizens to adopt prudent financial practices wherever possible.