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Funding from CBI being used to save Development Bank and other initiatives say PM Drew

During a Roundtable discussion with Prime Minister of St. Kitts and Nevis, Hon. Dr. Terrance Drew, Minister Drew spoke about the Citizenship by Investment Programme and the distribution of its revenue.

 

 

 

With all the talk in the community about whether Kittitians and Nevisians will shortly receive a CBI Dividend following the halfway point in the year (six months), Dr. Drew stated that there are other national projects which are currently the recipients of CBI revenue, including the stabilization of the St. Kitts-Nevis Development Bank and preparing for possible impact in the midst of the hurricane season.

 

 

 

Minister Drew spoke on the urgency of securing the Development Bank:

 

 

 

 

 

 

He also spoke about the possible impact it could have on the Social Security Fund:

 

 

 

Hon. Dr. Terrance Drew.