Payroll obligations fulfilled over the last 5 months despite Economic Lull

Payroll obligations fulfilled over the last 5 months despite Economic Lull

That was Prime Minster – Dr. the Hon Timothy Harris.

 

St. Kitts and Nevis, much like other countries have felt the strain on their economies due to the pandemic.

Factors such as the closure of borders, fewer flights into countries, mandatory curfews to control community spread, reduction in capacity in places of business both in the public and private sectors, etc. have contributed to a weakened flow of income.

 

To mitigate this, the St. Kitts and Nevis (SKN) government announced a 120 million dollar Stimulus Package in March 2020 to buffer the economic fallout.

 

Prime Minister Harris also spoke on the number of government employees that depend on the paychecks:

 

 Prime Minister Timothy Harris.

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