St. Kitts and Nevis Government writes off LIAT’s $11 million dollar debt
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St. Kitts and Nevis Government writes off LIAT’s $11 million dollar debt
St. Kitts and Nevis Government writes off LIAT’s $11 million dollar debt
That was Prime Minister and Minister of Finance, Dr. the Hon. Timothy Harris.
LIAT which means (Leeward Islands Air Transport) the Antigua based sub-regional air carrier, faced a period of uncertainty, after it emerged that it urgently needed an immediate cash injection of at least US$5 million to remain in operation earlier this year.
Prime Minister Harris on December 1st, listed the reasons for the government’s decision to forgive the debt LIAT owed: