COVID-19 affected workers to get $1000 assistance every month
St Kitts and Nevis government announced on Tuesday that the people who have been affected by the new Coronavirus (COVID-19) would get income assistance of $1000 per month from April 1, 2020, under social security benefits scheme.
2024-07-07 15:19:32

- St Kitts and Nevis’ borders are being closed to all commercial airline flights from midnight March 25 to April 7.
- An additional $16.9M for the health system of SKN.
- Postponement of property tax payments from June to September.
- Removal of VAT and import duties for six months on specific hygiene items.
- Removal of import duties and customs service charges for six months on vegetables, fruits, juices, cough and cold preparations and vitamins.
- Water payments will be waived for consumption from April to June.
- Reduction of the corporate income tax rate from 33% to 25% from April to June. (Businesses who retain at least 75% of their employees)
- 50% reduction of the unincorporated business tax rate from 4% to 2% from April to June.
- $10M to boost production in the Agriculture Sector.
- Farmer’s water payments will be waivered.
- $5M to support Poverty Alleviation Programme.
- An income assistance fund to support workers with $1000 per month. (will also include self-employed persons)
- $12M to capitalize Severance Payment Fund.
- SKN Development Bank will facilitate a loan repayment moratorium for six months.
- NHC will implement a moratorium on mortgages for three months.
- SKELEC and NEVLEC will implement a moratorium on payments for electricity services.
- $5M for Fresh Start Programme.
- Funding to be provided for mortgage loans worth $30M to SKN citizens
- Reprioritize and accelerate the implementation of approved capital projects.
Monika Walker is a senior journalist specializing in regional and international politics, offering in-depth analysis on governance, diplomacy, and key global developments. With a degree in International Journalism, she is dedicated to amplifying underrepresented voices through factual reporting. She also covers world news across every genre, providing readers with balanced and timely insights that connect the Caribbean to global conversations.
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