Dy PM Shawn Richards: SKN growth rate above global average with 3.5 percent
Small Caribbean island St Kitts and Nevis’ budget was presented before Parliament by Prime Minister Dr Timothy Harris, later which the several ministers and Parliament members participated in the Budget 2020 debates.

Small Caribbean island St Kitts and Nevis’ budget was presented before Parliament by Prime Minister Dr Timothy Harris, later which the several ministers and Parliament members participated in the Budget 2020 debates.
Deputy Prime Minister of SKN, Shawn Richards said during debate on 19 December that the country is projected to have an above-average growth rate of 3.5 percent in the year 2020, besting most Caribbean and Latin American nations.
During his address, Dy PM said, “It says globally, the growth rate is expected to be 3.4 percent and the average for Latin America and the Caribbean is expected to be 1.8 percent. Whereas, SKN is expected to be at the same 3.5 percent again above the global average and above the average of Latin America and the Caribbean.”
He also added that when we compare other Caribbean islands to St Kitts and Nevis, we are performing way better than any other island.
It is evident that in the year 2019, SKN’s expected growth rate was also recorded at 3.5 percent, which is higher than any of the Caribbean countries with the exception being Antigua and Barbuda, which recorded highest at 4.0 percent growth rate in the whole Caribbean.
Author Profile
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.
Latest
- Saint Lucia: K-9 Dog Tyson laid to rest with Military honors...
-
Saint Lucia records 48th homicide of 2025 as Gros Islet Shoo... -
Israel-Qatar Tensions Escalate: Doha hosts emergency Arab-Is... -
Trinidad: Newborn baby dies 2 days after birth, police launc... -
Arima North Secondary fight caught on camera, parents raise...