THE VINCENTIAN PDF-27-03-20

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FRIDAY,

MARCH 27, 2020

VOLUME 114, No.13

Border cosing? No way! Page 15

www.thevincentian.com

Social distancing ignored Page 28

NIS advance payments Page 3

EC$1.50

COVID-19 Vox Pop Page 13

Blackfish findings Page 22

During an address to the nation on Wednesday 26th March, 2020, Prime Minister Dr. Hon. Ralph Gonsalves shared plans to relieve the strain on Vincentians during this COVID-19 pandemic.

by DAYLE DA SILVA and WILLIAM ‘KOJAH’ ANTHONY WITH COUNTRIES ACROSS THE GLOBE, St. Vincent and the Grenadines being no except, expected to endure severe economic slowdowns if not meltdowns, this country’s government has outlined a Relief/Recovery/Stimulus package to ease the burden of its citizens. The measures were

announced by Prime Minister Dr Ralph Gonsalves in a nearly hour-long address last Wednesday (March 25) evening. The estimated cost of the package is put at EC$74.05 million. Sources of this revenue include The World Bank, International Monetary Fund, United Arab Emirates, the East Caribbean Central Bank

and the Contingency Fund of the Government of St. Vincent and the Grenadines. Support will also come from local entities to include National Insurance Services, SVG Port Authority, Agricultural Input Warehouse and the East Caribbean Group of Companies. “The Arrowroot Association, Central Water and Sewerage Authority,

VINLEC, Telecom Companies, the Private Sector, workers and trade unions, farmers, fisherfolk, all state employees, and all Vincentians, are expected to play significant roles in our economic recovery,” the Prime Minister indicated.

Banks, etc Among the measures the

Prime Minister listed, was an agreement that will see commercial banks, credit unions and other financial institutions deferring the payment of principal and interest on home mortgages, business loans, personal and consumer loans, and credit cards. “All these financial institutions will further Continued on Page 3.


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