Basseterre, St. Kitts, May 14, 2020 (SKNVIBES)
The prudent manner in which the Team Unity-led administration has managed the fiscal resources of the country, over the last five years, has undoubtedly transformed St. Kitts and Nevis from a nation of indebtedness to one that is now regarded as one of the best managed small island states.“Our fiscal management of our public finances, has been second to none. We paid off $117 million IMF debt left by our predecessors. We have recorded surpluses and positive economic growth every year of our tenure.
The prime minister noted that it is that successful management of the country’s resources that allowed the Team Unity Government to pay the public servants a double salary four consecutive years, and allowed them to respond with a comprehensive $120-million stimulus package to assist persons whose earnings were impacted during this period of global crisis brought on by the COVID-19 disease.
The post Prime Minister Harris touts St. Kitts and Nevis’ strong fiscal position under a Team Unity Administration appeared first on inSKN :: St. Kitts Nevis.