Basseterre,St.Kitts May 16 2020 (SKNVIBES)
Prime Minister and Minister of Finance, Dr. the Honourable Timothy Harris, has stated that where the former Denzil Douglas administration bankrupted the economy and went crawling to the International Monetary Fund (IMF) for help, his Team Unity administration’s prudent fiscal management stabilized the country’s economy and put St. Kitts and Nevis on the right growth path.
Prime Minister Harris was at the time speaking on WINN FM 98.9’s Inside the News programme on Saturday, May 16, 2020. He was joined on that show by the Director of Social Security, Mr, Antonio Maynard and Deputy Director of Social Security, Mr. Vernel Powell.Under the former administration, St. Kitts and Nevis’ total public debt skyrocketed to an estimated US $1.05 billion.
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