Basseterre,St.Kitts October 14 2020 (SKNVIBES)
The COVID-19 pandemic has caused dramatic decline in the economic growth around the world.  All countries – small, medium and big – were and still are negatively affected by the pandemic.
Here in St. Kitts and Nevis, the second quarter of 2020 witnessed the closure of our manufacturing plant and tourism industry. Luckily, our manufacturing plant is now back to about 90 percent of its employment level and our tourism industry will reopen on October 31st, 2020, with our hotels and guest houses recalling some of their workers to work.
To help our employees keep their heads above water, my Government formed several relief and support measures, including the waiver of water payments for 6 months (April to September) for those who suffered as a result of COVID-19, a moratorium on electricity payments, and a moratorium to those with mortgages to commercial banks. To date, over 2,000 holders of mortgages valued at over $400 million have benefitted.
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