by Kevon Browne
St. Kitts and Nevis (WINN): The Government of St. Kitts and Nevis has implemented another stimulus package, which features support to people who have made no income due to the COVID-19.
The government enacted a similar response to the COVID-19 impact at the pandemic’s start in March of last year.
But what is different from the 2020 stimulus package?
Well, in March 2020, the government introduced a EC$120 million stimulus package for people whose income was impacted as a result of the coronavirus pandemic, which included moratoriums on utilities, mortgages, and a three-month stipend.
Through the Social Security Board, EC$1,000 was given to people who lost their employment, were laid off, or had reduced hours with earnings less than $1,000 per month over three months.
Registered self-employed persons also benefited from the initiative.
In September 2020, assistance was given to approximately 3,000 people and was paid up to $1,000 per person for that month.
The current stimulus package, dubbed the 2021 Income Support Program, has one significant difference. Applicants should note that the package applies to people unemployed since March 31, 2020, and not receiving any form of income, according to the Financial Secretary in the Government of St. Kitts and Nevis, Hilary Hazel.
Mrs. Hazel, during her remarks on the July 13 broadcast of Leadership Matters, shared further guidelines for the 2021 Income Support Program.