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HomeNewsRegional NewsGovt Gives $5 Billion to Citizens to Deal With Pandemic Effects

Govt Gives $5 Billion to Citizens to Deal With Pandemic Effects

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(Trinidad Guardian) Finance Minister Colm Imbert yesterday listed $5 billion worth of help the Government has given to citizens to deal with the adverse effects of the COVID-19 pandemic.

But he has warned that “now we are not, as a Government or a country, able to do all of this again.”

What the Finance Ministry is able to do Imbert said is find money to help citizens who have lost their jobs or had their income cut because of the government’s COVID-19 measures get through this month.

“So for persons who lost employment at the beginning of May because of the restrictions put in at that time on the hospitality industry, in particular, we will provide a grant of $1500. And for persons why may have lost their employment just in the last couple days we will provide a grant for $1000 and that is just for the month of May,” Imbert said during a virtual press conference held by the Finance Ministry yesterday.

At least 20,000 people are expected to be eligible for the two grants, Imbert said.

The grants are budgeted to cost tax

Up to last month, Imbert said the Finance Ministry paid out 85,447 Salary Relief Grants.

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