{"id":155895,"date":"2022-07-16T09:35:50","date_gmt":"2022-07-16T13:35:50","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=155895"},"modified":"2022-07-16T09:35:50","modified_gmt":"2022-07-16T13:35:50","slug":"caribbean-neighbours-are-cushioned-against-high-cost-of-living-but-economic-powerhouse-has-nothing-to-offer-upp-notes","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/caribbean-neighbours-are-cushioned-against-high-cost-of-living-but-economic-powerhouse-has-nothing-to-offer-upp-notes\/","title":{"rendered":"Caribbean neighbours are cushioned against high cost of living, but \u2018economic powerhouse\u2019 has nothing to offer, UPP notes"},"content":{"rendered":"
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The United Progressive Party (UPP) is noting that several Caribbean governments have offered their people some form of relief from the high cost of living.\u00a0CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES.<\/strong><\/a><\/p>

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It points out that St. Kitts has given its civil servants a 10% salary increase and removed duties on food, while Jamaica has provided an electricity subsidy to more than 400,000 households.<\/p>\n

In St. Vincent & The Grenadines, the Government is heavily subsidizing fuel for the national electricity company in order to reduce the cost to households and businesses. That country currently has the lowest fuel prices in the OECS.<\/p>

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Grenada\u2019s government, meanwhile, is absorbing much of the fuel price increases \u2013 resulting in lower prices than in Antigua and Barbuda \u2013 and it is also supplying farmers with heavily discounted fertilizer.<\/p>

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In the meantime, the UPP says, the Gaston Browne economic powerhouse has no solutions to address the high cost of fuel, electricity and food.<\/p>\n

This has made it increasingly tough for many families to make ends meet, since wages have failed to keep up with the rapid price increases.<\/p>

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Pensioners tell REAL News the economic climate is especially hard on them since they live on a fixed income and payments are always late. They report that, up to today, July 15, they were yet to receive their pensions for June.\u00a0\u2014 REAL News<\/em><\/p>\n

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The United Progressive Party (UPP) is noting that several Caribbean governments have offered their people some form of relief from the high cost of living.\u00a0CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. 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