{"id":192181,"date":"2023-12-14T10:37:19","date_gmt":"2023-12-14T14:37:19","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=192181"},"modified":"2023-12-14T10:37:19","modified_gmt":"2023-12-14T14:37:19","slug":"st-kitts-unprecedented-financial-relief-measures-in-2024-budget-address","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/st-kitts-unprecedented-financial-relief-measures-in-2024-budget-address\/","title":{"rendered":"ST. KITTS: Unprecedented Financial Relief Measures in 2024 Budget Address"},"content":{"rendered":"
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Basseterre, Saint Kitts and Nevis, December 14, 2023 (Press Secretary, PMOSKN) –<\/strong>\u00a0In a groundbreaking 2024 Budget Address on December 13, 2023, Prime Minister Hon. Dr. Terrance Drew instituted a series of transformative financial relief initiatives, providing much-needed support to the Federation of Saint Kitts and Nevis.<\/p>

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The announcement of an eight percent (8%) general salary increase for all civil servants and pensioners, effective January 1st, 2024, was made with the recognition of their invaluable contributions to the government service<\/p>\n

\u201cThis increase reflects our appreciation for your contributions to the Government service as we firmly believe that your efforts should be recognized and fairly compensated\u201d, Prime Minister Drew stated.<\/p>

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In a show of further appreciation, a Christmas Bonus equivalent to fifty percent (50%) of their salary will be granted to all civil servants and Government Auxiliary Workers (GAEs), including Pensioners and STEP workers, on December 21st, 2023.<\/p>

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<\/p>\n

Not limiting the generosity to the civil service, Prime Minister Drew announced a groundbreaking “Workers\u2019 Bonus” initiative, granting non-civil servants a bonus of five hundred dollars (EC$500.00) during the month of December. This bonus will be disbursed through the Saint Christopher and Nevis Social Security Board, marking a historic move in the Federation and the Caribbean.<\/p>\n

<\/p>\n

He stated, \u201cWe don\u2019t want to just leave the bonus, of course, at this time when the economy has not fully recovered, to just the civil servants. We also want to give a bonus to those who are not in the civil service\u201d.<\/p>

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Prime Minister Drew emphasized that this unprecedented Workers\u2019 Bonus is the first of its kind in the region, directly disbursed by the Government to non-civil servants.<\/p>\n

He noted that these individuals, crucial to the private sector, have faced substantial financial challenges exacerbated by the COVID-19 pandemic. Acknowledging their resilience and dedication, the Government has chosen to express gratitude through this landmark financial relief initiative.<\/p>

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Basseterre, Saint Kitts and Nevis, December 14, 2023 (Press Secretary, PMOSKN) –\u00a0In a groundbreaking 2024 Budget Address on December 13, 2023, Prime Minister Hon. Dr. Terrance Drew instituted a series of transformative financial relief initiatives, providing much-needed support to the Federation of Saint Kitts and Nevis. The announcement of an eight percent (8%) general salary […]<\/p>\n","protected":false},"author":3,"featured_media":192182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-192181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nST. 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