Close Menu
Asberth News Network
    Facebook Instagram
    • Home
    • Privacy Policy
    • Terms of use
    • Download App
    Facebook Instagram
    Asberth News Network
    • Home
    • Latest News
    • Breaking News
    • Local News
    • Regional/International News
    • Sports
    • Opinion
    • Back to School
    Asberth News Network
    Home»Main Story»ST Kitts – NO DOUBLE! NO DIVIDEND! PUBLIC OUTRAGE
    Main Story

    ST Kitts – NO DOUBLE! NO DIVIDEND! PUBLIC OUTRAGE

    December 18, 2024Updated:December 18, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Email Telegram WhatsApp
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Advertisements

    St Kitts Nevis Times – After nearly five and a half hours of anticipation, Prime Minister and Minister of Finance Dr. Terrance Drew left civil servants and Social Security contributors deeply disappointed during his budget presentation. Despite high hopes for a double salary or a $1,000 dividend, neither materialized. Instead, PM Drew announced two initiatives:

    Advertisements

    A six-month VAT reduction from 17% to 13%.
    An income support program, offering $250 per month to individuals earning up to $5,000 for six months.
    The announcements sparked widespread criticism, with citizens expressing frustration and disbelief across social media.

    Kandia Warner questioned the temporary VAT cut: “Why not 13% indefinite?”
    Adele T. McClendon countered: “Why not 10%?”
    Michelle Dore demanded more: “He should a put it to 5%. Things real hard a SKN.”
    Jacob Benjamin warned: “And then he gunna carry it up to 25%. It’s smoke and mirrors wid dese people.”
    Rachida Maynard dismissed the measures as insufficient: “So what happen to the next 6 months? Strupes! Another bandage!”
    Dwight R. Wilkinson criticized the timing: “He doesn’t understand finance. VAT reduction at the slowest period in sales makes no sense.”
    Even social commentators chimed in, highlighting the dire state of the economy. One noted: “PM Drew is admitting that things hard when you give those making over $4,000 relief. Just imagine a manager in a private company needs $250 per month to cover basic necessities. PM Drew’s initiative is telling. Things not going well!”

    Advertisements

    The sentiment reflects a growing frustration among citizens who feel that the government’s measures lack the impact necessary to address escalating financial struggles. The absence of a double salary or a dividend, combined with what many perceive as half-measures, has deepened concerns about the Drew administration’s approach to economic recovery.

    Advertisements
    Advertisements
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Five Bold Entrepreneurs to Compete in Business Pitch Competition at the Men’s Empowerment Project

    July 4, 2025

    SVBL Launches “Smart Sips” Campaign for Vincy Mas 2025

    July 4, 2025

    Plain Talk -Carnival is more than a Fete

    July 4, 2025

    World Pediatrics Orthopedics Team Returns to SVG, Performs 19 Life-Changing Surgeries

    July 4, 2025
    Add A Comment

    Comments are closed.

    Advertisements
    • Home
    • Latest News
    • Breaking News
    • Local News
    • Regional/International News
    • Sports
    • Opinion
    • Back to School
    Our Socials
    • Facebook
    • Instagram
    ANN

    Asbert News Network is the premier destination for local, regional and international news in St. Vincent and the Grenadines. It’s tomorrow’s news today.

    © 2025 Asbert News Network
    • Home
    • Privacy Policy
    • Terms of use
    • Download App

    Type above and press Enter to search. Press Esc to cancel.