SVG Gov’t To Write Off Over $14 Million Owed By LIAT

The Government of St Vincent and the Grenadines (SVG) will write off over $14 million that it is owed by LIAT 1974 Ltd in Administration.

Speaking on NBC Radio on Wednesday, Prime Minister Dr Ralph Gonsalves said he received a letter on August 25 from the Administrator of the grounded regional airline, asking that its debts be waived.

He said the total debt the carrier owes SVG is just over $14.5 million, of which $12 million is owed to the Argyle International Airport.

“I have no problem in writing off the debt that LIAT owes to us,” The Prime Minister said.

By News784

News784 posted this article. You can send press releases and news ideas to