SVG Gov’t May Not Be Able To Pay Salaries In The Coming Months

(By Ernesto Cooke) – As the pandemic drags on and with low uptake in vaccines, it appears that St Vincent and the Grenadines is on the long road to recovery.

Prime Minister Ralph Gonsalves, on Wednesday morning, said the government might not be able in the next couple of months to pay salaries.

“In one or two months, or sometime if the strained economic activity continues, the government may not have the 30 million to pay civil servants and contribute to the NIS for pensioners payments”.

Gonsalves says they have held the economy together; however, there is real pressure on the government.

“Our revenue dropped by 15 million, and we recouped in February; that’s because there were a couple of big alien landholding license transactions from Mustique; there is a couple more in the pipeline”. Gonsalves said.

The World Bank indicates that St Vincent’s economy is expected to grow by 0.2 percent in 2021.

Ernesto Cooke

Ernesto Cooke has been a radio broadcaster for over twenty years; he was a news reporter at WEFM before joining News784. In addition, he has written for the New York Times and reported For the BBC during the La Soufriere eruptions of 2021.

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Comments (1)

  1. So once civil servants refuse to take the covid trial drug and whatever else they have in their so-call vaccine, the prime minister decides that payment of salaries will become a problem. So is this a threat, expression of its evil intent against the people of St. Vincent and the Grenadines. Remember GOD IS IN CONTROL!!!