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St Kitts & Nevis: Milestone comes 12 years ahead of OECS' target

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  • "We have achieved this important milestone 12 years ahead of the OECS target date of 2030 and we are the very first independent state in the ECCU to achieve this superior milestone," the Prime Minister of St. Kitts and Nevis added.
  • "These surpluses on recurrent account, overall balance and primary balance are far in excess of our 2018 budget estimates by 115 percent, 243 percent and 116 percent, respectively.  Compared to the actual situation in 2017, we have outperformed ourselves,"the Honourable Prime Minister said, adding, "Simply put, the fiscal health of the federal government is far better in 2018 than it was in 2017.  Our net fiscal position speaks eloquently to the astute management of our fiscal affairs by the Ministry of Finance in particular and your government in general."
  • "We expect to deliver a number of homes to persons in East Basseterre next Tuesday, October 9th, 2018. This will bring to 223 the number ofhomes delivered under the aegis of the National Housing Corporation (NHC) since 2015.  Construction has started on another 35 units.
  • "Under the NHC’s HELP, we assisted 450 families to the tune of $10,000 in repairs and construction of bathrooms.  This was an effort to move our people away from the less sanitary pit latrines.
  • "Our First- Time Homeowners' Programme has assisted 413 personsbetween 2015 to 2018.  No Minister in the Team Unity Government has benefited under this programme.  We bade goodbye and good riddance to the bad practice of the former regime that allowed a Senator to be preferred in the programme.
  • "Our Government Employee Mortgage Financing Programme popularized as GEM has approved 62 applications.  The total mortgage financing committed is $10.5 million.
  • "The widely acclaimed Hurricane Rehabilitation Programme has provided assistance to 1,432 applicants/households.  It is the most comprehensive response ever to the felt need to rehabilitate our housing stock damaged by hurricanes."
  • "In this regard, Mr. Hilroy Brandy (pictured in inset) will act as Commissioner of Police effective October 1st, 2018," Prime Minister Harris announced.

Published October 4, 2018

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