Published 6 July 2024
Buckie Got It, St. Kitts and Nevis News Source
Greetings,
Hon Prime Minister Dr Terrance Drew recently posted a series of construction projects currently underway.
He will now post a series of socioeconomic policies that are benefitting all of our people.
Today, I will begin with higher education. It is the goal of this government to increase significantly access to post secondary education.
We have added the Southern University option where we are already sending students to further their education.
We have also opened up the technical vocational training to Germany where students are preparing to go.
Additionally, we have lowered the interest rate at the Development Bank from 9% to 5%, making it one of the lowest in the region and the lowest in our history, while freezing interest payments for 4 and 1/3 years. This is saving each student upwards of $25,000.
We restarted the program by injecting $10,000,000 into the Development Bank for as we all know the Bank was left in financial ruin by the previous administration.
We must continue to build our human resource capacity through academic and technical/vocational routes.