News

Published 08 October 2018

Buckie Got It, St. Kitts and Nevis News Source

Government Employee Mortgage Finance Programme administered by Development Bank moving apace  

BASSETERRE, ST. KITTS, October 8, 2018 (PLP PR Media Inc.) — Government employees are praising the Team Unity Administration for giving them the opportunity to acquire property through the $30 million Government Employee Mortgage Financing Programme they are now appropriately calling ‘GEM’ Programme that is being administered by the Development Bank of St. Kitts and Nevis (DBSKN).

Read More...

Published 08 October 2018

Buckie Got It, St. Kitts and Nevis News Source

PM Harris outlines how his administration got St. Kitts and Nevis on the right fiscal track

St. Kitts and Nevis’ debt-to-GDP ratio reaches the international benchmark of 60 percent under PM Harris’ history-making Team Unity administration, making it the very first independent state in the Eastern Caribbean Currency Union (ECCU) to achieve this important milestone.

Click here to view video: PM Harris outlines how his administration got St. Kitts and Nevis on the right fiscal track

“Some may ask how we got there,” PM Harris said. “We got there because we were committed from the beginning to excel where our predecessor had failed,” Prime Minister Harris told the nation last Thursday, October 4th, 2018 during his monthly press conference.

“This is a herculean achievement,” PM Harris said. “We achieved this milestone in spite of our comprehensive response in the aftermath of two Category 5 hurricanes that necessitated unbudgeted expenditures, particularly by the Ministry of National Security, Human Settlement, Education and the Public Sector Ministries, to name a few.  We supported in cash the relief efforts of other countries – St. Maarten/St. Martin, Dominica, Antigua and  Barbuda, and Anguilla,” Prime Minister Harris said on Thursday, adding, “Today, we are standing as the fiscally strongest country in the OECS and I’m certain within the Caribbean region, so this is a herculean achievement of which all of us must take pride.“

Read More...