BASSETERRE, St. Kitts – Prime Minister Dr. Timothy Harris says government expects an EC$188 million (one EC dollar = US$0.37 cents) fallout in revenue over the first six months of this year as compared to the same period last year, due to the impact of the coronavirus (COVID-19) pandemic.
“Harris”“The coronavirus pandemic has disrupted our lives, put persons out of work, and undermined the ability of fathers and mothers to care for themselves and their families,” Harris said on his weekly radio and television program late last month. “… This health and economic crisis has no precedent and no template to guide us.”
Harris said his government’s strategy has been to contain the economic recession, avoid the loss of lives and restore the country to pre-COVID-19 levels of economic activity followed by expanding growth rates.
Harris said his administration, which was recently re-elected to office, has been able to reduce the cost of servicing the public debt, freeing up funds, which are now being used for building roads.
