Minister of Human Settlement, the Honourable Eugene Hamilton, noted the partnership between the government and the Development Bank has had a positive impact on the people of St. Kitts and Nevis during comments to the National Assembly.
“The Development Bank has been a vehicle that has been a champion for the construction of homes for ordinary people in the federation Mr. Speaker,” said Minister Hamilton, noting over the past five years, 500 persons have benefited from the First Time Homeowners Programme of the government through the Development Bank
The minister highlighted the collaborative effort known as the Civil Service Programme, where the government put $30 million into the Development Bank to ensure that public servants — some of whom could not get loans from ordinary banks — to finance building their homes was a sign that the government was delivering what it has promised to the people of St. Kitts and Nevis.
“There has been progress and we know that there is much more to do and we will not turn back now because we are the ones who have shown that we can deliver to the people of St. Kitts and Nevis and we will do that in our next term again,” he said.
Government Initiatives Help Hundreds of Farmers
Minister of Agriculture, Honourable Eugene Hamilton, said the government has assisted hundreds of farmers in the Federation through low-interest rate loans, government grants and hurricane relief funds while speaking during Parliament Wednesday.
“We have provided hurricane relief, for example, Mr. Speaker, in excess of 1.3 million dollars to our five hundred farmers after the 2017 hurricanes that caused significant loss and damage to some of our farmers in St. Kitts and Nevis,” he said, citing actions taken by the government since it took office in 2015. “We went further Mr. Speaker and provided 1.5 million dollars in loans at low-interest rate at 5 percent to assist farmers in conducting their business.
“And even further Mr. Speaker, we provided one million in grant funds through the Development Bank. One million dollars in grant funds Mr. Speaker, went on to help over two-hundred and thirty persons … who benefited from this particular programme,” he added. “The farmers in this country have had significant contributions and were the beneficiaries of the government’s programme to help to rehabilitate those who had lost from the hurricanes as well as those to grow and help develop their business.”