The Government of Grenada is sparing no effort in addressing the economic fallout of the COVID-19 pandemic.<\/p>\n
This assurance from Prime Minister and Minister of Finance, Dr. the Right Honourable Keith Mitchell, as he hosted his most recent press conference, in which an extension of the 24-hour curfew was announced.<\/p>\n
Dr. Mitchell said, \u201cThe staff at the Ministry of Finance continues to work on rolling out the economic stimulus package, which is designed to help provide a buffer for businesses and workers that have been hardest hit by the crisis.\u201d<\/p>\n
Fourteen measures were outlined in the stimulus package, announced on March 20, 2020 and some persons are expected to start receiving benefits by the end of this month.<\/p>\n
Under the stimulus package, qualifying hotels, restaurants and bars and travel agents will receive a percentage of their existing payroll. Although the workers are the ultimate beneficiaries of this measure, the application must be submitted by the business establishment.<\/p>\n
Qualifying businesses are advised that the payroll support must be used for that particular purpose and\u00a0NOT\u00a0<\/b>for any other aspect of their business operation. Employees will be expected to certify receipt of payment at the end of each month in which the benefit is applicable.<\/p>\n
With respect to income support for public buses, taxi drivers, tourist vendors and other such identified hospitality-based industries, efforts are being made to contact those affected directly with a view to facilitate payments.<\/p>\n
All payroll support and income support payments will be by direct deposit to the bank account of qualifying persons and businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"
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