Last Updated on December 31, 2022, 7:04 AM AST by Anthony Morris
Prime Minister of St Kitts and Nevis, Dr Terrance Drew, recently took to his social media account to announce that as of Wednesday, December 28, 2022, more than 17,500 persons have received the inaugural dividend payment as promised by the Government of St Kitts and Nevis.
Dr Terrance Drew, as Minister with responsibility for the ministry of Finance and Citizenship By Investment, had announced earlier in November that his government wants to extend the profits reaped by the Citizenship By Investment Programme of St Kitts and Nevis.
St Kitts and Nevis Labour Party, along with the Prime Minister and Minister, is committed to providing the best to the people of St Kitts and Nevis. Thus, the CBI dividend, which is a share of the profits and retained earnings received from the Citizenship by Investment Programme, will also work towards achieving the goal of the SKNLP-led government.
According to the update shared by the Prime Minister, Dr Terrance Drew Recipients of the CBI Dividend include private and public sector members. The Social Security Department of St Kitts and Nevis gave the dividend to government pensioners, social security pensioners, and statutory bodies.
Dr Terrance Drew’s update clarified that the government of St Kitts and Nevis is making daily payments of CBI dividends to the people of St Kitts and Nevis. He also stated that the social security department will continue to give the dividend amounts even in the upcoming year, 2023.
Here, The Prime Minister urged the people to note that the application deadline exhausts on Saturday, December 31, 2022. He indicated that the application would be honoured if the social security department of St Kitts and Nevis received it by the deadline.
Prime Minister Dr Terrance Drew asks for the public’s understanding and patience as the government processes payments and validates information to ensure they can make the payments as accurately as possible.
Anthony Morris covers stories related to politics and regional developments. His in-depth reporting about governance and reforms makes him stand out in regional journalism, with a deep analysis of political trends and their impact on Caribbean communities.
