The Hon Prime Minister and Minister for Finance, Dr. Roosevelt Skerrit has revealed that the Citizenship by Investment Programme has surpassed the cash projection made in his last budget address.
The Hon Prime Minister credited the sustainability of the national employment programme and post Tropical Storm Erika rehabilitation to the success of the CBI programme.
“This year, with regards to the cash option, we have tremendous progress. In the budget of this year, we projected to raise about $80m. I can say to you that we have surpassed that projection. Those funds are being used in large measure to respond to TS Erika.
“For the last three years, the National Employment Programme has been fully funded by the economic citizenship programme. So the $7m which I, as Minister for Finance, make available to the Ministry for Employment comes straight from the programme.”
The Hon Prime Minister was speaking at a town hall meeting in Soufriere on Monday, May 23rd.
