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St. Kitts to help workers buy land, get benefits

St. Kitts to help workers buy land, get benefits

St. Kitts and Nevis is offering struggling workers some relief amid a slumping economy.
The prime minister of the Caribbean nation says he will sell government property to minimum-wage workers for nearly half the usual price. Denzil Douglas says those who earn $130 a week will pay $1.12 per square foot of land (about $12 per square meter).
The price applies to lots no larger than 4,000 square feet (1,200 meters).
The government also will create a $10 million credit line to help people if they cannot afford mortgage payments.
Douglas said Tuesday that the government also plans to offer pension benefits to the temporarily unemployed.


Updated : 2020-12-06 07:41 GMT+08:00