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The novel coronavirus pandemic has resulted in the closure of 420 businesses in St. Vincent and the Grenadines, sending 2,754 persons on the breadline between March and December 2020.

Minister of Finance Camillo Gonsalves, on Wednesday, attributed the data to the National Insurance Services while responding, in Parliament, to a question from Member of Parliament for East Kingstown, Dwight Fitzgerald Bramble.

Gonsalves said that the 2,754 employees came from various sectors of the economy.

He said that the government has implemented several income support measures to cushion the fall off in employment income experienced by these individuals.

“There are other employees who have not been laid off but put on reduced time schedules, particularly in the hospitality sector — reduced hours and the like, they are also receiving compensation through various income support measures,” Gonsalves said.

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“But, in terms of the subset that the honourable member asked for, it’s 420 businesses.  But more businesses than that have been affected in terms of limited hours and limited staff and the like, but the question was about closure,” the finance minister told Parliament. 

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2 replies on “420 businesses close, 2,754 jobs lost to COVID in SVG”

  1. This collapse fits into what they call, the “Great” Reset. Most of this economic collapse in SVG is because We the People are demanding that government make us poorer, by taking away our liberty to protect us from a man-made virus that fortunately is at least not as deadly as the flu. According to the CDC 99.8% of those that get the virus make a full recovery. Most of the very few that do die are elderly. Take into account that thousands of Health Workers are reporting that most of those said to die from Covid ARE NOT DYING FROM COVID, although many are dying WITH Covid, just like the two in SVG.
    Many doctors are even starting to believe that no one dies from Covid. Who knows?

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