Those employed at Buccament Bay Resort when it closed in December 2016 will soon each receive a pay-out of EC$2,000.
The money, to be paid by the government of St. Vincent and the Grenadines, is from $732,180 raised through an auction of the contents of the resort after its sale, last year, to Sandals Resorts International.
Speaking in Parliament on Tuesday, Minister of Finance Camillo Gonsalves said he had signed a special warrant on Monday for the pay-out.
“It’s not strictly volcano, but it helps; every little bit helps,” he said as he presented an EC$117.9 million supplementary budget in response to last month’s explosive eruption of La Soufriere.
“As the honourable house knows, in the disposition of the property, the items at the former Buccament Bay Resort, a lot of those items were sold by auction. When you take out the fees to the auctioneer, when you take out the salary for the security and other staff that helped in the auction, we raised a total of $732,180 from the sale of those items, and we are going to distribute that money evenly among everyone who was employed at the Buccament resort at the time of its closure.
“That means that each person at the resort will get, likely, a cheque in excess of $2,000 as an ex-gratia payment. The government doesn’t owe them that money, but recognizing their difficulty, each one of them will get the check in excess of $2,000 in recognition of their hard work,” the finance minister said.