PM rolls out plan

Article by Barry Alleyne

Prime Minister Mia Amor Mottley last night rolled out several initiatives expected to help Barbados keep its head above water in the battle with the Covid-19 pandemic.

Parts of the plan allow for employees within the important tourism industry, who have been laid off as a result of reduced revenue, to earn 60 per cent of wages for unproductive days should they have to work short weeks.

It also gave employers a waiver on contributions to the National Insurance Scheme once they retained at least 75 per cent of their workforce.

Banks have agreed to start a six-month moratorium on loans and mortgage payments so as to reduce the pain many citizens could face through the spread of the virus. (BA)

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