Britain Agrees to Cancel St. Kitts-Nevis Debt

St. Kitts and Nevis PM- Dr. Denzil Douglas

ST.KITTS & NEVIS - Prime minister Dr. Denzil Douglas has been informed by the British government that his request has been granted.

Confirmation has come from Britain’s minister of state for international development, Mr. Alan Duncan.

Mr. Duncan informed the St.  Kitts and Nevis Prime Minister that the case for debt relief was assessed fewer than three criteria: “sound economic management, good governance and commitment to poverty eradication.

In wishing Mr. Douglas every success with the reform programme that St. Kitts and Nevis has embarked on, the british minister of state hoped that the writing off of the debts to the department for international development “will help boost the chances of success and help free up resources to help protect the poorest and most vulnerable citizens of St.Kitts and Nevis during this challenging time.”

© 2012 SAT Telecommunications Ltd.

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