The management and staff of Sagicor Life Inc and Sagicor General Insurance Inc were deeply moved by the plight of their colleagues, clients, families and friends in Dominica grappling with severe...
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Grenada government unable to pay arrears to public servants
The Grenada government says it will not be able to pay as schedule the EC$12 million (one EC dollar = US$0.37 cents) in retroactive payment to public servants. A government statement said that while the process of preparation for payment is almost completed, the Keith Mitchell administration “is mobilising external funding which has not yet arrived”.
The third instalment of the retroactive payment to public officers, teachers, prison officers was due to be made yesterday and the statement said that all unions and welfare associations have been informed of the situation. “The total cost of this instalment of retroactive payment is $12 million. This third instalment will bring the total retroactive payment to $30 million with Government having paid $18 million in 2013,” the statement said, adding that an update will be made on March 17 as to when payment would be made.
“The Government of Grenada expresses its appreciation to the unions and their members for their co-operation and understanding on this matter,” the statement added. (Caribbean360)