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Due to forces entirely beyond their control, thousands of self-employed people who rely on the flow of cruise ship and stopover visitors, are now unable to make a living over the next few weeks Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest said. “As such, the Government has partnered with NIB to design a temporary programme that will provide weekly payments of $200 to persons who meet the eligibility criteria, for a period of up to eight weeks. That is, an eligible person can receive up to $1,600 over the 8-week period,” DPM Turnquest stated as he announced an update on the government’s stimulus measures in response to COVID-19 in the House of Assembly, Monday, March 30, 2020.
Deputy Prime Minister and Minister of Finance announced that last week, the Department of Social Services, the National Insurance Board (NIB) and the Small Business Development Centre (SBDC), using the additional resources allocated by this government administration, rolled out social and economic support programmes. “This means, Bahamians are gaining access to much-needed food assistance and financial support to lessen the economic burden on their households,” DPM Turnquest said as he announced an update on the government’s stimulus measures in response to COVID-19 in the House of Assembly, Monday, March 30, 2020.