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SKN IN DEBT … All the wants and needs of the country cannot be met

SUN St.Kitts & Nevis: "After announcing that public debt is “uncomfortably high,” Minister with responsibility for Finance Dr. Timothy Harris said, “We have to contain our own expenditure levels. We will have to try and make do with less and use less, more efficiently, to get more outcomes and outputs from the use of any quantum of resources.”
Speaking to Sun St. Kitts/Nevis yesterday, the newly appointed finance minister explained that “while St. Kitts has an uncomfortably high public debt, there is a similar pattern of high indebtedness in other countries.” He claimed that of the 10 most indebted countries in the world, seven of them are Caribbean regions and St. Kitts/Nevis tops the list."

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