Both revenue and expenditure are up for Nov 2020

Kingstown, St. Vincent (ONE NEWS SVG) – St. Vincent and the Grenadines’ economy has performed favorably for the month of November 2020, when compared to the same period last year.

Prime Minister Dr. Ralph Gonsalves said on NBC Radio that revenues are up 4.3 percent for November 2020.

But, though revenues are in the positive, expenditure is also up, with 107 million dollars in capital expenditure for the period.  

He said that the deficit increased by just under 10 million compared with end of November last year.

But, he said the deficit is being funded appropriately.  

Written by

One News St. Vincent is a subsidiary of ONE NEWS MEDIA which also includes Campus Reporter News (UWI Mona) and Secrets of St. Vincent and the Grenadines Travel and Tourism site. One News St. Vincent was founded on March 25, 2020. It is designed to bring a fresh social media engagement approach to news presentation in St. Vincent and the Grenadines and the rest of the Eastern Caribbean.

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