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.