Page 15 - PNM General Election 2020 Manifesto
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• Food and Income Support for persons outside • Accelerated VAT Refunds in cash – 5,000 SMEs
of the National Insurance System who have lost at up to $500,000 per VAT cycle at a cost of
their jobs – 80,000 persons at a cost of $175M $460M
• Food Cards for persons whose children were on • Fully tradeable VAT Bonds - $3B in Bonds up to
the school feeding programme – 20,000 families $10M+ per VAT cycle
at a cost of $32 million
• SME Stimulus Zero Interest Government
• Rental Assistance for persons who have lost Guaranteed Loans – 5,000 loans at a cost of
their jobs – 5,000 families at a cost of $20M $300M
• Financial Assistance to religious bodies for food • Credit Union Loan Programme – 25,000 loans
distribution to needy persons - 120,000 hampers at a cost of $200M
at a cost of $30M
• Micro-Enterprise Grant Programme – 5,000
• Salary Relief Grants to persons registered for grants at a cost of $30M
National Insurance – 60,000 grants at a cost of
$70M • Special EximBank USD window for importers of
essential items – US$75M
• Fuel Relief Grants to Maxi-Taxi and Taxi Owners
– 20,000 grants at a cost of $32M • Accelerated clearing of outstanding
Government payments due to contractors and
• Free cloth face masks to the public – 500,000 suppliers -$2B
free cloth masks at a cost of $5M
ROADMAP TO RECOVERY
Further, recognizing that we are all in this
together, on July 1st , the Honourable Prime
Minister, Dr. Keith Rowley announced the
establishment of a broad based non-partisan
team of persons from the public sector, private
sector, labour, civil society and academia to
create a Comprehensive Roadmap to Recovery,
essentially a detailed and dynamic post Covid-19
programme to allow our country to get back on
its feet, kickstart the economy and continue the
• Income Relief for Artistes – 5,000 grants at programme of growth and development that was
$5,000 each temporarily suspended by the Covid-19
lockdown.
FISCAL STIMULUS – FINANCIAL SUPPORT FOR
COMPANIES AND INDIVIDUALS, TO KEEP PEOPLE The committee’s mandate was two-fold to be
IN JOBS tackled in two phases as follows:
• Individual Income Tax Refunds – 25,000 • In the First Phase, the Committee was asked to
persons at a cost of $240M address the issue of “Surviving the Crisis”, to
articulate measures to be implemented
immediately to protect the vulnerable and
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PNM THE RIGHT CHOICE ON AUGUST 10 People’s National Movement Manifesto 2020
