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Govt expects to extend unemployment benefit program to September

The unemployment program was set to end in June after a 15-month run. “It really was designed to be maybe a three or four-month measure, but unfortunately… the pandemic kept going. It is still continuing and we have had to extend it well over 12 months, we’ve had to extend it,” he said. “We anticipate that up until September that we will continue those existing unemployment benefits. “But again, as we said, it is really about trying to transition from the government continuing to pay out the unemployment benefits to the government now finding ways to stimulate the private sector to create employment.

Minnis pays retired banker Nathaniel Beneby $150,000 annually

PM Minnis and Nat Beneby NASSAU| While thousands of Bahamians remain out of work during the Covid-19 pandemic, taxpayers are paying retired banker Nathaniel Beneby $150,000 annually with perks and benefits to train Minister of State for Finance Kwasi Thompson who was appointed to the important cabinet post despite his lack of experience in finance. Beneby was hired as Special Advisor in the Office of the Prime Minister. In December, Thompson was named Minister of State for Finance after Peter Turnquest resigned as Deputy Prime Minister and Minister of Finance amid controversy over a $28 million bogus loan scheme he was allegedly involved in.

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