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State entities not meeting financial reporting obligations

State entities not meeting financial reporting obligations
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Unemployment Fund drained in 2020

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Acting Director of National Insurance Scheme (NIS), Jennifer Hunte, says the Unemployment Fund was exhausted in 2020 and had to be refinanced from the NIS Fund.
During Wednesday’s COVID-19 management update which focused on the theme
COVID-19: Your Workplace and You, Hunte said the overall NIS portfolio remained strong and the organisation would continue to meet its obligations to Barbadian workers.
She revealed that from 2017 through 2019, the NIS paid $32.8 million, $38.1 million and $49.3 million, respectively, from the Unemployment Fund, but in 2020 they disbursed $155.5 million.
“So comparatively, you can see the impact of COVID-19 on the future in 2020,” she said. ....

Jennifer Hunte , Unemployment Fund , Sugar Worker Provident Fund , Severance Fund , National Insurance Scheme , Catastrophe Fund , Acting Director , Retraining Account , ஜெனிபர் வேட்டை , வேலையின்மை நிதி , சர்க்கரை தொழிலாளி வருங்கால நிதி , பிரித்தல் நிதி , தேசிய காப்பீடு திட்டம் , பேரழிவு நிதி , நடிப்பு இயக்குனர் , மறுபயன்பாடு எண்ணுதல் ,

Barbados unemployment fund exhausted due to pandemic pressure

Barbados unemployment fund exhausted due to pandemic pressure
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Bridge Town , Saint Michael , Jennifer Hunte , Sugar Workers Provident Fund , National Insurance Department , Severance Fund , National Insurance Fund , National Insurance Scheme , Unemployment Fund , National Insurance Board , National Insurance , Catastrophe Fund , Acting Director , Retraining Account , பாலம் நகரம் , துறவி மைக்கேல் , ஜெனிபர் வேட்டை , தேசிய காப்பீடு துறை , பிரித்தல் நிதி , தேசிய காப்பீடு நிதி , தேசிய காப்பீடு திட்டம் , வேலையின்மை நிதி , தேசிய காப்பீடு பலகை , தேசிய காப்பீடு , பேரழிவு நிதி , நடிப்பு இயக்குனர் ,