Monday, December 23, 2024
spot_img
spot_img
HomeNewsCaribbean NewsTaiwan bankrolls St Lucia’s distress fund

Taiwan bankrolls St Lucia’s distress fund

By Caribbean News Global contributor

CASTRIES, St Lucia – The Embassy of the R.O.C. (Taiwan) in Saint Lucia, ambassador H.E. Peter Chen, sterling representation continues to bankroll the government of Saint Lucia budget support and humanitarian assistance for the fiscal year 2024/2025.

Reinforcing this, on June 3, 2024, ambassador to Saint Lucia, H.E. Peter Chen, handed over $800,000 to the Distress Support Fund (DSF), “ensuring Saint Lucians in need can rely on the government for assistance with putting their lives back together,” says the Office of the Prime Minister, (OPM) in a June 4, 2024 press release.

The OPM continued:

“The anxiety of becoming homeless and dispossessed as a result of a fire and other natural and man-made hazards can feel overwhelming, adding, “ Survivors of house fires confront uncertainties and endure tribulation. Poor and low-income households typically can’t afford home insurance, making starting over after losing everything even more daunting.”

“Poor and low-income households looking to rebuild their lives after a tragedy can depend on Philip J. Pierre administration for support. In 2023, Taiwan’s contribution to the DSF increased its annual allocation to a historic $1 million.” […].

Taiwan continues to provide useful assistance to St Lucia, says PM Pierre

“We are grateful to the government and the People of the Republic of China (Taiwan), who have been dear and sincere friends of the people of Saint Lucia.” ~ New Year’s address delivered on January 7, 2024.

Taiwan continues development funding in St Lucia

“Approximately $18.5 million has been secured to fund various community projects and will be deposited into the Consolidated Fund. The expected outcome is “to benefit the people of Saint Lucia from all 17 constituencies.” #PhilipCares  “We are always grateful for the continued support from the government and People of Taiwan as we invest in improving the daily lives of Saint Lucians,” said Prime Minister Philip J Pierre

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Jamaica’s transformative journey towards a sustainable future – blue economy

By Andrew Laidley KINGSTON, Jamaica, (JIS) - Jamaica is on a transformative journey towards a sustainable future marked by development of the blue and green economies,...

Global News

Invest Taiwan greenlights nine companies’ projects  

TAIPEI, (Taiwan Today) - Investment proposals of nine corporations have been approved by the interministerial organization Invest Taiwan December 19-20, 2024, highlighting the government’s...