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Venezuelan real salary has fallen 89.9% by March

Friday, February 3, 2017

Jamaica: Over $13 Million from Vnzuela Paid Out To 2003 Former SSMC Workers

The prime minister said that many lives have been touched so far from the Sugar Workers Restoration Fund (SWRF), which was designed to provide gratuitous payments to the former sugar workers. “Imagine how many families have been touched,” said the prime minister. “One policy decision directly impacted 2003 in contrast to the pay-out in 2005 when a mere 968 persons received sums. Two thousand and three versus 968. You do the math and you will see who has done more and who has touched more households and more families.” In March 2015, the government recieved a $16 million grant from the Bolivarian Republic of Venezuela under the PetroCaribe Agreement to pay former sugar workers. More…

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