Saturday, March 3, 2012

Banana subsidy continued.(St. Vincent & Grenadines)(Brief Article)

Those engaged in the growing of bananas in St. Vincent & the Grenadines will continue to benefit from government subsidies during 2005, said Prime Minister Dr. Ralph Gonsalves, adding that come next year, his government will subsidize the production of the fruit by in excess of some US$1.75 million, reports Caribbean Net News (Dec. 20, 2004). Dr. Gonsalves who is also the country's Minister of Finance, said that the reason for the subsidy is "to give farmers sufficient time to adjust to the international situation by making the necessary improvements to their …

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