21/08/2024

Government to Inject $10 Million into OKEU Hospital to Clear Debt with Additional $5 Million for Medical Supplies

By OPM

The Government of Saint Lucia has announced a significant allocation of $10 million to the Owen King European Union (OKEU) Hospital, sourced from Citizenship by Investment Programme (CIP) funds. This funding will be directed toward clearing a backlog of outstanding bills to suppliers, some dating back over eight years.

These financial obligations have placed considerable strain on the hospital's budget and operational costs, which should have been allocated to recurrent expenditures such as staff salaries, maintenance, and the procurement of essential supplies. The $10 million allocation will enable the hospital to refocus its resources on its primary healthcare responsibilities.

A further $5 million will be injected to procure immediate pharmaceuticals and medical supplies.

The Government of Saint Lucia will soon announce additional measures to enhance the hospital's operations, including making further financing available.

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