The Supplementary Unemployment Beneﬁt (SUB) programme implemented two years ago will be extended for a third time to assist residents struggling with the challenges of unemployment.
The programme, implemented in 2020, via the Public Treasury (Administration and Payments) (Supplemental Unemployment Beneﬁt) Regulations 2020 “provides assistance to unemployed persons who do not qualify for Financial Assistance”.
While delivering the Budget Statement on Friday (Feb 25), Premier David Burt noted that the initial expiry date of the programme was March 31st.
“This legislation had a commencement date of September 17th, 2020.”
“However, there have been two extensions to this programme, and the current expiration date is March 31st, 2022,” said Mr Burt.
“From its inception in September 2020 to February 2022, 172 individuals have received this assistance, provided by this Government to people unable to ﬁnd work in the wake of the pandemic, for a total cost of $1,743,460,” he added.
“Thankfully the trend analysis points to a continued month-on-month decrease in the number of SUB applications submitted by the public.
“However, we will not remove this safety net at this time, and I am pleased to advise this Honourable House and the public that the Cabinet’s approval will be sought to extend the SUB programme until August 31, 2022.