Payouts made to several small businesses under CARE programme

Payouts have been made to nearly 600 small businesses which applied for grants under the Government's COVID-19 Allocation of  Resources for Employees (CARE) programme.

According to an Auditor General's report on the programme, as at June 1, a total of  580 eligible small business grant applications were batched and transferred for payment having met the eligibility and banking validation requirements. 

All payments were approved by the Ministry of  Finance And 579 applicants were paid and one was still being processed for payment.

The grants were for businesses that file income tax and payroll returns indicating that they have at least one employee.

The size of  the small business grant was $100,000. 

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