Government Prepares to roll out Financial Assistance Programme (FAP) for Senior Citizens

#TurksandCaicos, May 31, 2024 – The Office of the Premier and Public Policy and the Ministry of Finance, Investment and Trade wants to advise the general public that plans for the Financial Assistance Programme (FAP), aimed at supporting the elderly population within our society are underway. $3.1 million in funding was approved in the current Budget Year 2024/2025

The Financial Assistance Programme, a cornerstone initiative of the Government, is a commitment to augment the social welfare of the aged in the TCI.   It is being carefully crafted to support elderly citizens who may be facing financial hardships.

The Government is fully committed to ensuring the smooth implementation of the Financial Assistance Programme as promised; and to meet the originally proposed deadline for payment of the benefit in July 2024 posed for eligible individuals.  The payment, when distributed will be retroactive to 1 April 2024.

The Government reaffirms its dedication to fostering a society that cares for its elderly population and provides them with the assistance and resources necessary to build stronger communities where everyone can not only survive but thrive.