PM announces economic policies at independence

Prime Minister Dr. Ralph Gonsalves. (File Photo)



ST. VINCENT: – Prime Minister Dr. Ralph Gonsalves in his Independence Address on Wednesday, Oct. 27, said Vincentians have “simply been magnificent in this period of awesome economic challenges”.

He announced six policies intended by his government to improve the economic well-being of the nation as it celebrates its 31st anniversary of Independence.

“Although our economic circumstances are challenging as a consequence of the global economic meltdown, surely we can afford these modest but vital measures to assist in the further upliftment of the economically disadvantaged, the working people, children, young persons, the elderly and sportsmen and sports women,” said Gonsalves, who is also Minister of Finance and Economic Development.” (Read: Tough realities as St. Vincent celebrates Independence)

Gonsalves, in an uncharacteristically short address of 22 minutes at the Independence Parade, said this year’s duty-free concessions on “Christmas barrels and packages” from overseas will be available from Nov. 7, 2010 to Jan. 14, 2011.

He said that over 15,000 such barrels and packages were cleared under “this worthy concession” in 2009.

As of Jan. 2011, the monthly public assistance payment given to disadvantaged Vincentians will be increased by 25 per cent, said Gonsalves.

He said his Unity Labour Party (ULP) administration policy’s of turning dead property into live property will be further boosted.

This will be done through the continued distribution of hundreds of housing lots at preferential prices to economically disadvantaged citizens.

“Moreover, the interest rate on outstanding balances on purchases of these lands have been reduced from 8 per cent to 3 per cent and a cap of five years has been placed on the number of years for which interest is payable,” Gonsalves said.

He further announced that the special allocation of university education for nurses, police officers, teachers, and public servants will continue for the current and upcoming academic year. (Go to the homepage to subscribe to I Witness-News)

Additionally, construction work on two sporting and recreational facilities in Kingstown will commence shortly.

These are a recreational facility in Roseau, East Kingstown, where Luke Browne, 24, is running against Leader of the Opposition Arnhim Eustace, in general elections constitutionally due by next March.

The National Lotteries Authority has been mandated to develop the Anglican School Annex building in Kingstown into an indoor sports facility.

It will include an indoor gymnasium, and basketball and netball courts for youth in Kingstown, its environs, and nationally, as requested by sporting organisations, Gonsalves said.

Gonsalves further said the annually Christmas works programme, managed by the Public Works Division and the Bridges Roads and General Services Authority (BRAGSA), will commence soon.

“Look out for it,” he said. (Follow I Witness-News on Facebook)

Gonsalves announced the measure even as he said the nation was celebrating its 31st anniversary of independence “ at a most challenging time, occasioned by economic, financial and climatic events internationally not of our making”

He, however, said that the small nation of limited natural resources “has not only been weathering the ill winds from abroad, but we have been making admirable progress on several fronts”.

“… Still, we are not yet out of the woods and the road to be travelled holds many perils,” he said.

Jan. 2011 policy priorities

Gonsalves further announced that more focused development priorities will be implemented in several areas in Jan. 2011 .

These include an agricultural diversification programme to uplift farmers. This will be financed by an EC$30 million (US$11.11 million) soft-loan from the Export-Import Bank of Taiwan.

A $35 million (US$12.96 million) health sector development programme, financed by the European Union (EU), will be implemented, along with a $45 million (US$16.66 million) project for the further development of post-secondary education.

“Indeed, it is expected that three contracts under this programme, amounting to $22 million [US$8.14 million], will commence in November this year,” he said.

Gonsalves also spoke of the implementation of an integrated agricultural development programme expected to be financed by EC$37 million (US$13.7 million) from the EU.

The “Lives to Live” project, which will cater to the specific needs of physically and mentally challenged Vincentians through ALBA and managed by Cuba, Venezuela and SVG, will also be implemented in Jan. 2011.

Gonsalves also said that the one-laptop per student project, through collaboration between the governments of Portugal and SVG, will also be implemented in Jan.

“Indeed, two days ago, the government of Portugal confirmed to me after a face-to-face meeting between its prime minister and President [Hugo] Chavez of Venezuela, that 30,000 laptops will be delivered from January 2011 for our primary, secondary and post-secondary students,” Gonsalves said to cheers.

“This laptop per student initiative will make St. Vincent and the Grenadines the only country in the Caribbean and one of the few in the world to provide one laptop for every primary, secondary and post-secondary student. Remarkable indeed,” Gonsalves said.

He said these developmental initiatives are part and parcel of a bundle of other ongoing projects, including the construction of the Argyle International Airport, intended to make tourism a truly transformational sector of the economy.

“In the meantime, the private and cooperative economic sectors are performing admirably in challenging circumstances globally,” Gonsalves said, noting tourism and other direct foreign investments in SVG.

‘Our future is bright’

Gonsalves spoke of the nation’s history, including its experience with “colonialism, genocide, slavery and indentureship”.

“The challenges that confront us now pale into insignificance, comparatively. As always, we shall dig deeply into our individual and collective selves to survive and thrive. We have been doing so to our families’ and nation’s credit. It is true that we are not better than anyone else but no one is better than us. We can be and do what we want to be and do in accordance with out goodness, wisdom, potential and God-given talents,” Gonsalves said.

He said Vincentians, especially the youth, have more opportunities now more than ever before.

“They are the future of our land, which we all love and cherish. We must uplift them as eagles and let them soar with their wings unclipped. In turn, they must be cognisant of their obligations and treasure their parents, families, teacher, elders and communities,” he siad.

“Our future is bright. We must be confident about that and work towards it true fulfilment. It is a great cause and great causes have never been won by doubtful men and women,” said Gonsalves who has been prime minister since March 2001.


3 thoughts on “PM announces economic policies at independence

  1. I listened to the PM Gonsalves speeches yesterday morning at the Victoria Park and at the ULP rally in Colonarie and, I have to conclude that this guy is on the road to NO WHERE. The question is, is he and his merry bunch of gravy train riders are aware of this or are they too dumb to know that RG will very soon be confined to the history books at the National Archives or better still, Belle Isle Prison facility?
    It was the worst independence address speech in living memory by any Prime Minister. Prime Minister Gonsalves wasted the nation’s time by rehashing a long list of promises some of which he has repeated for the past five years: National Stadium, Cross Country Road and a New Public Hospital. Then he added to the list the following new ones: Indoor Gymnasium in Kingstown and, 30,000 lap tops for all students.
    It was interested to note that he did not mention the four lane tunnel under Cane Garden. Maybe he has come to realize that such four lane tunnel would lead to NO WHERE. How come he does not yet get it that he and the ULP are going NO WHERE in the run up to elections?
    He mentioned the Christmas barrel concession as if that was anything new. He spoke about the student loan programme but now that he wrecked the National Commercial Bank, and sold off the majority shares to St. Lucia, where would he get the money to support should a programme?
    The only item of substance was the twenty-five percent increase on poor relief for the elderly. There was NO mention of any end of year bonus for civil servants, NO salary increases for public servants, No reduction in VAT, Nothing to give Vincentians any sense of Hope for us in these hard economic times.
    Then at his rally, he spent more than any hour cussing Arnhim Eustace and the NDP. He said Eustace does not know anything about hard work since his father owned a car and he (Eustace) was taken to and from school in his father’s car. But he Ralph Gonsalves had to get up early for 7.00 0’ clock in the morning to catch the wooden bus from Colonarie.
    But perhaps if he had Mr. Eustace’s upbringing, then he would not have been accused of rape by not one woman but two of them. What a national disgrace in this season of our 31st anniversary of political independence to have an alleged rapist as our Prime Minister!

    Posted by David | October 28, 2010, 11:59
  2. No need to talk about the rape issue here.

    Posted by Vere Palmer | October 30, 2010, 01:56


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