Public Debt et al Archives Page 2 of 3 - We the People

GCNA-GCA Amalgamation

December 16, 2017

GCNA-GCA management amalgamation had resulted in administrative savings of $0.5 mill. Some persons who had been paying attention had noted that the GCNA appeared to be without a Manager for an extended period and were advised by persons who should be “in the know” that the GCA Manager was “keeping an eye on things”. Why was there this “mystery” about what should be a straight-forward explanation? Were the farmers advised that this was a policy decision on the part of both Boards?

Embassy of Grenada to Russian Federation – My Caribbean ….Chimera and GCNA

November 17, 2017

The GCNA and Structural Adjustment Programme

July 31, 2017

SAP and the Grenada Co-operative Nutmeg Assn.

July 31, 2017

In its Memorandum of Economic and Financial Policies annexed to the Letter of Intent of June 12th, 2014 through which Grenada entered into an agreement with the IMF, Grenada committed “to liberalize certain sectors to boost private sector participation and expand capacity.” Among those sectors identified for liberalization were the nutmeg and cocoa sectors: – “the Government will support the liberalization of the nutmeg and cocoa sectors, so as to encourage increased efficiency, and boost farmers’ incomes. This was categorized as a measure intended to “boost growth and social protection”

SAP and the National Insurance Scheme

July 22, 2017

We the people have been aware for the longest while that the National Insurance Scheme had become a sort of piggy bank to successive political administrations. The recently concluded Structural Adjustment Programme has sharpened our awareness of how much central government may have been presiding over the pauperization of the NIS and other state-owned entities. Most of we the people never took a keen interest in the operations of the NIS. Every time, the central government was in a “jam”, NIS “helped out” by “investing” in government paper.

SAP and the Gravel and Concrete Emulsion Production Corporation

June 26, 2017

During the first half of 2014, prior to the signing of its agreement with the IMF, a review of the operations of the various SOEs was undertaken. The Government of Grenada prioritized the restructuring of the Grenada Postal Corporation and the Gravel and Concrete Emulsion Production Corporation.

SAP and the Grenada Postal Corporation

June 17, 2017

What is the status of the Grenada Postal Corporation and the Gravel and Concrete? Has the
Government of Grenada divested itself of the control and ownership of these State Owned
Enterprises? Has it entered into partnership with any other entity or individual? What is
Government’s intent? These are some of the queries that citizens of Grenada have been seeking
answers to over the last year and a half? Direct questions to the “authorities” have not elicited
answers which shed any clarity on the matter.

To Minister of Finance re Shared Sacrifice

January 14, 2012

Hon. Minister, the business of government requires revenue and government has the constitutional authority to raise revenue through taxes. Individuals and businesses have an obligation to pay taxes. But when a government gives up its right to collect taxes or to impose taxes in the future, as is the case of the agreement signed with the SGU, then it is no wonder that the government does not have revenue to conduct its business and meet its social obligations. How then can it call on individuals and local struggling businesses to make sacrifices?

When a Government Loses Its Integrity

September 5, 2008

Last week, it would seem that the forces of the New National Party were rousing themselves from the stupor of that blow delivered on July 8th , Liberation Day.. The detention of former Legal Advisor to Cabinet, Hugh Wildman, seemed to have catapulted them into action and they came out with “guns blazing”. They held a press conference that was broadcasted live. At times, one had to wonder whether it was really Grenada the NNP opposition was talking about.

Putting the Sale of C & W Shares in Context

March 31, 2008

The divestment of these Cable & Wireless shares is part of the conditions that the government committed to in order to access from the IMF a 3- year arrangement under the Poverty Reduction and Growth Facility equivalent to Special Drawing Rights 10.53 m ( or 90 percent of the available quota).

We the People - Grenada

Keeping an eye on the people's business

Public Debt et al