“Grenada’s fiscal performance continues to be strong“, says the Minister of Finance, regarding fiscal performance. However, a different picture emerges when we examine the numbers for the first half of the year, January to June 2019.
The ANNUAL BUDGET statement should report comprehensively on the economic performance of the country for the past year. It should be factual, not “selective” to project a good image! The budget statement is a legal requirement, and gives authority for the collection of revenue and the expenditure of funds in a given year. It must also project what is to take place in the coming year.
It is an accepted truth that corruption is damaging to the reputation of a country. It negatively affects direct local and foreign investment, thereby stultifying economic growth and sustainable development. Corruption undermines democratic institutions, justice and the rule of law. Perhaps the most damaging aspect of corruption is that it hurts the poor and vulnerable more than any other sector of the economy. When our most vulnerable people are made to depend on corrupt politicians for economic and social support that should be delivered in an impartial, non-partisan way by the government, then they become beholden to these politicians and feel that they must keep them in power. A vicious cycle of poverty and rampant corruption continues.
The National Democratic Congress (“NDC”) held its annual Convention on Sunday 3rd November 2019 during which a new executive committee was elected headed by Mrs. Franka Alexis-Bernardine as Political Leader. We of the NDC stand firmly behind our new leader as we struggle together for a better life for all of the people of Grenada, Carriacou & Petite Martinique.