This year the NDC turns 32, a milestone of which we are proud as we are certain all Grenadians are. This also marks a historic year. We head into our annual Convention where a new leader will be elected as we take our organization forward.
During the NDC’s term of 1990-1995, Grenada embarked on its only successful structural adjustment program, which was totally homegrown. That effort was led by then Finance Minister George Brizan and his technical team that included Hon. Anthony Boatswain and Richard Duncan. Under that program, Grenada moved from being debt ridden and on the black list to having AAA credit rating in 1995.
Fiscal responsibility legislation is a new and growing trend embraced by governments around the world in an attempt to promote and enhance fiscal prudence and ensure greater transparency in budget management. Fiscal responsibility laws are enacted voluntarily in most countries. In the case of Grenada, the Fiscal Responsibility Act, No. 29 of 2015, was imposed on our government by the IMF as a requirement of the Structural Adjustment Program.
Since during the month of June, information surfaced that former Parliamentarians who are now merely party activists were having their exorbitant cell phone bills paid for out of the public purse. In the case of Sheldon Scott, a well-known activist, his bill averaged $23,000.00 a month for April, May & June. These were the only bills released so it is safe to say that was his average monthly bill for the months not released.