ADDRESS TO THE NATION
by Prime Minister Tillman Thomas
November 25th, 2010
Ladies and Gentlemen, Fellow citizens,
I address you this evening on important national matters.
I want to thank the almighty for the many blessings we have enjoyed. As we reflect on the calamities of our Caribbean neighbours and our vulnerability to natural disasters, we are indeed grateful that we were not affected this year. The experience of any social and economic dislocation at this time of deep economic recession would have been quite traumatic.
So as a people we should give thanks and recognition for our fortunate circumstances.
Cognizant of the tight economic situation facing the nation; in September of this year I announced a package of relief measures aimed at alleviating the hardship being faced and stimulating the economy.
The implementation of these measures has been fairly successful. The road maintenance and farm labour support programmes continue to provide employment to thousands of people.
The Cocoa processing project at Diamond St. Marks is a glimmer of hope for our cocoa farmers whilst the Cocoa Association has reported increased production and a higher purchasing price.
Work has commenced on the Gouyave Fisheries Project which promises to be the source of a number of jobs for our people.
Additionally we have seen improved activities in the construction sector lead by Governments intervention in the Concrete Roads Project and Community Development projects. I am pleased to note that over four (4) million dollars have been spent on over one hundred small projects by the Ministry of Works resulting in employment for over 0ne thousand persons. I am also heartened by the developments on a number of small projects in the various communities where a number of persons have found gainful employment.
During this year so far, we have been able to stabilize our economic ship. Our fiscal position is improving as the VAT is settling down and we are beginning to see the fruits of our sound economic management.
This performance so far is recognized by international organizations such as the European Union and the International Finance Corporation. They have been publicly applauding us for our efforts thus far.
This performance has enabled access to soft financing which we will receive before the end of the year. Our achievements in the area of