Kingstown, St Vincent (CMC) — St Vincent and the Grenadines (SVG) is celebrating 35 years of political independence from Britain with the leaders of the two main political parties providing contrasting views on the future direction of the country.
Prime Minister Dr Ralph Gonsalves noted that since 2011, positive economic growth has been recorded annually while Opposition Leader Arnhim Eustace suggested that there is nothing to celebrate this independence.
Gonsalves said that the aggregate real economic growth in St Vincent and the Grenadines has increased by 4.9 per cent for the three-year period 2011-2013, inclusive.
“This improvement has just about edged ahead of the aggregate decline in the economy for the three-year period 2008 to 2010, inclusive.
“Still, the economic recovery is too slow, and uneven, to absorb an acceptable level of new entrants to the labour market while maintaining the existing workers at their jobs, particularly in the private sector,” he said.
Gonsalves said employees in the public sector have not been laid off as a consequence of any economic or fiscal challenge, adding that there are special employment programmes for public works and for university and Community College graduate.
“There have been, too, no spending cuts in critical areas such as health, education, housing, national security, and agriculture. We have been both enterprising and prudent as all the circumstances demand,” Gonsalves said.
But in a somewhat “tongue in cheek” statement Eustace delivered an Independence message written as if he were addressing the nation as prime minister in 2019.
“How honoured am I to address my fellow citizens this 27th October, 2019, our 40th year of Independence from Great Britain!” he said.
“Our lows of the 2001-2014 period have been humiliating: We nosedived from consistent economic growth in the 1980s and 1990s and an IMF (International Monetary Fund) rating of ‘much to praise little to fault’ to 3 years of negative economic growth and low growth in the years 2008 to 2014 and a reputation as the regional begging bowl,” he said.
The statement suggested that the ruling Unity Labour Party (ULP) government, which came to office in March 2001, will lose the next general elections, constitutionally due in December 2015.
“Now on our 40th anniversary of Independence this 27th day of October 2019, we are cautiously optimistic and determined to recover and to grow. In the 2015–2019 period, we have seen the signs of social, economic and political renewal,” Eustace said.
He said since the New Democratic Party (NDP) victory at the polls in 2015, government has set about the business of governing and not politicking.
“There is no NDP Government, just government, plain and simple. The civil service is run more efficiently and with improved morale as civil servants and the general public observe the promotion of Vincentians of all political stripes to high-level government positions on the sole basis of merit,” Eustace said.
He said that in 2019 the Government no longer competes with the private sector, but instead “works with the private sector to stimulate economic growth”.
“The Government is aggressively repaying its private sector debt. Since 2015, our diaspora no longer simply sends remittances to their families but is actively involved in trade and investment in the Vincentian economy,” Eustace said in the message.
“Following the prosecutions of several corrupt government officials in the post-election 2015-2016 period, graft and corruption have fallen to record lows. Some of the public’s faith in the judicial system and the protection of their right to freedom of expression have been restored.
“Our calypsonians belt out commentary with abandon. The tenders board operates transparently. For the past four years, farmers have been realizing profits for the first time since 2010, and there are now the beginnings of an exodus of nationals from unemployment to self-employment as farmers. And, with the operation of the large-scale primary and secondary schools book loan scheme, student enrolment and attendance are up,” Eustace said.
But while Eustace spoke in futuristic terms, Gonsalves, said that in the last five years, the island has been struck hard by five major adverse climate events: Hurricane Tomas in October 2010, the April Floods of 2011, the Christmas Eve disaster of 2013, and two prolonged droughts in the first five months of 2010 and 2014.
Gonsalves, who is also Minister of Finance, said these natural disasters caused loss and damage amounting to EC$600 million or one-third of the country’s gross domestic product.
The Christmas-eve disaster alone amounted to EC$330 million (One EC dollar =US$0.37 cents) or 17 per cent of GDP, he said of the trough system, which also claimed 12 lives.
“Over the last 10 months since the Christmas-eve disaster, our people and their government have responded admirably to rebuild the lives and material conditions of families, communities, and the nation. In this process, we have been accorded prompt, and on-going assistance, from friendly governments and institutions regionally, in our hemisphere, and internationally.
“We thank them from the bottom of our hearts. In our profound gratitude, we assert that we are not, as yet, out of the proverbial woods. There is much work to be done in the enterprise of relief, rehabilitation, and sustained recovery,” Gonsalves said.