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2013
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April
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- Will Trinidad and Tobago lead the Caribbean?
- The similarities between the IMF and a Bailiff
- THE BOSTON BOMBING … Why people love America
- St Joseph’s Convent: Extreme School
- Pitfalls of the commuter experience
- Know the Labour Act #5 will deal with Contracts of...
- Grumbling over scholarships
- A Bloody Mess, Worthy of Note
- POLICE NEWS
- PM: “MORE REVENUE NEEDED”
- Coco Palm in top 10
- Smaller Budget for 2013/2014
- St.Lucia launches sports tourism initiatives in UK
- LIME launches Blackberry Z10
- Fond d’Or Jazz fills up on H20!
- Digicel Tips its hat to “Ladies in Hats”
- Theatre of the Mind Wins Poetry Award
- Outfitted for Future Collaboration
- No longer ashamed-you are innocent
- Jamaica now at the forefront of prostate cancer re...
- Women: Is it Our Fault that We’re Sensitive?
- St. Lucia Government Congratulates Senior Windward...
- Rain - Affected Women’s T20 Bowls Off This Weekend
- HOT NORCECA VOLLEYBALL
- Final 16 Teams for Inaugural FA Cup
- Devon Smith eyeing 800 runs in Regional 4 Day
- Basketball Action This Evening at Two Venues
- Our Politicians
- New Stars on the Horizon
- Gros Islet Young Stars Talent Search
- EEICTP Launches the ‘Inside Village Website’ Compe...
- THE REVENGE OF KENNY ANTHONY
- UWP Leadership Struggle
- THRONE SPEECH CALLS FOR VISION
- Saint Lucia’s Foreign Policy to be Strengthened
- Nation Building
- Competition to Name New Hospital Re-Launched
- Has St. Lucia’s loss become Grenada’s gain?
- Tea Time Jazz Continues To Get LUCELEC Support
- Piton Soca Starz 2013 Is Here!
- Digicel Kickstart Chose Their Lucky 30
- Digicel Supports The National Speaking Competition
- Bexon Nurses team up with Super J IGA Cul De Sac o...
- UI Cricket: Knock Out Stage
- Swimming: Time to Double The Numbers In The South
- St. Lucia versus Grenada today in Windward Islands...
- Levern Spencer continues her winning streak with a...
- Has The Date For The Commonwealth Youth Games Move...
- Commercial Volleyball Preliminary Round Concludes
- Statement from the HUMANISTIC SOLIDARITY ASSOCIATI...
- Leader of the opposition writes Prime Minister req...
- How Social Media has Impacted the culture of small...
- How 1-2-3 and ABC can spell A Better Country!
- A Fitting Farewell
- Rebranding the Square
- Police News
- Opposition Leader Denounces 2013/2014 Budget
- Greater accountability during and after budget debate
- $1.3 BILLION BUDGET
- TOURISM – A Ticking Time Bomb
- The biased support continually given to East India...
- NSDC Grads to Begin International Certification Co...
- MARKET WATCH
- Employee Development- Luxury or Necessity?
- Congratulations to M&C Drugstore GarnierFructis Pr...
- Certain skills can be a natural fit for MLM Industry!
- Cartridge World St. Lucia Celebrates Earth Day 2013
- Administrative Professionals Day
- A Call for Harmonized Trademark Registration withi...
- WOMEN T20 BOWLS OFF TODAY
- United Insurance School Cricket
- SLBF Weekend Games At Four Venues
- Regional Super 50 Final On Sunday
- LIME Supports International Volleyball in St.Lucia
- Choiseul Village Youth Recognized
- Your right to get your gift back
- What can’t be seen and isn’t known
- What a Wick: the last 7 days in 12 (13th to 19th A...
- United and Strong Stages Regional Documentation Tr...
- The Port Delivers for Jazz
- Responding to Children with Disabilities
- Passing of a Conservation Champion
- The InTime Education National Awareness Programme
- Kiwanis one-day project
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- He made the world a better place
- Fit4Life – The New Year Revolution cont’d
- C.A.R.E: CARING IN BOTH OLD and NEW WAYS
- Banker’s Association Gives to Gros Islet Secondary...
- A Future for SIDS: The Post-2015 Development Agend...
- A Future for SIDS: The Post-2015 Development Agend...
- A Case for Rain
- Why commuters are taking a back seat
- WANTED: Equity in Taxation!
- THE BLAME GAME … focussing on Saint Lucia
- Ten reasons why it is wrong to give the “morning a...
- Suicide and Youths
- Positive speaking
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- A discomforting hurricane season predicted
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April
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21 comments:
HISTORICAL NUMBERS:
Budget 2009 $1.211.355.609
Budget 2010 $1.210.911.400
Budget 2011 $1.337.807.300
Budget 2012 $1.457.851.100
Budget 2013 $1.327.405.100
Interesting!
What are these numbers reflecting?
What are they reflecting anonymous??
you cant just stop mid way in a point...but if you ask me...
I'd say random numbers put on paper
A Country Going Backwards - AGAIN!!??
This tells me that there is a budget correction taking place. I am also, of the view that St.Luica is not a billion dollar economy- simply the numbers just don’t add up.
The Net difference in the budget 2009 and 2010 …is, approximately 400 less.
In 2011 net difference 1.268 million more
In 2012 the net difference jumped to 120 million ---more than 2011…… but look what is happen now……
2013 net difference is 130 million lower ..from last year
So what is the lesson here…
----there is a pattern of decline as far back as 2009….and that---the 2012 budget allocation was a RISKY stretch that did not deliver on the promises of better days.
Now……the following is a known fact……. In 2012, Growth rate -0.6%; inflation 4.2% and debt /GDP of 80.2%. The overall deficit/GDP -12.9%; unemployment 20.7% (not taking into account the underemployment rate)..
So these could very well be some of the facts at play here!
Which means as we stand today Saint Lucia’s BUDGET allocation is lower by 10 million to that of 2011
And a difference of 130 million from last year- this is serious stuff.
This reflects the follow ---One, the budget allocation is under severe pressure and over stretched.
Two- the forecast amounts are not being met, and that large sums of revenue, donation, and expect funds from other sources did not come through.
And this is where, the question of WHY-WHAT –and HOW this happens-must be asked by citizens and answered by parliamentarians during the debate.
Mr. PM and minister for finance please explain?
In the private sector, if i had to report and explain these numbers to a aboard of directors or share holders, I would have to resign.
What did your last billion dollar budget bring us???? Absolutely nothing to talk about. Now you talking again about an other billion dollar budget which in two years has cost the country in excess of 2 billion.
What a waste!!
In 9 previous years this same cast of characters presented annual budgets.
All they did was borrow recklessly and spend like madmen.
Now this is just another carbom copy of incompetence by Kenny and Phillip.
The days spent in the House talking about the budget is a waste. It is all smoke and mirrors.
If you look t what was said in the budget last year you will see it is the same amalgam of obsfucation, lies and promises by a snake oil salesman.
An utter waste of time.
u all u w psssss must go mad i will bring 2 all u at LA TOCK DRY----COCONUTS. BOG FOOOOOOOO.
Pointless debating figures without knowledge of the PM's plans, priorities and sectoral allocations. The nation awaits ...
Very good point -
NTN's coverage of the Throne Speech was a lesson in overkill. What a waste of manpower and state resources! Did we really need 6 anchors to cover this event?
This Administration as in previous manifestations is all about cover up, smoke and mirrors, talk, talk, talk, obsfucation, trivialities and a complete lack of transparancy and accountability.
Combine it with our low information voters (even those with degrees) and you have had the recipe for economic and social disaster which is now St. Lucia.
The National Television Network had six anchors to cover the Throne speech but viewers did not get anything from them that the GG did not say substantially and more effectively in both languages.
Ti Chas may, but just may, be able to gather a better set of advisors around him.
They might be able to create a strategic plan and a related plan of action for radical change for economic transformation, based on technological change and incorporation of technology in products and services with a focused export orientation.
However, extrapolating from the Air Jamaica experience, as a guide to the future, there is not much there in terms of BUSINESS TURNAROUND knowledge and ability, to inspire much confidence.
After all, as an officer in the Air Jamaica saga, that, like the severally hyped marketing ventures under his watch as tourism minister, were financial disasters.
Air Jamaica crashed! OPM, he seems to know, like the beloved Messiah DK, how to waste that, with flair.
No meaningful financial analysis is evident with the children playing, as if with wooden blocks with numbers carved into them above.
If a lay person lies to the government - it is called a felony ...
If the government lies to their public - it is called politics!!
And if you have revolving convoys of jackasses and country-bookies baying and braying "Mr. Speaker", "Mr. Speaker" and not much else as MPs, worse yet.
NTN had six anchors to cover a Throne Speech whilst most news networks - the world over - are cutting costs and increasing visibility through convergent media platforms. Who knew that the same TV anchor could also speak to a radio audience and maintain a live Twitter feed at the same time?! Do better.
Our childlike behaviour prevents us from seeing the forest for the trees.
The most important thing affecting us would be the DETAILS in the provisions and proposals in the next BUDGET -- not all the hoopla surrounding it.
Anybody talking their USUAL POLITICAL CRAP based on smoke and partisan bias is totally and ABSOLUTELY USELESS to us -- regardless of societal status.
So they can pack their usual crap back it up where it came from.
Those that know better are not fooled by all this theatre.
AS USUAL, the so-called Throne Speech is nothing more than the usual ceremonial/colonial crap.
Our greater --- not the total, mind you --- reality is the budget itself.
Quit fooling yourself and falling for the entrenched and established political game-playing and manipulation.
Colonial crap is crap and political theatre is even much more dysfunctional, especially when the actors are all local.
people complain about having "x" number of anchors covering the session . . . can they enlighten me as to how much it cost the nation in salaries/other areas? Do you have that info?
Curious minds need to know.
Oh, you mean how many of those covering the event were paid consultants? Ask the minister with responsibility for public information and broadcasting, he knows best.
Any initiative to raise revenue must be attended by initiatives to decrease the unemployment rate in the island. If the strategy is to increase taxes, it becomes apparent that a viable workforce will produce equally viable dividens for the national coffers.
The old people have taught us that it is not how much you make, but how you spend it that will determine the fiscal health of the nation. It is in the seductive business of spending the people's money that ministries of finace are proved. Can we find the ways of good stewardship that leave the nation solvent at the end of the fiscal year? Or will bobol and pwafawance leave us in the dark with no oil in the national lamp?
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