Showing posts with label Minister. Show all posts
Showing posts with label Minister. Show all posts

Monday, January 26, 2015

Hoax call put through to British prime minister

Sunday, January 25, 2015 | 6:57 PM    

LONDON, United Kingdom (AFP) – A hoax caller pretending to be a spy chief was put through to British Prime Minister David Cameron yesterday, prompting a review of security procedures, a government spokeswoman said.

The caller pretended to be the director of Britain’s electronic spy agency GCHQ Robert Hannigan, and was put through to Cameron on an official mobile phone, the spokeswoman said.

The “brief” conversation ended once it was revealed to be a hoax and no sensitive information was disclosed, she added.

It followed a previous hoax call to GCHQ on Sunday, in which Hannigan’s mobile phone number was given to the caller.

“Following two hoax calls to government departments today, a notice has gone out to all departments to be on the alert for such calls,” the spokeswoman said.

“A hoax caller claiming to be the GCHQ director was connected to the prime minister. The prime minister ended the call when it became clear it was a hoax.

“Both GCHQ and Number 10 take security seriously and both are currently reviewing procedures following these hoax calls to ensure that the government learns any lessons from this incident.”

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Hoax call put through to British prime minister

Thursday, January 22, 2015

UAE energy minister: No change in OPEC policy amid oil slide

ABU DHABI, United Arab Emirates (AP) — The energy minister for the United Arab Emirates said yesterday his country is concerned about the balance in the oil market but added that OPEC does not plan to shift its strategy to shore up falling crude prices.

Oil prices have lost well over half their value since late June, with benchmark US prices now trading below US$45 a barrel.

OPEC, a 12-member bloc that includes the Emirates, decided at its last meeting in November to keep its production levels unchanged. A decision to cut production could have helped boost prices, a move that would also benefit rivals including higher-cost producers benefiting from the US oil-shale boom.

Emirati Energy Minister Suhail Bin Mohammed al-Mazroui suggested his country believes OPEC’s move is still the right one despite the steep sell-off, and said the organisation will likely wait until its next meeting in June before considering any change in strategy.

“We cannot continue just protecting a certain price,” al-Mazroui said at an energy conference in the Emirati capital, Abu Dhabi.

He said the Emirates is “concerned about the balance of the market but we cannot under any circumstances be the only party that is responsible to balance the market.”


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UAE energy minister: No change in OPEC policy amid oil slide

Saturday, January 17, 2015

Barbados economy on growth path, says finance minister

BRIDGETOWN, Barbados (CMC) — The Barbados Government says the local economy is on a growth path once more and that the fiscal deficit is now on a “downward trajectory”.

Over the past months, the Freundel Stuart Government has implemented a number of stringent policies including laying off thousands of public servants in a bid to turn around the ailing economy.

Finance Minister Chris Sinckler told legislators that the island’s fiscal consolidation programme had been effective in restoring balance to the foreign exchange market and securing the value of the Barbados dollar.

“Our foreign exchange reserves have stabilised, our fiscal deficit is on a downward trajectory and the economic growth is returning. By any objective standard the programme is working.”

But he warned that “we now have to stay the course with the fiscal consolidation programme and do what is necessary to protect the gains we have made over the last 16 months”.

Sinckler said that based on information up to the end of last month, the expenditure targets set out in the fiscal consolidation programme had been achieved and that the Government was on track to record savings of BDS$68.5 million (BDS$1 = US$0.50 cents) from reductions in salaries and wages and BDS$229 million from reductions in transfers and subsidies.

“The expenditure reductions are now projected to generate total savings of BDS$290.8 million, or approximately 3.4 per cent of GDP (gross domestic prouct), over half of the proposed fiscal adjustment. The new revenue measures, (namely the) Consolidation Tax, Municipal Solid Waste Tax and Bank Assets Tax, are now projected to yield BDS$91.2 million or 1.07 per cent of GDP, and a special dividend from the sale of BNTCL another BDS$70 million or 0.82 per cent of GDP.

“Therefore, the fiscal adjustment measures currently in place are now projected to yield a reduction of BDS$452 million in the deficit or a reduction of 5.3 per cent of GDP,” Sinckler said, adding he was also confident that the targets set out by the Government would be met in 2014.

Sinckler added that Government had decided to delay the introduction of any major new tax reform measures until the budget presentation next year.

He said that while a tax study done by the International Monetary Fund (IMF) had provided a comprehensive basis for reviewing the island’s tax system, Government was not satisfied that the necessary impact analyses of any proposed adjustments to key growth sectors and vulnerable groups in society had been completed.

“The economy is showing its strongest signs of recovery since 2009, and we want to exercise an abundance of care in introducing new measures that may derail a return to sustainable growth.

“In light of this, and together with the discipline which we intend to place on supplementary budget allocations, we have determined that additional smaller expenditure cuts across the board, and more efficient targeted collection of existing taxes to effect gains of BDS$32.8 million will be sufficient to get us close to our deficit reduction target,” he said.

The finance minister also announced a short-term amnesty to all taxpayers across all tax categories on the interest and penalty accrued on taxes owed at December 31, 2014, to assist the Barbados Revenue Authority in its tax administration and collection efforts.

He said access to this facility would be on the basis that the taxpayers paid their total outstanding principal on or before March 15, 2015.

Sinckler said the Government was also extending the existing revenue measures that formed part of the 19-month programme until April 2016.

However, he noted, the Government would be reviewing the Municipal Solid Waste Tax with a view to determining whether its continued existence in its present form was justified.


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Barbados economy on growth path, says finance minister

Monday, January 12, 2015

REMEMBERING TRINIDAD’S FORMER MINISTER OF SECURITY - Legacy of a humble man

Wednesday, January 07, 2015 | 2:56 AM    

The Editor:

The tragic news came from a telephone call at 8:44 A.M. this morning that Martin Joseph passed away. The news had me stumped. I then called his house and could not get confirmation of his death. I subsequently telephoned Andre Monteil, a long standing friend of mine at whose home in Tobago, Martin was vacationing.

Monteil was in a shaken state. He said Joseph, one of his best and closest friends, had died after they had finished exercising.  He said Martin went for a swim. The rest of the story after that was too tragic to recall.

The tears rolled from my eyes. My friends Peter George and Peter Albert were simultaneously on my home phone and cell phones, when a what’s app message with a picture of Martin lying motionless on the sand popped open. It was the trigger for the crying I tried to keep inside. Uncontrollably, I wept openly for my dear and closest friend, Martin Rupert Joseph.

Our relationship goes back 22 years from his time as Chairman of the Public Transport Service Corporation PTSC and NIB. Martin and myself struck up a relationship after discovering that despite what people said about him, in fact he was a dedicated, honest, and hardworking professional, who was a far cut above the average. Deadlines meant something to him, and he was always about getting the job done, not seeking praise.

We subsequently developed a professional relationship after we worked on a successful general election campaign consultancy in Grenada in the late 1990’s.

After that we came together to work on the Mayaro general elections campaign in 2002, after Franklin Khan had lost twice to Winston Gypsy Peters. The team of Martin Joseph, Andre Monteil and myself made this seat the most valued and heavily battled seat in the country, as it was seen as the link to PNM winning government. When the smoke cleared, Mayaro was won, the PNM since then has not been able to retain the seat, defaulting back to Mr. Peters.  However, Mayaro was key to holding government, and with that victory a lot was achieved after regaining office.

PNM was able to double the GDP of Trinidad and Tobago leading to a surge in the quality of life among the citizenry in the country.  That era ushered in revolutionary policies such as free treatment for HIV patients, who before were left to rot and die on our streets, free drugs for the entire population suffering with chronic diseases, free tertiary education, expansion of Foreign Direct Investment in the oil, gas and petro chemical sectors, a heritage and stabilization fund was introduced for the first time in our history.

Martin always said that these were positive achievements for a developing country, a little late but necessary, if we were to bring people out of feeling hopeless and debilitated. He said that the 2002 election was important because it facilitated and allowed these positive developments to occur, which he was satisfied would benefit Trinidad in the near future.

Since 1998 Martin and myself worked closely and consulted on several elections in Barbados, Local Government Elections in Trinidad, and THA elections, and sundry other activities, too many to mention.

Martin and I worked closely in the Ministry of Housing where he was able to develop and implement a comprehensive national Housing Policy which eventually built 27,000 homes, the most by any Minister or administration since Independence. We worked closely at the Ministry of Public Utilities, and through SWMCOL was able to treat with landfill management issues by re-establishing proper waste disposal infrastructure and systems. The idea of a fire burning at a landfill had stopped by 2003 under the then tenure of Mr. Ray Brathwaite then Executive Chairman of SWMCOL.

Last, but not the least, was our stint at the Ministry of National Security, where he attempted to bring about change by trying to transform the entire law enforcement system.

Martin always said that it is easy to condemn in public, but it does not augur well for those on the receiving end of such criticism, as it ultimately makes the organization look bad, and affects positive outcomes and performance.

He preferred to take the ire of negative public opinion, than give in to the demands of the gallery. His famous quote was to “Praise in public” but “criticize in private”. He lived by that mantra. He also believed in the old saying “walk softly and carry a big stick”. Martin was an eternal diplomat.

Many did not know he was Chair of CICTE, the OAS Department for Counter Terrorism, and while there was able to achieve a lot and earned the respect of regional leaders.  He always involved us in work beyond our pay grade

But Martin also helped shaped CARICOM Security Policy, which was not really cohesive, by developing policy eventually leading to the formation of CARICOM IMPACS, the regional security apparatus.

Our time at National Security was difficult. A lot of unfortunate criticism was levelled at Martin, some because it was political, others because of his loyalty to the leadership of the PNM.

Martin and I had our differences. We stopped talking to each other for two years until I got a call from him late one night after a thief had broken into his flag staff home and held him up at gunpoint.  He was petrified, but showed bravery and managed to overpower the criminal and escaped being shot.

I was surprised to be among the first persons he called. I immediately went down to his home.

From then onwards, at least once or twice per month, when I am in Trinidad, we would meet.

Martin was a forthright individual. He had few close friends namely; Richardson Franklin (Former Special Technical Adviser for National Security) Andre Monteil, Mariano Browne and myself. But he had many acquaintances and skilfully kept people in compartments.  Martin remained dedicated to the PNM, believing that the party was a source of personal empowerment and accomplishment for Trinidad and Tobago as a Nation.

My dear friend, we have fought many battles together, victorious on all occasions. You are gone now to a better place, may your great legacy of honesty, fortitude, humility, temperance, and strength of purpose transcend to a better society and world.

Your friend,

David Fraser

David Fraser, a Journalist and Communication Consultant, is Chairman of The Angellus Foundation in Trinidad and Executive Consultant at MSPACE Ltd., a regional project management organization.

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REMEMBERING TRINIDAD’S FORMER MINISTER OF SECURITY - Legacy of a humble man

Sunday, October 19, 2014

Health minister to lead Ebola delegation to Cuba

Saturday, October 18, 2014 | 10:53 AM    

Minister of Health Dr Fenton Ferguson will be leading a delegation to Cuba to seek support in light of the threat of Ebola.

Ferguson made the announcement Friday at the official reopening of the Llandewey Health Centre in St Thomas.

“I have met with the Cuban ambassador and a broad delegation including the private sector will be visiting Cuba to seek support from the Government. As we are aware, Cuba sent a mission to West Africa in the response to the Ebola outbreak in that region and we would like some support from their medical doctors to help with our national response” Ferguson said.

Meanwhile, the minister also called for unity in the coordinated response to Eloba.

“While we are going through the chikungunya outbreak, we know that the mortality rate for this disease is less than 1 per cent but Ebola is no joke. The Ebola virus is a severe, often fatal illness with a death rate of up to 90 per cent. The prime minister has elevated the country’s response to a national health Response. We are calling on every citizens of this country to unite around this response,” he stated.

The reopening of the Llandewey Health Centre forms part of the ministry’s strategy to build and restore more health facilities to allow citizens to access care easily. Over one hundred health centres have been repaired as a demonstration of the ministry’s commitment to develop the primary healthcare infrastructure across the island.

Renovation of the Llandewey Health Centre was at a cost of approximately $11 million.

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Health minister to lead Ebola delegation to Cuba

Sunday, October 5, 2014

Education minister pays tribute to late educator Eric Frater

Saturday, October 04, 2014 | 11:00 AM    

KINGSTON, Jamaica — Minister of Education Ronald Thwaites has joined the educational fraternity in paying tribute to veteran educator Eric Frater, who passed away on Friday, October 3.

The minister noted in a release that Frater’s dedication to uplifting young people was exemplified by his presence at the University of Technology’s Council meeting last Monday.

Frater taught at several secondary schools and also at the University of the West Indies. He also served with distinction as Principal of Rusea’s High School in Hanover.

“Eric’s penetrating intellect and his unfailing graciousness gave him valuable skills in educational administration,” Thwaites said. “We celebrate the long life of a good and loyal Jamaican. May his soul rest in peace.”?

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Education minister pays tribute to late educator Eric Frater

Saturday, October 4, 2014

Jamaicans need to change misconception about crime solution—security minister

Monday, September 29, 2014 | 1:26 PM    

MONTEGO BAY, Jamaica — National Security Minister Peter Bunting has said that Jamaicans need to change their thinking that the solution to crime and violence rests with law enforcement.

“Law enforcement has an important role to play, but if we think it is only law enforcement that is going to fix our crime problem, then we are seriously mistaken. The truth of the matter is…when you look at the root causes of crime, it starts with the family,” the minister said.

Bunting emphasised that there needs to be a deepened understanding among Jamaicans of the causes of crime and violence affecting the island.

Addressing the launch of a Unite for Change forum and First Responders and Violence Interrupters training at the Ocho Rios High School in St Ann, on September 28, the Minister said the understanding is needed in order to identify and put in place strategies aimed at fighting the scourge.

He said it is hoped that through the Unite for Change programme, the quest for a better understanding of the issues surrounding crime and violence will be achieved and a number of misconceptions will be removed from the thinking of Jamaicans.

“A part of the Unite for Change initiative is really working to deepen our understanding of the causes of violence, because if you don’t understand what is causing it…you will end up just treating the symptoms and not curing the disease,” the Minister argued.

Meanwhile, Bunting said one of the strategies being employed by his Ministry in curbing crime and violence is the use of “softer policing”, where members of the Jamaica Constabulary Force (JCF) are dressed in a more civilian-friendly manner, instead of looking as if they are on a mission to confront.

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Jamaicans need to change misconception about crime solution—security minister

Health minister warns against deadly dengue in Chik-V address

Sunday, September 28, 2014 | 7:36 PM    

KINGSTON, Jamaica – The health minister, Dr Fenton Ferguson, has warned the public to safeguard against dengue virus, which is also spread by the aedes aegypti mosquito.

Ferguson issued the warning during a national address Sunday night on the spread of chikungunya virus.

“Be reminded that dengue is also spread by the aedes aegypti mosquito and is more serious than chikungunya, as the death rate is much higher,” said Ferguson.

He added: “Deaths from chikungunya are very rare and usually occur in persons with other illnesses, especially chronic illnesses. The death rate from chikungunya is less than one per cent compared to dengue which is 1-5 per cent and influenza which kills millions each year. In 2012, we had a total of 5,929 suspected dengue cases and in 2013, we had 925 cases.”

At the same time, the minister appealed to persons in high-risk groups, including pregnant women, infants, children under five years old and persons with chronic illnesses such as diabetes, hypertension and cardiovascular disease, to seek medical care “immediately if they experience symptoms that could be chikungunya”.

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Health minister warns against deadly dengue in Chik-V address

Health minister moves to rally citizenry in Chik-V fight

Sunday, September 28, 2014 | 9:19 PM    

KINGSTON, Jamaica – Health Minister Dr Fenton Ferguson on Sunday night attempted to rally the citizenry in an all-out effort to check the rapidly spreading chikungunya disease.

“While the government must lead the process, citizens have a major role to play in the reduction of the spread of this disease,” Ferguson said in an address to the nation.

“It is therefore important for all of us to ensure that we are not harbouring this mosquito in our homes. Personal responsibility is going to be of utmost importance in the reduction of the spread of this disease,” Ferguson added.

“I implore every citizen to join us when we declare a national cleanup day,” he said. “Let us take charge of our health and restore national pride.”

The minister has come under fire in recent months over the handling of the outbreak, which he said Sunday night is expected to spike before it peters out. Members of the public have made repeated calls for him to relinquish his ministerial post over the issue. The Opposition Jamaica Labour Party was no less vocal in expressing dissatisfaction with the health ministry’s tackling of the disease.

But during his address Sunday night, Ferguson said authorities have been working assiduously to check the chikungunya outbreak for which preparation had been made for some two years.

He said that since June, “we have initiated a number of response measures”.

The minister said that those measures include: activities to identify and destroy breeding sites in over 484 communities, with some 50,887 premises inspected; 84,015 containers inspected for mosquito breeding of which 24,206 containers were treated; fogging carried out in 977 communities; active search for cases in communities which involved over 15,532 persons; and direct face-to-face public and community education conducted with some 60,000 people.

These activities, he said, continue daily.

He added also that there have been, and will continue to be, meetings with stakeholders on the way forward.

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Health minister moves to rally citizenry in Chik-V fight

Health minister says Chik-V cases will spike

Sunday, September 28, 2014 | 7:01 PM    

KINGSTON, Jamaica – It will get worse.

Health Minister Dr Fenton Ferguson has said in a national address tonight that Chikungunya cases are expected to spike before the spread of the virus eventually peters out.

“It is important to note that the expectation is for Chikungunya cases to spike and then trend down as persons begin to build immunity to this new disease,” Ferguson said.

He said the spread of the virus was expected and that it was “normal” for new diseases.

This is Ferguson’s first address to the nation since the virus hit Jamaican shores earlier this year. The address comes amid criticism of the Government’s handling of the outbreak.

Chik-V was first reported in the Caribbean last year December.

Last week, Dr Kevin Harvey, the acting permanent secretary in the Ministry of Health, told OBSERVER ONLINE that between 38 per cent and 68 per cent of the population will be infected with the virus.

In his address, Ferguson called on employers to be “compassionate” toward affected employees.

“We are aware of the impact this is having on productivity and attendance at school and work and ask employers to be compassionate and assist their staff through this difficult period,” said the minister, who noted that Jamaica had been preparing for the introduction of Chik-V for “over two years”.

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Health minister says Chik-V cases will spike

Sunday, September 28, 2014

British minister resigns over explicit photos report

Saturday, September 27, 2014 | 2:04 PM    

LONDON, England – (AFP) – A British minister announced his unexpected resignation on Saturday as a newspaper reported he sent an explicit photo of himself online, in the latest setback to David Cameron’s Conservative-led government.

“I have decided to resign as Minister for Civil Society having been notified of a story to be published in a Sunday newspaper,” said Brooks Newmark, a Conservative member of parliament since 2005.

“I would like to appeal for the privacy of my family to be respected at this time. I remain a loyal supporter of this government as its long-term economic plan continues to deliver for the British people,” Newmark said.

The Sunday Mirror reported that Newmark exchanged a series of sexually explicit photos online with a freelance reporter who was posing as a young female activist.

In a private message conversation on a social networking site, Newmark “sent a graphic picture exposing himself while wearing a pair of paisley pyjamas” the tabloid newspaper reported.

The then-minister also invited the reporter to meet with him during the Conservative party conference that begins on Sunday, when the party will set out its case for re-election in the May 2015 election.

It was the second blow to the prime minister on the eve of the conference, following the defection of a Conservative lawmaker to eurosceptic party UKIP earlier on Saturday.

“The prime minister has accepted Brooks Newmark’s resignation from his role as Minister for Civil Society. His replacement will be announced shortly,” Cameron’s office said in a statement.

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British minister resigns over explicit photos report

Health minister to address nation on Chikungunya tonight

Sunday, September 28, 2014 | 9:37 AM    

KINGSTON, Jamaica – Minister of Health Dr Fenton Ferguson will address the nation tonight on the chikungunya outbreak in Jamaica.

In his address, the minister will speak to various issues including partnerships forged to combat the spread of the disease, according to a release from the ministry.

The broadcast will be aired on several radio and television stations. His address will be aired on PBCJ and Love TV at 7 o’clock. CVM-TV will broadcast the message at 9:30 and TVJ at 10:30.

Radio stations s Irie, RJR and Nationwide FM will carry the address at 7 o’clock.

The Government has come under harsh criticism for its handling of the outbreak.

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Health minister to address nation on Chikungunya tonight

Passing IMF tests creates economic stability - Finance Minister

Saturday, September 27, 2014 | 7:06 AM    

KINGSTON, Jamaica – Finance and Planning Minister, Dr Peter Phillips, says that passing the International Monetary Fund (IMF) tests creates stability in the Jamaican economy.

According to Dr Phillips passing the tests means that Jamaica is meeting its targets in instituting key economic reforms, enabling the country to draw-down on funds to promote growth and employment.

Dr Phillips, who was speaking in an interview with JIS News, acknowledged that there are difficulties, but noted that, “I can tell you if we were not passing these tests, life would be tremendously worse.

He said that before Jamaica successfully negotiated the Extended Fund Facility (EFF) with the IMF financing from external entities and investments were low.

“Since then, we’ve had in excess of a billion US (United States) dollars worth of private investments, we’ve had access to loan funds, we have been able to build up our reserves so that if there is a hurricane or crisis of some other sort, we would be able to deal with it,” Dr Phillips explained.

Jamaica has so far successfully passed all five IMF tests under the four-year EFF with the multilateral agency as part of its Economic Reform Programme.

He said that in excess of 30,000 jobs have been added to the economy in the past year, mostly in the areas of tourism, information and communications technology, and agriculture, which mainly benefitted persons in rural parishes.

He said that efforts are being placed on creating more jobs, especially in other sectors, to benefit more Jamaicans.

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Passing IMF tests creates economic stability - Finance Minister

Friday, September 26, 2014

Tourism Minister expects boost in cruise sector next month

Tourism Minister Dr Wykeham McNeil has declared that Jamaica’s cruise sector will receive a significant boost next month, with Thomson Dream home porting one ot its vessels in Montego Bay. 

Thomson Dream, which is the cruise arm of  European travel and tourism company (TUI) made the announcement last year that it intends to base one of its cruise ships in Jamaica.     The home porting of the ship in Montego Bay will result in an additional four flights out of Europe each week, bringing passengers for the vessel.Dr McNeil says an estimated 30 per cent of  the passengers who come for the cruise ships are expected to stay at alocal  hotel.  The Tourism Minister also announced on Wednesday that the country welcomed 939,000 cruise passengers during the months, January to August. That was up 10 per cent from a year ago.  

Falmouth, which handles 700,000 passengers annually, is the biggest port of call in Jamaica, followed by Ocho Rios and Montego Bay.   


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Tourism Minister expects boost in cruise sector next month

Sunday, September 14, 2014

Former Jamaica tourism minister to stand trial

daryl-vaz Former Jamaica tourism minister Daryl Vaz (Image credit: Flickr)

KINGSTON, Jamaica, Friday September 12, 2014, CMC – Former tourism minister Daryl Vaz is due to go on trial early next year on corruption related charges.

Vaz, who will now appear in court on February 16, had been charged in April 2012, following allegations that he conspired with former Senior Superintendent James Forbes and businessman Bruce Bicknell, to quash a bribery charge against Bicknell.

Prosecutors alleged, that Vaz approached the arresting officer, Sergeant Jubert Llewellyn, and promised him “gold bars”…a code word for a promotion, if he withdrew the charge against Bicknell.

In July, Director of Public Prosecutions (DPP) Paula Llewellyn, withdrew the bribery charge against Bicknell. She then argued that it would have been difficult to mount a successful case against him.

However, Forbes was convicted and fined J$800,000 (One Jamaica dollar =US$0.004 cents) for his role in the conspiracy.

Vaz, who is the opposition Jamaica Labour Party (JLP) Member of Parliament for the constituency of West Portland, appeared in court on Thursday when the trial date was set.

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Former Jamaica tourism minister to stand trial

Wednesday, September 10, 2014

Trinidad finance minister presents tax-free TT$64 billion budget

budget_tt_211492811 The Minister of Finance and the Economy, Sen. the Hon. Larry Howai reads the Appropriation (Financial Year 2015) Bill, 2014 during the 3rd Sitting of the House of Representatives on Monday 8th September, 2014. (© 2014 Office the Parliament.)

PORT-OF-SPAIN, Trinidad, Tuesday September 9, 2014, CMC – The Trinidad and Tobago government Monday presented a TT$64.4 billion (One TT dollar =US$0.16 cents) budget to Parliament announcing a number of incentives and a tax amnesty for defaulters.

Finance Minister Larry Howai during a presentation lasting just over two hours, said that the budget was based on a price of a barrel of oil at US$80 and a gar price of US$2.75 per mmBtu.

He said the total revenue was estimated at TT$60.35 billion with the non-oil sector accounting for TT$39.12 billion.

He told legislators that the total expenditure net of capital repayments and sinking fund contributions stood at TT$64.664 billion and that the fiscal year, the government envisages a fiscal deficit of 2.3 per cent of Gross Domestic Product (GDP), down from the 3.6 per cent during the last fiscal year.

He said that this year’s fiscal package is “in keeping with our commitment to reduce the deficit by one per cent per year.

“We are making the appropriate capital investments to drive modernization but this is being done in the context of the consolidation of our fiscal situation. We are ensuring that the budget deficit does not undermine monetary stability nor crowd out the private sector,” Howai told legislators.

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He said was offering an amnesty for tax penalties and interest for late filing of returns and late payment of income, corporation and Value-Added Taxes, business levy and environmental levy.

“The amnesty will apply to returns, penalties and interest on outstanding tax liabilities for years of income up to 2013. Accordingly, all individuals and corporations who have outstanding tax returns or outstanding tax liabilities and associated interest charges will have these interest and penalties waived if they comply by March 31,” he said.

Howai said that the measure will require amendments to the Income Tax Act, the Corporation Tax Act and the Value Added Tax Act and will take place with immediate effect and will expire on March 31, 2015.

The Finance Minister said he was also proposing to waive all penalties outstanding or chargeable on the filing by corporations of documents with the Registrar of Companies. The proposed waiver will be applicable until March 31, next year.

The government has also announced plans to introduce a savings bond which will allow small investors and pensioners to purchase bonds in much smaller denominations, including TT$1,000 per bond.

He said purchases of bonds from the Government will be tax deductible up to TT$5,000 per annum for a period of five years.

Howai said that the government intends to expand the social safety net by modifying a number of benefits effective October 1, this year.

These include a TT$300 monthly increase in the disability grant that will cost the state TT$86.8 million and an increase of the public assistance grant of TT$300 that will cost TT$89.3 million annually.

Howai said that the personal allowances for individuals aged 60 and over will be increased from TT$60,000 to TT$72,000 and a new programme will provide financial assistance in an amount of $500 per month for one year only for any child born to under privileged parents during the course of the next fiscal year.

He said the families of deceased security personally will benefit from a new Fund from which could be drawn the sum of one million dollars which will be placed in the estate of a member of the State protective services killed in the line of duty.

He said effective from October 1, 2014, the government proposes to increase the procurement value under the Fair-Share Programme from one million to TT$1.5 million, to further boost the small business sector.

The pension for senior citizens will be increase by TT$500 from October 1 and the government said the monthly pension for retired public officers will be increased by the same amount.

The government says it intends to bring the self-employed into the national insurance system with an amendment to the National Insurance Act.

“This proposal will be effective January 1, 2015 and will impact initially 11,300 self-employed.

To that end any self-employed person in the age group 57 and over at the commencement of coverage in the year 2015 will receive a one-off payment equivalent to three times their contribution.

“Anyone in the age group 50-56 at the commencement of this coverage who contributed fully in each year prior to retirement will be credited with additional contributions to allow them to receive the minimum monthly pension payments,” he added.

Howai said the government also intends to inject TT$12.9 million into the national insurance system to cover the cost of the additional contributions for those self-employed individuals and the subsidization for the payment of contributions by low-income self-employed persons.

The government has also announced that it will increase the minimum wage from the current TT$12.50 per hour to $15.00 per hour, effective January 1, next year and is also offering new incentives to home owners.

Howai said that the government proposes to expand the existing two per cent mortgage programme by increasing qualifying property values from TT$625,000 to TT$850,000 and by increasing the combined monthly income of households from TT$8,000 to TT$10,000 and to supplement that programme by introducing a new five per cent mortgage programme for households with a combined monthly income of greater than TT$10,000 and less than TT$30,000, towards accessing a mortgage greater than TT$850,000 but not exceeding TT$1.2 million.

Howai said he is also proposing to meet the outstanding reimbursements owed since 2005 to registered maxi-taxi owners for their payments of Motor Vehicle taxes and Value Added Tax.

He said he proposes from January next year to exempt motor vehicle tax and VAT on new or used hybrid and electric-powered vehicles not older than two years for a period of five years for private or commercial use.


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Trinidad finance minister presents tax-free TT$64 billion budget

Tuesday, July 29, 2014

Barbados prime minister ‘opens door’ for Owen Arthur following resignation

Freundel_Stuart_owen_arthur_400x235_361785572 Barbados prime minister, Freundel Stuart (left). former Barbados prime minister, Owen Arthur pictured right. (file photo)

BRIDGETOWN, Barbados, Sunday July 27, 2014, CMC - Prime Minister Freundel Stuart has expressed no surprise at former prime minister, Owen Arthur’s resignation, from the Opposition Barbados Labour Party (BLP), and BLP Leader Mia Mottley, thanked Arthur for his service.

Arthur, on Friday, handed in his letter of resignation with immediate effect to the Office of the Opposition BLP, ending 43 years of membership in which he led the party and country as prime minister for 14 years.

Owen Arthur, who led the party to defeat in the 2013 general election but retained his parliamentary seat in the constituency of St Peter, indicated that he will remain in parliament as an independent member until his term of office comes to an end in 2018.

Arthur was Prime Minister of Barbados from 1994 to 2008, making him the longest serving Barbadian Prime Minister to date. He was also Leader of the Opposition in Barbados from 2010 to 2013.

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Stuart, who heads the Democratic Labour Party (DLP), on Friday cited a historical example of a sitting BLP member of parliament – at the time representing what is now Arthur’s constituency of St Peter – resigning to cross the floor and join the then governing DLP, led by Errol Barrow.
Stuart suggested Arthur is free to follow the example of history.

“Soon or later members of parliament get to realise that the Barbados Labour Party is not the place to be…if Mr Arthur has now got to the stage of this realisation, I am glad for him…I’m glad that he has seen the light, the light was there ever since.”

Opposition Leader, Mia Mottley, said, “Owen Arthur served the Barbados Labour Party and Barbados at a critical time before the end of the last century. He helped to lay the foundation for the Barbados that is and the Barbados that we are struggling to preserve”.

She added, “These are extraordinary times, and extraordinary times require of us courage and extra ordinary action”.


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Barbados prime minister ‘opens door’ for Owen Arthur following resignation

Japanese prime minister meets with CARICOM leaders today

shinzo-abe-740 Japanese Prime Minister Shinzo Abe

PORT-OF-SPAIN, Trinidad, Monday July 28, 2014, CMC – Japanese Prime Minister Shinzo Abe on Sunday began an official two-day visit to Trinidad and Tobago holding talks with Prime Minister Kamla Persad Bissessar.

A statement issued afterwards said that the two leaders had discussed a wide range of issues including possible Japanese investment in the oil-rich twin island Republic and the possibility of Port-of-Spain opening an embassy in Tokyo.

Abe, whose first ever visit here forms part of his trip to Latin America and the Caribbean, will meet with Caribbean Community (CARICOM) leaders on Monday for talks that the Guyana-based CARICOM Secretariat said would include areas such as climate change, technical cooperation, trade and investment.

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The CARICOM Secretariat said that the half-day summit is also expected to provide an opportunity for discussions on the upcoming Third United Nations Conference on Small Island States to be held in Samoa in September.

“The summit provides a timely opportunity to advance CARICOM’s priorities in these areas and for fostering solidarity between CARICOM and Japan,” the statement said.

Abe, who was met on arrival by Foreign Minister Winston Dookeran, expressed his gratitude to the Trinidad and Tobago government for its decision to waive entry visa requirements for Japanese nationals coming here to conduct business for a maximum period of 90 days.

According to the statement issued by the Office of the Prime Minister, the two government leaders discussed the Arms Trade Treaty (ATT) which establishes international standards for the movement of conventional arms and ammunition across borders. Both Japan and Trinidad and Tobago signed the treaty in 2013.

“In the meeting, Prime Minister Persad Bissessar sought the support of the Japanese Government to support Trinidad and Tobago’s bid to host the ATT Secretariat,” the statement said, adding that Port of Spain has also “recognised Japan’s and Trinidad and Tobago’s bid for non-permanent seats on the United Nations Security Council.”

The statement noted that during the discussions, Prime Minister Abe raised the matter of deepening bilateral relations and requested that Trinidad and Tobago consider opening an embassy in Tokyo.

“The Prime Minister promised to immediately engage in discussions with the Minister of Foreign Affairs on this issue.

“Discussions between the two Prime Ministers also focused on Trinidad and Tobago as an attractive destination for trade and investment; in particular, the recent launch of the Tamana Intech Park, the first science and technology park in the Caribbean.”

Prime Minister Persad Bissessar is encouraging Japanese firms to take up residency, particularly firms involved in the areas of ICTs, Clean Technologies, and Agro-processing.

The statement said that the Minister of Trade, Industry, Investment and Communications, Vasant Bharath, would pursue discussions with relevant members of the delegation during their stay.

“The Japanese Prime Minister agreed to consider further areas of cooperation in such ventures,” the statement said, quoting Prime Minister Persad Bissessar as noting the “positive impact on the South-Western peninsula with regard to job creation by the introduction of the dimethyl ether (DME) Project, which has been established by the Massy Group, the Mitsubishi Corporation, and Mitsubishi Gas Chemical”.

The US$850 million project is situated at la Brea, south of here.

The statement said that Japan would also host the fourth Japan/CARICOM Foreign Ministers Forum. It gave no date.


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Japanese prime minister meets with CARICOM leaders today

Online petition calling for dismissal of Trinidad sports minister goes viral

Anil-Roberts-740 Trinidad & Tobago Sports Minister, Anil Roberts (Credit: news.gov.tt)

PORT-OF-SPAIN, Trinidad, Monday July 28, 2014, CMC – A petition calling for the dismissal of embattled Sports Minister Anil Roberts in the wake of a damning audit of the controversial multi-million dollar Lifesport programme has apparede on social networks.

The petition on the website change.org is calling on Prime Minister Kamla Persad Bissessar to “immediately revoke the ministerial portfolio of Anil Roberts” and follows calls even from Robert’s Congress of the People (COP) party for him to step down.

Last weekend, Prime Minister Persad Bissessar told Parliament that she had asked her Attorney General Anand Ramlogan to hand over copies of the audit to the Director of Public Prosecutions and the Commissioner of Police “to investigate, detain and prosecute those guilty to the fullest extent of the law”.

Persad Bissessar said that the audit had revealed a number of discrepancies including procurement breaches; the involvement of some persons in criminal activities; fraud by suppliers; theft of equipment; breaches of the Proceeds of Crime Act and a deviation from the mandates of Cabinet.

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Prime Minister Persad Bissessar, who announced the immediate end to the programme, said that in May, a newspaper publication brought to light allegations of wrong-doing and misuse of resources in the LifeSport programme.

“Based on the very real possibility of there being irregularities I immediately instructed that the programme be transferred to the Ministry of National Security, and that the Ministry of Finance and the Economy, through its Central Audit Committee, conduct a full audit.”

The petition, which has so far been signed by more than 400 people, noted that the audit “has unearthed massive corruption, millions of (dollars of) taxpayers’ money lost and laws of Trinidad and Tobago breached.

The petition also noted that the approval given by Cabinet was not strictly adhered to and there may have been breaches of the Proceeds of Crime Act.

“The citizens of the Republic of Trinidad and Tobago hereby demand that the Hon. Prime Minister immediately advise His Excellency the President Anthony Carmona to revoke the ministerial portfolio of Anil Roberts,” the petition stated.

Legal Affairs Minister Prakash Ramadhar, who is also the COP leader, said the issues highlighted in the audit are a “very grave cause for concern regarding serious breaches of the law….”

“The contents of this report have been referred to several institutions for further investigation to determine whether criminal acts or other breaches of the Integrity in Public Life act and or acts of serious misconduct meriting criminal or disciplinary charges being laid, have been committed,” Ramadhar said in a statement.

He said in light of the findings and further investigations, the COP, which is the second biggest partner in the four-party coalition government here, is calling on Roberts “to recuse himself from his ministerial responsibilities until these investigations are concluded and decisions taken in respect of their findings”.

The main opposition People’s National Movement (PNM) has also called on Roberts to resign.

But Roberts has maintained his innocence, saying that the report has not linked him to any corrupt activities and therefore he had no reason to resign.


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Online petition calling for dismissal of Trinidad sports minister goes viral

Former Barbados prime minister, Owen Arthur, resigns

owen-arthur

BRIDGETOWN, Barbados, Friday July 25, 2014, CMC - Former Prime Minister Owen Arthur Friday announced his resignation as a member of the Barbados Labour Party (BLP) which he has led as Prime Minister for 14 years.

He handed in his letter of resignation with immediate effect to the office of the Opposition Barbados Labour Party Friday morning.

Owen Arthur, who led the party to defeat in the 2013 general election but retained his parliamentary seat in the constituency of St Peter, indicated that he will remain in parliament as an independent member until his term of office comes to an end in 2018.

Arthur was Prime Minister of Barbados from 1994 to 2008, making him the longest serving Barbadian Prime Minister to date. He was also Leader of the Opposition in Barbados from 2010 to 2013.

Below is a recent video clip of Owen Arthur addressing his St Peter constituency:

He led The Barbados Labour Party (BLP) to victory in the 1994 general election and also won the 1999 and 2003 general elections.

The David Thompson led Democratic Labour Party defeated the Barbados Labour Party in the 2008 general election, resulting in Owen Arthur stepping down as party leader, however Arthur remained Member of Parliament for the constituency of Saint Peter.

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Arthur returned as BLP leader in 2010, however following the 2013 general election defeat he was replaced by the current BLP opposition leader, Mia Mottley.

Arthur’s resignation from the BLP comes one day after thousands of Barbadians took to the streets to protest against the imposition of the Municipal Solid Waste Tax. However Arthur tried to distance himself from Solid Waste Tax issue as seen in this tweet from the local media company, Barbados Today.

The midday march, led by Mia Mottley – leader of the opposition Barbados Labour Party (BLP) ended outside the office of Prime Minister, Freundel Stuart, where she delivered a letter of protest on behalf of people across the island.

barbados-protest-march-740

Share your thoughts on Owen Arthur’s resignation in our comments section below.


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Former Barbados prime minister, Owen Arthur, resigns