Taiwan Invests In Saint Lucia’s New Youth Economy

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The newly enacted Youth Economy Programme, the brainchild of Prime Minister Hon. Philip J. Pierre, has attracted support and acclaim from Saint Lucia’s close ally and diplomatic partner the Republic of China (Taiwan).

Hon. Pierre’s Youth Economy Programme affords Saint Lucia’s young aspiring entrepreneurs and business owners an exclusive and streamlined facility to acquire grant and loan financing to start or expand their micro-business ventures.

The Prime Minister and his Cabinet are pleased to announce that the Government of Taiwan has decided to invest in Saint Lucia’s Youth Economy.

The Taiwanese Ambassador to Saint Lucia, H.E Peter Chia-yen Chen personally handed over a cheque valued at XCD137,000 to the Permanent Secretary in the Ministry of Economic Development during a brief ceremony on October 17, 2022.

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The Pierre Administration has allocated more than XCD 10 million in the 2022/23 Budget towards the Youth Economy Programme. The legislation establishing the Youth Economy was passed in the House of Parliament in July of this year.

The implementation of Hon. Pierre’s Youth Economy will help create a more conducive economic environment that promotes entrepreneurship and facilitates business development and growth in Saint Lucia, primarily amongst the nation’s youth.

SOURCE: Office of the Prime Minister. Headline photo courtesy Office of the Prime Minister

 

 

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Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

10 COMMENTS

    • Maybe that is the price we pay – Taiwanese refugees in St Lucia after the invasion! Rather Taiwanese Chinese, than mainland Chinese any day though – completely different political and cultural values.

      • Hon Prime Minister. We also have a youth population( predominantly women) at the Department of Nursing at SALCC. We as students are being mentally, emotionally and financially tormented in that place. The administration of the department of nursing is really not concern about our emotional, psychological and academic wellbeing. The only concern is finance. More time is spent collecting money in that department(physically) than nurturing the qualities of a competent nurse. We need help Hon PM. Please assist.

  1. Thank you Taiwan 🇹🇼 and @ oh really, shut IT! St Lucia needs more Female Kings to over see customs, bordorlais, Forensics , private planes, millionaire yachts, diplomats unwatched travel bags ect….

  2. -105smhp, you think all these donations have no strings attached. When the time comes they will need something back. I have no issue with Taiwan but don’t be naive.

  3. @oh really.. u may have a point but the point is Taiwan 🇹🇼 is really the sole giver of gifts other than Japan. Where are the gifts from all these other countries getting free rides on this island including Georgie? SMH

  4. This is a move in the right direction. We need to invest in the youth as they are tomorrow’s future. However, the same thought and courtesy needs to be extended by our educational institutions and by extension our Nursing Program at the SALCC. This management needs to invest in the wellbeing of its stakeholders and not try to suck them out of every dollar while offering mediocre education and extremely poor conditions. We demand change. We deserve better. This institution is one of the biggest reasons Healthcare is so poor and vulgar . NURSES LACK EMPATHY, SOME LACK RESPECT OTHERS ARE EMOTIONALLY DISCONNECTED BECUASE THIS INSTITUTION TORMENTS STUDENTS. THE MANGEMENT INFLICTS EMOTIONAL, PSYCHOLOGICAL, SPIRITUAL HARM JUST NAME IT AND THEN SPRINKLE FINANCIAL MURDER OVER IT. This extortion must be stopped, this assassination of students character for monetary purposes must come to an end, this breeding of monsters must come to an end. We need divine interventions, we need the persons responsible for change to take charge because the welfare of our sweet st.lucia is in your hand. #wewantchange #weneedbettermanagement #weneedaccountability #justiceforourstudentnurses

  5. Hon Prime Minister. We also have a youth population( predominantly women) at the Department of Nursing at SALCC. We as students are being mentally, emotionally and financially tormented in that place. The administration of the department of nursing is really not concern about our emotional, psychological and academic wellbeing. The only concern is finance. More time is spent collecting money in that department(physically) than nurturing the qualities of a competent nurse. We need help Hon PM. Please assist.

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