Chastanet: Budget not enough!

Chastanet: Budget not enough!

Prime Minister Allen Chastanet has declared that the national budget of EC$ 1.5 billion is not enough.

Chastanet will present his first ever budget to Parliament on Wednesday since his ruling United Workers Party (UWP) won the June 2016 general elections.

The budgetary process begins today following the traditional Throne Speech by Governor General Dame Pearlette Louisy, heralding a new session of Parliament.

“The budget is not high enough. There are a lot of people in this country that still need help,” the Saint Lucia Prime Minister told reporters on Monday.

He referred to the state of Saint Lucia’s roads, hospitals, schools and the judicial system, declaring that the budget is the best that his administration can offer at this time although it is not enough.

According to Chastanet, over the next three years the first priority will be to grow the economy.

“The things that I have been doing to try to get investors into this country, to generate new jobs are priority number one and that’s why I have a difficulty with some agencies that continuously fight the need to grow,” the Prime Minister said.

He told reporters that it appears as if investment is a bad word.

“We need to change that,” Chastanet said.

He explained that the question is how to generate more revenue for the country.

“You generate that revenue through taxation? So when we had the VAT at 15 percent with the possibility that the VAT could have gone to 17 percent – is that the way you are going to solve the problem? Do you solve the problem by increasing personal income tax and increasing corporate taxes? Do you add on a whole bunch of new fees?” Chastanet asked.

He explained that his administration does not believe that is the way forward.

Chastanet expressed the belief that taxes have to be lowered, while Saint Lucia has to be made more competitive to encourage local and regional businessmen to invest and foreign investment has to be brought into this country.

“That’s job number one,” he stated.

Chastanet asserted that in so doing, money will be put into the pockets of people and the consumption on the island will increase.

He said while the rate of taxes will be lower, people will be consuming more with the result that more revenue will be coming in to the government so that it can provide essential services without borrowing money.

According to Chastanet, one of the biggest costs now is the interest Saint Lucia is paying on its loans.

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19 Comments

  1. Anonymous
    April 25, 2017 at 9:41 am Reply

    Ooh shut the hell up allen

    1. LB
      April 25, 2017 at 10:06 am Reply

      You shut up, especially if you have nothing substantial,or constructive, to contribute.

    2. Anonymous
      April 25, 2017 at 10:26 am Reply

      If you have a better solution please present or you just shut the hell up you bloody hack

      1. Anonymous
        April 25, 2017 at 10:45 am Reply

        What are you then

    3. Anonymous
      April 25, 2017 at 3:02 pm Reply

      LMBO!
      I agree! Shut the hell up Allen!

  2. Anonymous
    April 25, 2017 at 9:48 am Reply

    I wish I had a magic wand to strike u with the nonesense u saying there. I voted UWP and trust me I will be the first come general election to campaign against that administration. I’m fed up. The people is fed up. I will take a stance to see that administration go. I dislike u Chastenet with a passion

  3. Anonymous
    April 25, 2017 at 10:14 am Reply

    You people need to listen unless you c as n come up with better ideas to boost the economy clean your streets get hid of the thugs thieves and murderers get your house in order Saint Lucians see the signs we need a way forward our country csn be great let’s make it great the envy of the other islands be proud feel proud not discontent.
    Pray to God to show you the light have faith.

    1. Anonymous
      April 25, 2017 at 11:28 am Reply

      Allen said he had the solutions. That’s what he is being paid to do.

  4. ...
    April 25, 2017 at 11:10 am Reply

    he is saying “not enough” in advance, to allow us to not expect much in return…

  5. Anonymous
    April 25, 2017 at 11:31 am Reply

    So true, it’s all gimmicj

  6. Anonymous
    April 25, 2017 at 11:49 am Reply

    I wish I had a magic wand to strike u Chastenet. U are so upsetting I dislike u so very much.

    1. Anonymous
      April 25, 2017 at 12:01 pm Reply

      And what is your point? When you dislike him does he even know that you alive. You all stupid comments so sickening

    2. malcaddy
      April 25, 2017 at 12:10 pm Reply

      I wonder how well you are liked?

  7. give and take
    April 25, 2017 at 11:50 am Reply

    Not a political person but if you put a man there to do a job, at least allow him to do it.
    In due time we all shall see if its working or not. We ask for a better way but we don’t want to allow whoever is in power to start anything, while still asking to do something

  8. Annius
    April 25, 2017 at 12:26 pm Reply

    O

  9. Anonymous
    April 25, 2017 at 1:12 pm Reply

    What is this “knows not he knows not” babbling about now. You worked out your expenditure and when you are about to present you declare its not enough! Whose to be blamed for that you idiot? Why even bother to tell that to the nation as if is somebody else organise the budget for you? Man take that back and start telling the country, at least once a while, something worthwhile.

  10. Anonymous
    April 25, 2017 at 3:35 pm Reply

    Oh please..money in whose pockets?? The poor people..ah still waiting damn it!

  11. Joe
    April 26, 2017 at 2:00 am Reply

    St lucia’s bankrupt state falls clearly on the head of the incompetent Kenny and Philllip.
    We pay over $700 million in wages and interest annually.
    Kenny and Phillip being useless with only less than 1% growth in 14 years in power TRIPLED the size of the civil service packing it with party hacks. That is also why so many leaks in govt.
    They borrowed $1.5 billion and increased debt servicing from $18 million annually to $170 million.
    That is why we are bankrupt. Useless incompetent labour leaders. And now they trying to prevent UWP from working.

    1. Anonymous
      April 26, 2017 at 4:28 am Reply

      Exactly. They’re‚Äč hoping to get the government out cuz all the friends and family they packed the civil sector with are starting to feel the pressure. No more extra money in their pockets. They’ll probably not be able to survive the next couple years unless they get some form of kickback. Bet SLP will try to call for early election while in opposition when they get desperate enough for money

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