PM comments on whether St Lucia should be run like a business

PM comments on whether St Lucia should be run like a business

St Lucia’s economy is not generating enough revenue to adequately support the provision of basic services such as roads, schools and healthcare, Prime Minister Allen Chastanet said.

The Prime Minister expressed the concern this week while fielding a question from a journalist on whether he’s stated before that the country ought to be run similar to a business.

Mr. Chastanet said while there are social implication that must be taken into consideration, at the end of the day, government must be run like a business in that its revenue must be greater than its costs.

He said St Lucia has been running a deficit for the past 20 years which has resulted in the diminished quality of roads, schools, healthcare and national security.

“It is very clear for us that the size of our GDP is inadequate. It’s not generating enough cash that’s turning over in order for us to be able to provide the resources,” he said.

He said the next obvious solution would be to increase taxes, which would not be in the best interest of the country because of its size and high dependence on foreign investment.

The answer, he said, is to increase the size of the economy by broadening the nation’s infrastructure.

“There are a couple critical things that we have to do. We have to be able to broaden our infrastructure. So when I use the word capacity what I’m talking about, do we have enough roads? Do we have a big enough airport? are our ports large enough? Do we have enough of a water supply? Are we producing enough electricity that if we double the size of our economy that we can meet those demands,” Chastanet said.

He said St Lucia must also ensure that the skill sets of its human resources can allow it to be competitive.

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16 Comments

  1. Anonymous
    August 24, 2017 at 7:41 am Reply

    Lmao……the not too smart pm

  2. Anonymous
    August 24, 2017 at 8:03 am Reply

    Get out of the office (Words deleted)

  3. Trump
    August 24, 2017 at 8:30 am Reply

    Allan I like your stlye of leadership keep up the good work .

  4. Anonymous
    August 24, 2017 at 9:03 am Reply

    As much as this is debatable, having stated alot of important points. This is indeed a better response to the UWI lecturer than asking for him to be punished.

  5. Anonymous
    August 24, 2017 at 10:34 am Reply

    A business operates strictly for profit but a government exits not for profit but to create opportunities for its people to strive and live comfortable lives. Government has to generate enough revenue to carry out its mandate. It should ensure there are adequate roads, a reliable water and electricity supply, proper security among other services. The best way to achieve this is by creating a striving economy that would incentivize entrepreneurial activities both local and foreign. Efficiency in government is a must. There’s too much wastage. The public and civil services are too overstaffed with too many political appointees, too much giveaways (duty free concessions especially to those who are not entitled), these have to be curtailed. The government spends too much money on frequent overseas trips that yield no benefits for the country . All corrupt practices should cease forthwith. Corruption depletes the treasury and leads to higher taxes. Not all politicians who win their seats should be made Ministers of government. The Cabinet should not be overcrowded. Wastage again. The point is that governments should be streamlined in order get the best from its employees with as little wastage of time and resources as possible.
    Vibz

    1. Anonymous
      August 24, 2017 at 12:40 pm Reply

      A common sense aguement? Yes, but not as common as its should be.

  6. A Voter
    August 24, 2017 at 11:21 am Reply

    Lmao… What can I say.. This is what you voted for, St. Lucia 🇱🇨. Lmao.

  7. Anonymous
    August 24, 2017 at 11:26 am Reply

    Allen go and poop. You sound constipated

  8. 666 - No Political Affiliation.
    August 24, 2017 at 12:25 pm Reply

    Allen, you are wrong dude, a hybrid approach perhaps, but not like a business.

    Like I said before, UWP is too business oriented and SLP too socialist. Find the happy medium!

  9. PM comments on whether St Lucia should be run like a business | The Caribbean Mirror
    August 24, 2017 at 1:02 pm Reply

    […] August 24th, 2017 9 comments […]

  10. Audi Driving Socialist
    August 24, 2017 at 1:39 pm Reply

    Brilliant Mr. PM! Instead of uselessly growing government, lets make sure that the services being provided are indeed sustainable. Those who say differently can give no reason why you are wrong except to throw out insults. Hillaire,Pip or Alva can never be PM….they havent even begun the infighting….so its smooth sailing on the Chastanet Cruise!n All on board!!!

  11. Anonymous
    August 24, 2017 at 1:52 pm Reply

    When a business is no longer profitable or when one is tired of it what happens. You sell it. I hope thats not the plan.

  12. Anonymous
    August 24, 2017 at 3:17 pm Reply

    A government should never be run like a business

  13. Relentless
    August 24, 2017 at 3:45 pm Reply

    ‘The answer, he said, is to increase the size of the economy by broadening the nation’s infrastructure…’.Mr. PM where you getting the money to do that? You had a good opportunity with DSH and CIP and you gave it all away for free. So you are only talking crap now. Baytiz

  14. Anonymous
    August 24, 2017 at 4:28 pm Reply

    i have been saying this for years. run the country like a business and we shall see a difference but one must keep in mind that some essential services cannot be run like a business

  15. Anonymous
    August 24, 2017 at 8:06 pm Reply

    If you have a business, would you like it to collapse? The ans. is obvious. A resounding No!!
    IF you run a country would you like it to collapse? A resounding NO!! Then is it totally wrong to attempt to run the country like a business?

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