Prime Minister Allen Chastanet has asserted that 3 ½ years into the current administration, Saint Lucians can see and feel the positive signs that “we are moving in the right direction.”
Chastanet made the assertion in his New Years address to the nation dubbed ‘Now Is The Time’.
Citing a number of achievements of his government, he declared that history shows Saint Lucia always prospers under a United Workers Party (UWP) administration.
Chastanet said one of the first actions of his government on taking office was to fulfill a general election promise to ease the burdens on the entire population.
“We immediately implemented Five to Stay Alive,” he observed.
According to the PM, this included reducing the 15% Value Added Tax (VAT); putting a freeze on property taxes; introducing an amnesty on hospital bills; reducing the vehicle licensing costs and doubling the allocations for the school feeding and transportation programmes.
The Prime Minister recalled that the recent IMF assessment on Saint Lucia described growth prospects in the near term as favourable.
He said the assessment projected that the commencement of imminent infrastructural projects will substantially boost growth in the 2020-2022 period.
“Unemployment which was at 25 percent when we came in, has been reduced to 17 percent according to the most recent reports from the Statistics Department, and we anticipate a further reduction this year,” Chastanet told the nation.
He stated that the undisputed fact is that this country’s economy has recorded growth in every single year since his party took office.
“I make this point to emphasize the fact that history shows that Saint Lucia always prospers under a United Workers Party administration. We have a track record laid down by our founding father Sir John Compton of consistently developing this country,” Chastanet declared.
“Our policies are working and we are moving in the right direction,” the PM said.