Budget Speech 2011 - Government of Grenada

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The inclusion of pension funds in the new Insurance Act will ensure this area is brought under the supervision of GARFIN. Finally, Government will move to ratify the various Tax Information Exchange Agreements that were signed last year. 5.17 ENVIRONMENTAL MANAGEMENT The issue of the environment is a top priority for this Administration. Science has established that Climate Change and biodiversity loss pose a threat to humanity. Every citizen of Grenada has a part to play as we issue a call for the reduction of the use of plastics and other non returnable containers. Citizens are urged to play their part in the protection of beaches and marine resources. During the past year, the staffing in the Ministry responsible for the Environment was strengthened and will be further enhanced this year. A major focus of the Ministry is the preparation of projects to grant funding for several projects. In this regard, the Ministry has already submitted project proposals in excess of $20 million for consideration under various ‘adaptation financing’ programmes. During the Climate change negotiations; there were bilateral discussions with nine countries and international organizations to leverage the environment platform to advance our national development priorities. In 2010, Grenada was elected President of the Bureau of the Parities of the Montreal Protocol, and continues to Chair the Alliance of Small Island States. This year, Grenada stands to benefit from funding on several projects developed by the Ministry of the Environment: • Pilot Project on Climate Resilience • Mainstreaming Climate change in the development Agenda • Economic Valuation and Willingness to Pay • Water 2011 Budget Statement Page 81
The Sustainable Development Council has been re-launched and now provides a democratic platform for citizens to actively participate in a range of national development policy issues. It also influences the National Climate Change Agenda with implications for agriculture, forestry, fisheries, tourism and the waste management subsectors. In response to a clarion call made by stakeholders at a dialogue on the Environment in April 2010, Government will place more emphasis on public education this year. 5.18 TRADE AND EXPORT DEVELOPMENT Government has actively pursued with its stakeholders the shaping and implementation of its trade policy with the reactivation the National Trade Policy Coordinating Committee. Government has ensured that the interests of the private sector are represented in all trade negotiations, including the CARICOM-Canada Trade and Development negotiations. At the same time, the conditions are being laid to prepare the private sector to benefit from existing trade agreements including the European Union – Economic Partnership Agreement. The Road Map for the implementation of the EPA in Grenada is now complete. In this regard, the EPA Unit will be established in the first quarter of this year to ensure Grenada benefits from this Agreement. Funding for the Unit will be provided by CARTFund which is a grant from the United Kingdom channeled through the Caribbean Development Bank. Grenada has also led the discussions for the development of a proposal for Aid for Trade for the OECS which focus on policy support, infrastructural financing and support, trade adjustment assistance and supply side support. In addition, Grenada has been selected to host a Regional consultant in the EPA Unit with funding from the Government of Germany. Page 82 2011 Budget Statement
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GOVERNMENT OF GRENADA 2011 Budget S
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5.8 Strengthening Economic Manageme
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Page 4 2011 Budget Statement
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At home, many of us lost loved ones
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not accompanied by significant job
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Mr. Speaker, the data show that the
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3.0 LOCAL DEVELOPMENTS 3.1 Performa
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In an effort to provide additional
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It is useful to understand how Gove
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Based on the revised GDP, Grenada
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This year, our VAT Unit will intens
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Improving the Business Climate •
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o o 6 acres of avocados 10.6 acres
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• Provided every primary and seco
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Violence Act - landmark legislation
Page 31 and 32: We pointed out that there are sever
Page 33 and 34: We commenced the process of tax ref
Page 35 and 36: In preparing this strategy we have
Page 37 and 38: will depend on two additional criti
Page 39 and 40: The individual freedoms we enjoy in
Page 41 and 42: Public Debt - $188.3 million (or 24
Page 43 and 44: 4. Improved marketability of fish p
Page 45 and 46: Support for Airlift It should be no
Page 47 and 48: in securing vacations and is workin
Page 49 and 50: We are working closely with the Off
Page 51 and 52: to explore the technical and commer
Page 53 and 54: the three (3) sites, thus negating
Page 55 and 56: In a real sense, C@ribNET is a cata
Page 57 and 58: And Grenada is not alone. Having re
Page 59 and 60: Project Grenville Market Developmen
Page 61 and 62: The report showed that of the perso
Page 63 and 64: To our dismay, the design works wer
Page 65 and 66: Its development goal is to contribu
Page 67 and 68: Programme. This initiative will tar
Page 69 and 70: VI. Support for Existing Businesses
Page 71 and 72: and we will continue to offer that.
Page 73 and 74: persons whose employment was involu
Page 75 and 76: This year, Government will continue
Page 77 and 78: 9. Creating training and educationa
Page 79 and 80: The Grenada Home Improvement Scheme
Page 81: 4. To commence work on the Top Hill
Page 85 and 86: The updated Public Service Rules an
Page 87 and 88: These achievements included: • Su
Page 89 and 90: all sectors of our society. NaDMA w
Page 91 and 92: The Organisation of Eastern Caribbe
Page 93 and 94: Mr. Speaker, we have articulated a
Page 95 and 96: Page 94 2011 Budget Statement
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Budget Speech 2011 - Government of Grenada

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