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Caribbean Times 100th Issue

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6 c a r i b b e a n t i m e s . a g<br />

Friday 17th February 2017<br />

President of the Senate calls for<br />

legislatures to step up their game<br />

By Joanna Paris<br />

President of the Senate,<br />

Alincia Williams-Grant is<br />

urging Parliamentarians to<br />

take their responsibility seriously<br />

to set true examples<br />

for the youth of Antigua<br />

and Barbuda.<br />

Senator Williams-Grant,<br />

By Joanna Paris<br />

Leader of Government<br />

Business in the Senate and<br />

Minister of State with responsibility<br />

for Finance<br />

and Corporate Governance,<br />

Lennox Weston has announced<br />

a unique initiative<br />

for Antiguans and Barbudans<br />

to invest in the development<br />

of twin island state.<br />

While making his opening<br />

remarks during the<br />

2017 Budget Debate in the<br />

Upper House earlier this<br />

week, Senator Weston said<br />

the initiative is geared towards<br />

“giving Antiguans<br />

and Barbudans the chance<br />

to enjoy the commanding<br />

heights of the country”.<br />

He said that packages<br />

will be divided into six<br />

bonds with individual or<br />

groups having $5 million<br />

US dollar bonds which can<br />

be invested over a 10-year<br />

period.<br />

A call for<br />

Antiguans and<br />

Barbudans to invest<br />

“The bonds can be used<br />

for the roads, for the cark<br />

park or they can ask for<br />

them to be invested in eh<br />

hotel projects like the one<br />

at Valley Church, there is<br />

Halcyon and Royal Antigua<br />

as well”, he explained.<br />

“In other words, we<br />

are developing investment<br />

vehicles small enough for<br />

a group of Antiguans to<br />

come together or individually<br />

whether it is at 1 percent<br />

or one and a half percent<br />

for your fixed deposit,<br />

invest in Antigua”, he emphasized.<br />

He added that the government<br />

will be providing<br />

the opportunity for persons<br />

to invest with a 5-6% return.<br />

Senator Weston told<br />

the House that more details<br />

on this initiative will be announced<br />

shortly following<br />

a Cabinet meeting to further<br />

discuss the matter.<br />

who recently spearheaded<br />

the launch of the President’s<br />

10 Mentorship Programme,<br />

geared at equipping and<br />

empowering young female<br />

to pursue an active career<br />

in politics, pointed out that<br />

the recruitment process<br />

has been challenging because<br />

of the perception that<br />

young people have about<br />

politicians and politics.<br />

“We need to change<br />

their perception so that we<br />

can pursue the democracy<br />

that we cherish from day to<br />

day”, she stated.<br />

She also endorsed educational<br />

programs which<br />

will inform the young citizens<br />

about the importance<br />

of the Parliament and the<br />

role that Parliamentarians<br />

play in the country’s decision<br />

making process.<br />

“This will assist the<br />

young people in fully understanding<br />

what Parliament<br />

is really all about”,<br />

she said.<br />

As part of the Presidents<br />

10 Mentorship Programme,<br />

10 young ladies will be<br />

chosen from secondary<br />

school across the island.<br />

They will be engaged<br />

in a 11-month training programme<br />

where they will<br />

participate in a number of<br />

self-improvement activities<br />

while becoming familiar<br />

with parliamentary procedures.

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