ECONOMY ON THE RISE SAYS PM SKERRIT

Prime Minister Hon. Roosevelt Skerrit has announced that there has been an improvement in the country’ economy, even as Dominica continues to fight against the COVID-19 pandemic.

Dominica’s economy, like many others in the world, was negatively impacted by the shutdowns of businesses and travelling as a result of the pandemic.   

“The economy hasn’t gotten back to where it was pre the pandemic. As you know our economy was projected to grow by 5.6 percent in 2020 following another 9.6 or 7 percent the year before with a number of capital projects that were on stream. But here came the pandemic and shut downs and travel restrictions etc. and every country in the world has suffered from this pandemic and the situation persists; albeit not as dramatic as it was in 2020 but the reality is you are not bringing in the revenues that you were bringing in that the same period in 2019,” PM Skerrit stated.

Prime Minister Skerrit then explained that “we are seeing progress, we are seeing improvement in the economy and of course we are marking this by the revenues coming in from the income tax and of course from the value added tax.”

The Prime Minister noted that despite the impact on the economy, the Government has consistently kept up with all its commitments to the Dominican people.

“Notwithstanding the challenges of the economy, we continue to maintain all of our commitments to our seniors, to our pensioners, we have maintained the payments of salaries to public officers, we have also maintained consistent payments to the National Employment Programme, to the 70 and Over allowance; not withstanding one or two students in between  who sometimes are not dealt with administratively  in terms of the payments of their school fees, we have paid in for this financial year about 22 million dollars for students studying overseas,” he stated.

PM Skerrit went on to commend the general public for the way that they have adapted to these extreme circumstances.

“One of the things I want to commend Dominicans on is the industriousness that they have shown. People have adapted as a result of COVID-19 and you have seen people change their business model, they have brought in new businesses and my hope and prayer is that we will see these things continue with us as a legacy of COVID-19, with less complaining and people more concentrating on how can I adapt to the circumstance, the reality,” PM Skerrit further added.