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HomeOpinionEditorialSt Lucia's quadratic equation, choking up the thinking

St Lucia’s quadratic equation, choking up the thinking

What has changed from 2017-2023?

In the light of underlying domestic problems facing Saint Lucia, it is everyone’s business to reflect. And, notwithstanding leadership failures “not knowing”- CNG has retained editorial permission to republish August 4, 2017, St Lucia’s quadratic equation, choking up the thinking.

The current dynamics are not to be taken lightly chasing ‘tales’ with ‘noise makers’ that are ‘tone deaf’ accompanied by ‘stonewall legislators.’ “Truth be told, we are at the point where the governance of Saint Lucia continues in a – comedy of errors. ~ CNG contributor, Castries, St Lucia, October 15, 2023.

The economic expediency and political honeymoon of the government of Saint Lucia, expected to work systematically to sort out the underlying problems facing the country, is thus far impractical to offer a persuasive response to substantive matters.

Overwhelmed on matters of national concern is an understatement. The government is seemingly crippled and although, “there are opportunities to be grasped, beginning with a reset agenda on socio-economic, security, governance, trade and international relations, on a bilateral and multilateral level” hindrances persist with hardball tactics.

In part, this is because in general form, a quadratic equation, variable ‘x’ represents the unknown and ‘a’, ‘b’, and ‘c’ are constants. The general appearance is parabolic.

In the context of Saint Lucia’s quadratic equation, the variable is random, unpredictable and dynamic to conditions, consistent with the chaos theory.

Chaos is everywhere, hunted by the goldilocks strategy, to expend economic and political influence with fronts intended to carry out “change” in “building a new Saint Lucia”.

While this blended theory distinguishes the ineffable quality to expend political and economic life, citizens worry about personal security, food, housing, health care and education.

What’s more, genuine national policy action and targeted investments for substantial economic impact are expected. And moreover, yes, it is the government’s role to present a clear transparent plan on the way forward.

Towards the pillars of development, national priorities demands digital strengthening as previously stated, “to integrate the digital wave to agriculture, agribusiness and fisheries sector…not forgetting the cooperative model if decisiveness is required in the blue and green economic integration, with a sense of honesty, accountability and transparency for the uplifting of people and country facing 21.6 percent unemployment, youth unemployment rate of 43.1percent and poverty rate at 28 percent.”

Saint Lucia’s budget 2023/2024

“Saint Lucia’s 2022 GDP has shown a real growth rate of 18.1 percent, the best-performing sectors were the agriculture, manufacturing and tourism sectors in 2022. And the largest contributors to real growth were in the accommodation and restaurant sectors.

“Saint Lucia’s unemployment rate reached a sharp decline of 19 percent and the youth unemployment rate at 25.9 percent, the lowest since 2010.

“The strategic choices for the 2023-2024 budget will focus primarily on three areas, Health, National Security, and economic sustainability.”

Renewable energy investment needs an energy revolution island-wide. Current half measures will not suffice for accessibility and price competitiveness to households and businesses. If not addressed, the cost of utility, infrastructure and digital technology, already cost prohibitive will become more enormous to transmitting data and information adequately and reliably, through the peaks and valleys for the benefit of Saint Lucians.

Supporting small business is vital in communities experiencing trade shocks from globalization of the banana industry and colonial extraction. Thus, reinvestment and skills training are dynamic for labour market efficiency and migration to e-commerce platforms to facilitate trade, export, agri-business and entrepreneurs to re-base and strengthen the economy.

Addressing new investment opportunity in the transport infrastructure to facilitate mobility in the city, towns and villages are valuable to expand participation in the economy, improve productivity, increase efficiency, education and quality of life.

In that vein, government’s underlying message must convey inclusive participation for investors and entrepreneurs to proceed, alongside policy action that are unpretentious, and a blend of intelligence that rise to a level of realism.

Focus on the St Lucia Budget 2017’ by Ernst & Young, is a very interesting and worrying read. At the same time, it requires acute mental readiness.

Nevertheless, the caveat, in part reads: “The contents are intended as a general guide for the benefit of our clients and associates and are for information purposes only. It is not intended to be relied upon for specific tax and/or business advice and as such; users are encouraged to consult with professional advisors on specific matters prior to making any decision.”

With talking points and questions at the ready, it is incumbent on all Saint Lucians to get answers to the many obstacles and lurking dangers hindering our protection, our national identity, our economic viability and our democracy.

This is imperative alongside the integrity of our fore-parents, who fought for our freedom and built this country – for us.

“The government needs to discontinue the paradigm of bad economic policy and politics that favour the oligarchs and serve the neo-cons at the expense of the majority.”

The government of Saint Lucia needs to minimize chaos and unclog its thinking.

Relax! Whether anyone wants to admit it or not, albeit, widely talked about, it is unacceptable to plead ignorance to the well-practiced linchpin, hovering over our civilization, to continue to control the politics, government and economy of Saint Lucia.

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