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Dec 12

PRIVATE SECTOR ENCOURAGED TO EMBRACE OPPORTUNITIES TO FURTHER EXPAND LOCAL ECONOMY

Prime Minister and Minister of Finance, Dr. the Honourable Timothy Harris
Basseterre, St. Kitts, December 12, 2018 (SKNIS): Prime Minister and Minister of Finance, Dr. the Honourable Timothy Harris, encouraged the private sector to step forward to complement government’s efforts to spur economic growth and enhance job creation.

This was addressed on Wednesday, December 12, during the Sitting of Parliament for the introduction of the Appropriation (2019) Bill, 2018.

“The contribution of the private sector would continue to be an essential building block for accelerating economic growth and expanding prosperity beyond the levels already attained,” said the finance minister. “Our private sector partners must then take advantage of the myriad of opportunities for innovation and engagement. We are optimistic that the private sector would seize these opportunities and contribute even more to the growth and prosperity agenda.”

Prime Minister Harris noted that the government will “continue to be creative and implement initiatives which would bring sustained economic growth, as well as hope and prosperity” to the people of St. Kitts and Nevis.

He added that the policies implemented over the last three years are yielding positive results.

“To date, our various policies, initiatives, programmes and projects have made a positive difference in the lives of our people,” he said, adding that low debt, low inflation, job creation and fiscal surpluses are the recipes for sustained growth and improving the quality of life for citizens and residents.

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