Articles

Fri 18th Sep 2020

thumb

We must create employment for young people in SVG

The ULP regime has been a financial and economic failure. They promised our young people so much, but the reality is, under the ULP regime thousands and thousands of young people have left school with little or no education and unemployment amongst young people is at its highest level in living memory.

Warrant Officer Ivan Bertie O’Neal BSc (hons), MSc, MBA, Leader of SVG Green Party, believes that we must create mass employment for young people, and for this to happen, SVG needs a Green government.

The ULP regime has wasted billions of dollars on dead projects that have brought no financial return. Revenue creation is needed in SVG to create a strong economy and jobs and to bring prosperity to young people.

We have to discard the ULP regime’s economic model of begging and borrowing, as this has just increased the rate of unemployment for young people and forced many to live in poverty and squalor. The ULP regime’s two decades of begging and borrowing has virtually stopped money from circulating in the country.

A Green government would adopt the Singapore economic model for development and wealth creation, and build an export-orientated economy that will bring revenue to our country. Revenue creation and high-quality university education will be the cornerstone for our development. Our young people should not have to suffer, just because of one person’s arrogance and financial and economic incompetence.

A Green government would build a science and technology university and offer young people free education from pre-school to university. Having a highly qualified young people will attract significant amounts of foreign investment to SVG, like in Singapore, and create mass employment for young people. The SVG university will create revenue by charging foreign students who attend the university.

A Green government would build a billion-dollar, tuna fishing industry with a fish processing and canning factory. We would cut ties with Taiwan, as they are creaming-off billions of dollars from the use of SVG’s deep sea tuna fishing licence.

A Green government would abolish the tax exemptions given to the super-rich of Mustique and Canouan and recoup the tax that they should have paid and invest the hundreds of millions of dollars into creating new Green industries. In 2013, the United Kingdom’s renewables sector employed 250,000 people and was worth £33bn a year to the UK economy.

A Green government would build factories for agro-processing to produce flour, baby food, fruit juices, tea bags and other goods for export and local consumption. Using import substitution will create thousands of new jobs in SVG and substantially reduce the amount of revenue lost abroad by importing so much food.

These economic changes, alone, will create mass employment in SVG and also get money circulating around the country.

The tide has turned against the ULP regime’s ignorant economic model of begging and borrowing. All around the country, the evidence shows that this model of begging and borrowing is killing our economy and condemning tens of thousands of young people to a life of poverty and unemployment.

Warrant Officer Ivan Bertie O’Neal BSc (hons), MSc, MBA, Leader of SVG Green Party, contends that no real effort has been made by the ULP regime to create mass employment for our young generation.

For the sake of our young people, and the country as a whole, SVG needs a Green government to kick-start the economy, create thousands of new jobs and get money circulating around the country. The ULP regime has been a financial and economic failure.

< Back to Articles