TCI Premier Responds To Beaches’ Letter Announcing Closure
#Grand Turk, Turks and Caicos Islands – January 28, 2019 – On Friday Beaches confirmed a letter that was in circulation which showed three proposed dates for closure of its operation here in TCI, with the final closure in 2021 stated as indefinite. A hand delivered copy was delivered some weeks ago.
My Ministry has been addressing a long outstanding issue with Beaches and my Government and I are confident that with the facts in full view, we can bring an end to a critical outstanding matter that has seen its basis in an arrangement in place since the Resort’s operation started in the 90s and existed throughout every Government in the TCI since then. Just to clear it has not been a matter of Beaches avoiding taxes or of the former Governments or Ministers of Finances before me (3 actually currently sits in the current House of Assembly: the Leader of the Opposition, the Deputy Speaker and the Government’s Appointed Member) intentionally leaving this matter unaddressed. The current matter followed an event/action that occurred in 2017.
A large amount of work has since been vested towards the conclusion of this matter. However as this matter is active before Cabinet where final positions were agreed and are currently being given effect and certainly before Friday’s publication of the Beaches letter relating to the proposed closures. I am unable to disclose anything further, however I assure everyone that I will be fully transparent on this issue and will set out the facts as reported to and experienced by me as Minister of Finance in its clearest terms as soon as the occasion arises.
I assure the people of the TCI that this matter will be settled in the very best interest of all the people of the Turks and Caicos Islands. I ask those employees of Beaches, taxi drivers, other Hotel operators, airline agents and airline workers who contacted me frantically for representation to know that they are being held in highest consideration.
I implore those void of facts to resist casting wild accusations and unwarranted attacks on elected and public officials as well Beaches Resort itself. I wish to thank those in the Public Service especially my PS, the PS of Finance who brilliantly crafted the most appropriate solution at the very outset, all other public officials (the AG’s Chambers and Revenue Control Unit) who has assisted in getting us where we are now and Beaches (who continues to be a valued and valuable partner in these Islands) for the progress we have made thus far towards resolving this matter.
Millions to come from FSC
#TurksandCaicos, March 17, 2023 – Revenue from the Turks and Caicos’ Financial Services Sector will more than double in the next few years, if E Jay Saunders, Deputy Premier and Finance Minister gets his way. It ‘s one of the reasons the country is investing so much capital into getting off of the EU blacklist and becoming a secure trustworthy financial destination.
“The FSC’s revenues for 2020/21 was $10.5M— the figures for 2021/22, would be about similar,” he said. He further explained that $10.5 million from the FSC represented about 2.6 percent of the country’s 408.5-million-dollar revenue. Though it increased to $14 million in the 2021/22 financial year, finance is still a small fry compared to tourism or even stamp duties but that will change, says Saunders.
“My revenue goal for the Government by the year 2029 [or] the election after the next election – is $500M. By that time, I want the financial sector (FSC) revenues to represent at least 5% ($25M). So that’s my goal for the financial sector by 2029.”
This goal, should it be met, would increase the Government’s revenue by 100 million dollars, a significant increase in spending power for local upgrades and improvements for Turks and Caicos residents and visitors.
Saunders says it’s time for the TCI to diversify its sources of revenue to make sure that what happened in the COVID-19 pandemic, which saw residents out of a job for months, will not happen again. Tourism now makes up around 80 percent of the country’s GDP. The Minister of Finance wants to push that down to 60 or even 50 percent.
New ASHLEY’S LEARNING CENTRE CONCERT
#TurksandCaicos, March 17, 2023 – Musicians from the New World Symphony will be in the Turks and Caicos in concert next month and residents are invited to attend in support of the future of Ashley’s Learning Center.
A fairly young orchestral academy based in Miami, the New World Symphony was launched in the 1980s by 1987, Michael Tilson Thomas and Ted Arison,Carnival Cruises founder. From the 1500 applicants who vie for a spot each year, the symphony accepts around 35 music graduates annually for training fellowships.
A select few of those graduates will be in country on April 8th headlining at the Ashley’s Learning Center concert ‘We’re all in this together’. The concert which also feature local artistes will be held at Brayton Hall on Venetian Road from 6 pm to 8:30 pm
Tickets are available ON ISLEHELP $75 PER GENERAL SEAT $125 PER PREMIUM SEAT $195 PER GALLERY SEAT – with /FREFRESHMENTS.
For TICKET RESERVATIONs you can call: 649-341-2304 or email EVENTS@ASHLEYSLEARNINGCENTER.ORG
Women’s Health Connectivity and health a study for TCI’S benefit
#TurksandCaicos, March 17, 2023 – As the country moves toward new fiber optic connectivity, bridging the digital divide could be a game changer for healthcare and other family-friendly services in the TCI.
The power of universal digital connectivity across countries was one of the recurring themes when the United Nations in partnership with the Network of Afro Caribbean Women and the Diaspora recently explored how technology, innovation and education are being used to address women’s health issues.
The session aimed to highlight success stories and explore how those processes can be replicated to help women and girls globally including in The Turks and Caicos.
The UN explained that despite holding a 70 percent majority in healthcare jobs, women are poorly represented in leadership roles and subject to systemic gender inequalities that can make receiving healthcare challenging.
As delegates from Chile and Rwanda, who were also partners in the session, shared the upgrades to their countries’ systems that had significantly improved the level of care available to their women, digital connectivity was a deciding factor.
In Rwanda the health ministries have begun to use drones to deliver medicine, SMS messages to alert about health threats and a completely digitized health care that eliminates paper documents for pregnant women and makes records accessible to any doctor, immediately.
Rwandan delegate, Rose Rwabuhihi shared tips that countries should keep in mind when trying to implement new processes to benefit women and the wider community.
- Partnership and sustainability are key factors to successful programs. She urged governments not to give up on projects or allow their partners to give up on them halfway.
- Education campaigns to introduce residents to the technology: “We need to build skills and deepen the knowledge so they can use the innovations that have been put in place especially in rural areas.
Poor connectivity and technological issues have plagued the TCI for years especially in the islands outside of Providenciales. Government has substantially acknowledged this disparity in communications services and is investing in a new undersea cable to augment services in the Turks and Caicos.
The UNs perspectives can now ignite a fire for even more family friendly, digital services.
In fact,Senator Yasna Provoste Campillay, the Chilean Delegate explained how connectivity and videoconferencing had been used to reach the county’s women in the most rural of areas. Chile is a long country, its landmass spread lengthwise creating unique communication challenges. While healthcare in Chile is separated by length the Turks and Caicos islands are disconnected by the ocean and solutions that prove useful for the South American country could well be worth implementing locally.
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