Stronger Health Care, better schools, Border Control and Levelling Up the Economy among the focuses of new UK Prime Minister
By Dana Malcolm
#UnitedKingdom, October 28, 2022 – Hours after meeting with King Charles lll and being invited by the monarch to take charge of Britain and form a new government Rishi Sunak rapidly reshuffled MPs to create his new Cabinet.
UK Media reports indicated that in the hours since the beginning of Sunak’s premiership, the pound is rapidly gaining against the dollar. A definite good sign.
In his first speech as Prime Minister after meeting with the head of state, King Charles III, Rishi Sunak told the public there would be ‘difficult decisions ahead’ because of the country’s economic state. From his former post as finance minister the new PM is known for not shying away from high taxes to get the economy under control.
After calls from the Liberal Party highlighted Sunak had not had a mandate when he was elected, the prime minister said economic stability was at the heart of his government’s agenda and he would be going back to the party’s manifesto to guide his mandate which would include.
“A stronger NHS, better schools, safer streets, control of our borders, protection of our environment, supporting our armed forces, leveling up and building an economy— where businesses invest, innovate and create jobs,” he said
The Prime Minister in his previous run for the top spot said he had no intention of lowering taxes until Britain was comfortably paying back its debts. While claiming that he admired Liz Truss’ ‘restlessness to create change’ Sunak said some mistakes were made.
“I was elected leader and your Prime Minister in part to fix them, that work begins immediately.”
Several Truss-era officials have already been removed from the Cabinet and others have resigned voluntarily
In terms of direct effects to the TCI, Jeremy Quinn who met with Washington Misick, Turks and Caicos Premier about crime is no longer the Policing Minister but Paymaster General.
Jesse Norman who served as Minister of State for the Americas and the Overseas Territories and also has a relationship with Premier Misick in regards to the crime situation in the TCI and is now Transport Minister.
Governor Nigel Dakin had said the meetings with the two men would put the Turks and Caicos in a favorable position for the year ahead.
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.
Debrief on Haiti Caribbean heads visit
#Haiti, March 17, 2023 – When a CARICOM delegation visited Haiti earlier this month, conspicuously absent was the Turks and Caicos Islands despite being one of the nations most directly affected by the multi-dimensional crisis there. There is no comment, as yet from the Premier, to say why this was the case.
Still, from the expedition, CARICOM heads of Government have informed that there will be lobbying in Africa for assistance in Haiti. They say they have decided that the best course of action for the Caribbean country is to bolster the Haitian National Police and act as intermediaries with Africa and the world. The decision follows a one day visit on February 27th, and a March 5th meeting chaired by the Bahamas.
CARICOM says during the trip delegates ‘met with a broad range of Haitian stakeholders to hear their views on the way forward to a Haitian-led solution’. With that in mind it has made a decision on how to proceed.
“The Heads of Government agreed to support the Haitian National Police in their efforts to address the security situation. The focus of the Community will be the provision of training for the HNP and the provision of humanitarian assistance to HNP and the wider Haitian society, taking into account the challenging humanitarian and security situation”
It’s not clear yet where and how this training will take place. Also distinctly absent from the report, no more mention of boots on the ground from other countries despite CARICOM Member States indicating they were ready and willing should it come to that.
In addition, recognizing ‘the common historical experiences and the strong African-Caribbean relationship’ CARICOM says,
“Heads of Government also agreed to seek support from African countries for Haiti. They also agreed to work with the Governments of Canada and the United States as well as the UNDP”
Magnetic Media has reached out to the Premier’s Office to get a full debrief of the February 27th visit (led by Jamaica; including The Bahamas and Trinidad and Tobago) to learn of Turks and Caicos’ posture following the critical sessions.
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
FIND US ON FACEBOOK
Caribbean News7 days ago
JAMAICA: 1.3 Million Covid-19 Vaccine Doses Administered in Region
Bahamas News6 days ago
Minister Glover-Rolle Delivers CARICOM Statement at UN’s Commission on the Status of Women
Caribbean News5 days ago
Turks & Caicos inspires and debuts Drake Fashion Line, NOCTA
Government6 days ago
Right on Cue, Provo Dump burning again as CDB Consultants prepare for Community Meeting
Caribbean News6 days ago
JAMAICA: Persons Encouraged to Purchase Coffee Festival Tickets Early
Caribbean News5 days ago
UK Imposed Procurement Process Slowed TCI getting off EU Blacklist
Government1 week ago
Staff of the Vector Control Unit attend the 89th American Mosquito Control Association (AMCA) Annual Conference
Caribbean News1 week ago
TCIG attends CDB-Accelerated Sustainable Energy and Resilience Transition (ASERT-2030) Workshops