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The National Economy : A Hope For The Youth .

The National Economy : A Hope For The Youth . . (With an emphasis on youth unemployment). . THE TEAM FOR DOMINICA. Team Dominica.

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The National Economy : A Hope For The Youth .

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  1. The National Economy: A Hope For The Youth. (With an emphasis on youth unemployment). 

  2. THE TEAM FOR DOMINICA

  3. Team Dominica In order to survive and thrive as a small island economy in a constantly changing world,TEAM DOMINICA is challenged to create a roadmap for our development endeavors that allows us to work together, build together and succeed together.

  4. OUR VISION • Dominica will become the best place to live, work and enjoy life in the global community.

  5. Leadership • Caring • Honesty • Integrity • Accountability • Pursuit of Excellence • Continuous Improvement • Global Teamwork OUR VALUES

  6. NEW ECONOMY GDP Growth of 6 – 7 % per annum FINANCE SERVICES SPORT INDUSTRY CULTURE INDUSTRY RENEWABLE ENERGY ICT SERVICES LIGHT MFG TOURISM WATER INDUSTRY CONSTRUCTION AGRICULTURE Renew Rethink Rebuild

  7. SITUATION ANALYSIS

  8. Dominica’s GDP trails the rest of the World

  9. Dominica’s Export Performance Source: Dominica Statistic Division

  10. Dominica’s Trade Deficit Source: Dominica Statistic Division

  11. Resulting High Unemployment • Low and falling GDP growth has contributed to high and increasing unemployment. • Unemployment most severe among the highly productive ---the young. • Unemployment has deepened with the long term employed joining the ranks of unemployed.

  12. A Jobs Strategy • Rooted in stimulating economic growth. • Emphasis on key sectors of Agriculture, Construction, Manufacturing , Tourism and Services. • Drive the export market through robust marketing. • Supporting fiscal and monetary policies • Build supporting infrastructure.

  13. 5,000 NEW JOBS GROWTH ENGINES Rethink Renew Rebuild In the first 3 years

  14. TOGETHER WE WILL Be faithful to the Nature Island global positioning strategy set out in our National Anthem

  15. TOGETHER WE WILL Develop and grow a model green economy that rewards enterprise, puts our people to work for decent wages, gives a fair chance to all and secures our place in the global trade of goods and services.

  16. Smart, market driven agriculture • Light manufacturing – juices and root crops for natural food niche markets • Tourism strategically aligned with our nature island resources and targeting high end niche markets • Construction - Housing market to make home ownership more affordable and easily available

  17. Together, we will embark on a comprehensive air and sea access initiative to include the development of an international airport, the modernization of our sea ports, a Dominica based airline and a high speed ferry service.

  18. TOGETHER WE WILL • Improve the quality of governance by eliminating waste and inefficiency in government spending and optimizing public sector investment resources • Make Dominica a low tax jurisdiction open to increased investment dollars across all growth drivers from at home and abroad

  19. TOGETHER we will educate our sons and daughters to become successful global citizens capable of competing and winning in the varied disciplines of global enterprise for self and country

  20. ENSURE caring, competent leadership that uses government for the advancement of people and not for the personal enrichment of ministers.

  21. TOGETHER, We will stamp out the rampant corruption that illicitly enriches ministers of government and their friends with public money cheated away from securing the greatest good for the greatest number

  22. WE RISE FOR: • Better Governance • A Growing Economy • Jobs, jobs and more jobs • Youth economic empowerment • Ladders of opportunity • More chances to succeed

  23. All for each… And each for all Thank You!

  24. www.changeisamust.com www.uwpteamdominica.com

  25. Let’s get to work Thank you

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