reviewed by the Office of the Attorney General. These are the E‐Transaction Bill, the E‐Crimes
Bill, the Data and Privacy Protection Bill, and the Freedom of Information Bill.
In 2008, the output of the manufacturing sector in St. Lucia declined by 5.4 per cent to $84.1
million. Its weakened performance is attributed to the significant decline in exports to regional
markets as demand from their tourism sectors waned. The problems experienced by the
manufacturing sector were further compounded by rising costs of inputs including fuel and
other raw materials. Elsewhere in the manufacturing sector, the production of paper,
paperboard, electrical and metal items increased, while the output of food products and
alcoholic and non alcoholic beverages fell.
The construction
sector, which has
been a leading
determinant
of
economic growth
in
the
past,
suffered its second
year of decline in
2008, falling by an
estimated 14.4 per
cent. The lower
expected
than
performance of the
sector
was
attributable to the
significant decline
in public sector
construction,
coupled with a fall
in
private
construction,
linked
to
the
reduction
in
external
investment
finance.
“With time, our economy transformed from a single ‐ crop agricultural base to one which
promoted a tripod of agriculture, manufacturing and tourism, and ultimately to the present,
where the role of the services sector is highlighted within a modern diversified economy. During
this fourth session of the ninth Parliament of Saint Lucia, Government will focus on the following
priorities:
•
Stabilising the economy;
•
Protecting existing jobs and creating new job opportunities;
•
Continuing our investments in social infrastructure, particularly in
•
education and health;
•
Providing social safety nets particularly for more vulnerable groups;
•
Investing in our youth,
•
Preserving law and order, and
•
Fostering a social partnership among all segments of our population in order to
confront the development challenges facing our country.
Even in highly developed countries, the continuous need for investment in education appropriate
to the needs of today’s knowledge‐based economy is seen as a priority. This applies even more
so to us, where physical resources are few, but human resources are plentiful, and waiting to be
harnessed.
Parallel to this is the need to address issues of information and communications at a time when
the use of electronic commerce is on the rise. Accordingly, the Government proposes to pass the
Electronic Bill, the Electronic Transactions Bill, the Computer Misuse Act, the Data Protection and
Privacy Bill, and the Freedom of Information Bill.”
Her Excellency Dame Calliopa Pearlette Louisy,
GOVERNOR‐GENERAL OF SAINT LUCIA
On the occasion of the Formal Opening of the
Fourth Session of the Ninth Parliament of Saint Lucia
Friday, April 24, 2009
In the 2009 budget speech, the Prime Minister identified the theme for the budget as
“Generating Growth, Securing Jobs, Promoting Competitiveness and Protecting Vulnerable
Citizens in the Face of Global Recession”. He identified five economic guidelines that will
[6]