Freeport, Bahamas - The following are remarks made by Branville McCartney, Leader, DNA Party at a Meeting in Grand Bahama on March 8th:
I always
enjoy coming too Grand Bahama. The air is clearer, the streets are clear, and
that clarity can do wonders for the soul.
I was
troubled earlier this week to hear of the death of a 25 year old man who is
suspected to have committed suicide, I’m told his name Delano Dorval. I did not
know the young man personally but I would like to extend my condolences to his
family and friends. His death is sad for many reasons. Firstly, the loss of one
life, is one life too many, but more importantly, the circumstances of his
passing speaks to the level of despair that Bahamians all across the country
now feel.
Coming to
Grand Bahama is also rather bitter sweet. I recall coming here many years ago
and finding a bustling metropolis with a balance of industry and tourist
attractions and now after years of neglect by successive governments, the magic
that gave Freeport is nick name: The Magic City is now more of a memory.
Like
elsewhere in the country, residents on Grand Bahama Island (GBI) face difficult
circumstances; high unemployment, the even higher cost of electricity, a lack
of opportunities for qualified Bahamians and even worse, a leadership deficit
which has stifled the country both economically and socially. We have had 45
years of governance collectively under the PLP and the FNM andI am
saddened to say that the majority of Bahamians have seen no real economic
empowerment. And now ladies and Gentlemen, the impending implementation of
Value Added Tax (VAT) threatens to make a bad economic situation even worse.
I have said
repeatedly, that it is the duty of the government to create an economic and
social environment that facilitates employment, entrepreneurship, innovation
and ownership for its citizens and residents. At the heart of that mandate is
efficient governance, responsible management of the country’s assets and
effective leadership.
Many of you
will recall the promise of ten thousand jobs made on the campaign trail however
according to the department of Statistics’ 2013 labour force survey
unemployment on this island is now at a staggering 19.5%. Among young people
between the ages of 15-24 that number is significantly higher at a 30.8%.
Let’s think
about what that means in terms of actual persons. According to the department
of statistics, the country’s labor force consists of 195,660 persons. This
means that overall, there are 38,154 unemployed persons on GBI. Of that number,
11,751 persons are young, able bodied men and women under the age of 24. That,
ladies and gentlemen, in a modern day Bahamas, is a travesty.
This June
thousands of high school graduates will leave high school hoping to enter the
workforce. The question is though; will there be jobs available for them?
Presently
much of the government’s efforts in tourism are focused within the city of
Freeport, but what about East and West Grand Bahama? While visitors appreciate
the city experience, they come to the Bahamas to enjoy the family island charm
which these smaller communities can offer. We cannot continue to ignore them.
Instead we must promote those experiences in addition to the glitz and the
nightlife offered by more central hotel attractions. We must also consider the
creation of a cultural center which will open the door for spin off
opportunities and create ownership opportunities for Bahamians within the
country’s number one industry, extending concessions which are currently
enjoyed by businesses within the city limits, to companies in the East and West
as well.
Here on GBI there is a need
to strike a balance between the island’s natural touristic appeal and key
industrial elements. For too long, successive governments have paid only lip
service to the idea of economic diversification, instead choosing to rely on
Direct Foreign Investments. Ladies and Gentlemen, the root of our economic
problem in the Bahamas can be described as a “Double Dependency Syndrome”. Most
persons depend on the Government for everything and in turn the Government
depends on the foreign investor for everything! The problem is when the
foreign dollars stop flowing…everything comes to a grinding halt.
We know from past and even
present experience that industry can thrive here in Grand Bahama. The creation
of an industrial and manufacturing park can create opportunities for training
in some of world’s most highly specialized fields; however this can only happen
if there is a real and concerted effort to reduce the cost of energy.
I’m sure that all of you
would agree that the cost of electricity on this island is simply too high! How
many more companies will be forced to shut down otherwise successful operations
because they simply cannot afford electricity? The high cost of electricity is
not just bad for business but puts an undue strain on the backs of residents;
families, mothers and fathers with children who are unable to enjoy one of the
most basic of essential services. It is estimated that more than ten thousand
households on this island are now without power. TEN THOUSAND! That number is
unacceptably high and is further proof that the government is not serious about
energy reform.
As I alluded to earlier the government is preparing to implement Value
Added Tax at a rate of 15%. The level of economic uncertainty surrounding VAT
could spell disaster for thousands of Bahamian businesses who are being forced
to consider the termination of hundreds of hard working people. Can you imagine
hundreds more on the unemployment lines? Can you imagine hundreds more single
parent families reduced to living off the handouts from social services? Can
you imagine even more despair?
Despite the incredible opposition to the idea the government has
ignored the very valid questions and concerns raised by the business community,
threatening them instead with heavy fines, and even jail time for
noncompliance; even when members of their own agencies have been found
deficient in this department.
Earlier this week Michael Halkitis, the government’s State Minister of
Finance, warned the local business community that the Christie Administration
would not be bullied on the issue of Value Added Tax (VAT)
Is it a coincidence that the Minister chose that word ‘Bully’ to
describe the stand being taken by the local business community? By definition
to bully means to habitually badger, brow beat and intimidate. Is that not a
more accurate description of the way this government has chosen to handle the
impending implementation of VAT?
Even as it remains adamant about the implementation of the new tax
system, the government has failed to table important accompanying legislation
which could clear up the lingering misconceptions about the way the new laws
will affect the cost of doing business and the lives of the general public.
This is especially true for residents here in Freeport which is governed by the
Hawksbill Creek Agreement. Instead, we have all been left to draw our own
conclusions from the disjointed statements of various ministers. This is
certainly not the way to oversee the transformation of the country’s tax
structure. It is certainly not the way to efficiently manage the country’s
resources and it certainly does not reflect the actions of an administration
that cares about its people.
The truth is that after years
of broken promises, Grand Bahama and its residents deserve a new start. You
deserve a government which will listen to your voice, a government with vision
that is serious about developing the island of Grand Bahama to its fullest
potential. It’s time to put the magic back into the magic city!