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

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Presentation transcript:

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

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.

 Dominica will become the best place to live, work and enjoy life in the global community.

Leadership Caring Honesty Integrity Accountability Pursuit of Excellence Continuous Improvement Global Teamwork

GDP Growth of 6 – 7 % per annum AGRICULTURE TOURISM LIGHT MFG CONSTRUCTION RENEWABLE ENERGY CULTURE INDUSTRY WATER INDUSTRY ICT SERVICES FINANCE SERVICESSPORT INDUSTRY

Dominica’s GDP trails the rest of the World

Source: Dominica Statistic Division

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.

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.

Be faithful to the Nature Island global positioning strategy set out in our National Anthem

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.

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.

 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

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

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

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

All for each… And each for all Thank You!