It was the IMF head Christine
Lagarde who said that "There is no economy in the world, whether
low-income countries, emerging markets, middle-income countries or
super-advanced economies that will be immune to the crisis that we see not only
unfolding but escalating." It is against the background of such a frightening
statement that the Portia Simpson-Miller led People’s National Party will take
the rein of governance in Jamaica. The People’s National Party will face
significant challenges with a debt running at approximately 130per cent of GDP
and unemployment at 12per cent. Despite this phenomenon the people of
this country are expecting opportunities. As such this government must be
decisive; there will be no honeymoon period and the ministers must be skillful
in managing their portfolio with little or no room for error. The
electorates are expecting maximum performance and will vote against a
government if they believe that they are not doing enough to serve the interest
of the people. As such there are some key areas that this government must
give serious attention.
Priority areas
Attention must be given
to the increasing oil bill, the cost
continues to escalate and the ripple effects are felt all over the
country. This government must ensure that they find a
cheaper alternative to oil whether it is Liquefied Natural Gas, coal or some
other choice. This alternative source must help to reduce production cost
and thereby reduce the cost for several items in the country. The PNP in
its manifesto promises to re-engineer Petrojam through a joint venture
partnership and they promise to re-formulate the Liquefied Natural Gas Project
within the context of a competitive exercise where the market makes a
determination as to the fuel sources. For too long this issue of
alternative source of energy is on the table and the longer the government
takes to deal with this issue is the longer the country suffers. It is
imperative that this government seek comprehensive advice and make a decision
(after consultation with industry players) in selecting an alternative source
of energy. Leaving it to the market to decide will take years as people
will always present pros and cons to any energy alternate that is placed on the
table.
Attention must also be placed
on job creation; many persons are desperate for employment opportunities to
advance themselves. Jamaica Emergency Employment Program (JEEP), a major Job
creation proposal of the PNP is not far reaching and the government must find
innovative ways to get Jamaicans employed. JEEP may provide a temporary
solution for the people within the inner city but there are a large number of
graduates that leave university who are jobless and as such a widespread
solution must be provided. Careful attention must be given to the
micro and small business enterprise as they may be a key source in stimulating
the economy. The Information and Communication Technology (ICT) is an
area that this government plans to examine and it may reap some level of
success. We have seen a steady increase of call centres and there is potential
for an expansion.
The deal with the
International Monetary Fund is also important and the PNP must close the deal
in the shortest possible time. Renegotiation is not an option as clearly
outlined by the Fund but what could be suggested is that we have an Extended
Fund Facility which will give us enough breathing room to deal with the issues
of tax reform, public sector rationalization and pension reform.
Good governance is one of the
most important features of any governing body and the PNP cannot lose its
connection with the people. Mrs. Simpson- Miller in her victory speech
said, "We will tell you as it is, we will hide nothing from you, when it
is tough and rough we will let you know, when it is easy we will let you
know." The government must always respect the people but must ensure that
they explain the realities to them. Honesty is always important and there
is no room for corruption. Where there are incidences of corruption the
leadership must ensure that they are decisive and just in its actions.
Areas of Interest in the PNP's Manifesto
The PNP promises
constitutional reform and this is important, we have seen significant
development in this area under the JLP government and it must be continued by
the PNP. The transformation of the police force to a civilian law enforcement
organization is also under the microscope. The government must position
itself in such a way to change the way people view the police force and have
the human rights as high priority.
The PNP also
proposes to develop a special unit that will deal with extreme violence, this
is a key factor in developing as a nation and being that the crime rate is on a
low it should be the government’s intention to keep this inversely proportional
to the level of production. There are plans to implement the Individual
and Corporate Insolvency Act; this will replace the bankruptcy act and will
give protection to businesses that have the potential to survive if given
enough breathing room. I am particularly interested with the
proposed idea to establish Local Public Accounts Committees within the parish
councils. The government needs to ensure that its officials on all level
are accountable to the people who elected them. The renegotiation of the
Jamaica Public Service contract if successful will reap significant benefits to
the country. This will create competition and give people the opportunity
to make choices hence breaking the monopoly of the Jamaica Public Service.
The next three to five years
will be challenging for both the government and the people who are about to
encounter a different transition. The government must ensure that the ministers
are effective and that the country is well aware of its every move. The
opposition must ensure that they keep the government on its feet and the people
of this country must be the ultimate watchman as the government moves forward
on the mandate given to them by the people. The party leader needs to be
assertive and responsive, cognizant of sensitive issues and she must also prove
herself ready to lead a nation that is destined for greatness.
Great article Sanjay... I hope your insights will reach to the right people. Our country needs this.
ReplyDeleteVery fluid points. The piece flows. Good job.
ReplyDelete