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Encounter Series: Rightsizing the Public Service Size and Cost

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The St. Lucia Chamber of Commerce, Industry and Agriculture continues its Encounter Series, which seeks to create a platform to engage members in discussions on important issues.

The Encounter Series will take a different format this year. There will be three panelists each making provocative presentations, offering different perspectives on the same issue. The Encounter will include a “Next Steps Component” where recommendations related to the subject at hand will be invited from the floor and each panelist will conclude by advancing three critical recommendations on the way forward.

The first Encounter will discuss the topical issue of the size of the Public Service. The decision of the Barbados Government to send three thousand people home has resonated throughout the Caribbean. The old adage “Lè bab kamwad ou pwi difé wosé sa ou” comes to mind. St. Lucia faces a serious fiscal crisis and fiscal deficit.

With economic growth stagnating, unemployment increasing, tax revenue shrinking and investment dropping. How does St. Lucia, a country with an extremely open economy, deal with those challenges while the global economy upon which we have traditionally depended on continue to at best show anemic growth?

Panelists for this encounter are Richard Peterkin-Accountant & Economist, Cyprian Montrope -Vice President, Trade Union Federation and Dr. Cletus Bertin- Director of Public Service Modernization. This Encounter is sponsored by JQ Charles Group of Companies and will take place on Tuesday April 15, 2014 at the Ixora Conference Room, Bay Gardens Inn from 6:30 p.m.

The Encounter series is a Chamber Members Only event with limited seating. Members are therefore encouraged to reserve their seats by registering through the Chambers office.

Please contact the St. Lucia Chamber of Commerce Industry and Agriculture for further information. 1-758-452-3165 and email [email protected]

 

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3 comments

  1. Is the only way "to cut public salaries" What about bosting the economy by incresed investments. We are now paying one of our diplomats $50,000 a month what level of investments does he bring to our shores for this salary?
    Cutting Public Servants jobs won't cut it. What do you then do with those unemployed in a sluggish economy? Are the STEP, SMILE & NICE jobs part of this cut? We will now open up ourselves to who in our wisdom should be given the boot. Who makes that decision? Some say is the PSC. Who appoints the PSC and what criteria would they use?

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  2. It's an inconvenient truth for those who work in the public sector, and that is the nature of government finances. No government has any money of its own, it only has what it can tax from private citizens and borrow (on behalf of the people). Just as you can't magic rainfall, you can't magic more money out of the air. The only way is to cut public salaries until it balances. Salaries paid for out of borrowed money is never sustainable. Not a nice thing to contemplate, but life isn't always pleasant.

    Cut your cloth accordingly.

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  3. Lol. Seems to me its Labour party encountering itself. Pretty much same old choosing the speaker, putting on a show for the same audience. Why not Mary Issac? Rick Wayne for that matter? Afraid of any serious debate?

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