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  • MP Lewis Calls for Tax Reductions Based on Gaston Browne’s Excessive Revenue Collection

MP Lewis Calls for Tax Reductions Based on Gaston Browne’s Excessive Revenue Collection

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I call on Prime Minister Gaston Browne to roll back the recent new taxes and tax increases, and instead rely on the three alternative revenue measures promised in the March 2023 Budget.

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Gaston Browne promised in his election rallies and manifesto that there would be no increase in the ABST. When he made this promise, he did so undoubtedly having, as Finance Minister, all the facts and figures on the finances of the nation.

The public was also promised in the March 2023 budget that three things would be done to boost revenue, negating the need for to increase the ABST or introduce any new taxes:

  1. Improved collection of existing taxes
  2. Reduction of discretionary waivers
  3. Reduction of spending, cutting wasteful spending, as well as improvements in the efficiency of the Public Sector.

These alternatives have yielded enough new revenue to address salary increases and other fiscal needs, without increasing the tax-burden on citizens and residents. The government is therefore needlessly taxing citizens and residents to rake in extra revenue, that is well in excess of what the Prime Minister claimed was required.

MP Richard Lewis observes, “It is only ethical for any government to first improve the utilization of existing tax dollars, and reduce wasteful spending, rather than massively increasing the tax-burden as their first option. Instead of using a common sense approach, Gaston Browne has decided to use the people’s pockets as a bailout for his incompetent administration.”

“The people of this country are rightfully asking: why is Gaston Browne fighting to keep this massive tax-burden on their pockets, even after he has found more than enough new revenue from other measures?” Lewis added.

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“This is a head-scratcher.”

“What is the government hiding from us? Why are they brutally attacking our pockets? The people demand an answer and demand it now!”, Lewis adamantly declares.

Lewis concludes, “It’s time for a tax reset. It’s time to ‘ease the squeeze’ that Gaston Browne has placed on suffering residents and small business owners.”

Richard S. Lewis MP

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]