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Public Procurement is centered on transparency, not just visibility

By Media, News, News & Events

The Procurement Administration Unit in the Department of Finance is finalizing regulations to the new procurement legislation enacted in June of 2021. Ag. Director of Procurement Administration, Anthony Jean, said the impact of procurement on the estimates of national expenditure is significant as government is the biggest procurer of goods, services, and works on the island.   

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The Department of Economic Development engage staff in a professional development session

By Media, News, News & Events

“Strong institutions are considered to be the essential foundation for the SDGs and the national development pillars. In fact, SDG 16 recognizes that weak institutions are a threat to Economic Development.”

These remarks were delivered at the commencement of a professional development session by the Permanent Secretary in the Department of Economic Development, Claudius Emmanuel.

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Reducing the Digital Divide to Boost Competitiveness and Productivity.

By Competitiveness, Media, News, News & Events, Productivity, Self Improvement, Youth

Covid-19 has created what has aptly been described as the “new normal” causing a blended approach to be adopted by all sectors in society. This has caused the rapid penetration and dependence on ICT for communication, business activity, education, and the list goes on.

This rapid dependence on ICT has undoubtedly widened the digital divide particularly for small island developing states like Saint Lucia with many not having access to technology or appropriate technology to seamlessly navigate this new normal.

Reducing the digital divide is projected as one sure way of increasing Saint Lucia’s competitiveness and sustaining economic development.

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Will the updated Procurement Legislation and the Electronic Government Procurement Platform eGP increase transparency, accountability, equity and competitiveness in Saint Lucia?

By Competitiveness, Media, News, News & Events, Productivity

Public Procurement aims to ensure the application of fair, competitive, transparent, value-for-money standards and practices for the procurement and disposal of public assets in the public sector procurement system.  The new Public Procurement legislation seeks to reduce the level of distrust in the system, reduce corruption, increase transparency, equality and accountability of government procurement.

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The Youth Economy: A catalyst for economic growth and National Development

By Competitiveness, Media, News, News & Events, Productivity, Self Improvement, Youth

Much has been said of the potential of the youth, the future generation, their innovative, inventive, and creative nature. The Government of Saint Lucia has placed great emphasis on harnessing this potential by placing the portfolio of the Youth Economy under the direct supervision of the Prime Minister of Saint Lucia.

The Youth economy is viewed as a catalyst for economic growth and national development and is expected to turn the ideas, dreams and hobbies of the youth into viable, sustainable, business opportunities.

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The Love Saint Lucia Campaign

By Competitiveness, Media, News, News & Events, Productivity, Self Improvement, Trade, Youth

Buying, supporting, investing in local products and services will keep our monies circulating within our local economy and create greater opportunities for livelihoods and businesses to thrive. But what are the hindrances to and or opportunities in fully embracing the Love Saint Lucia Campaign? At its core, this campaign is geared at improving the economic growth of Saint Lucia at all levels in society.

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