Politicians,
accusing each other of bad management or corruption while in office, runs the
danger of spreading hate in a once loving society. This Hate and Suspicion, in
a struggling economy, can easily trigger social unrest, insurrection and civil
war. The population needs leadership, ‘Better not Blame’. Leadership that
understands the important issues and listens to all points-of-view, ‘Decide and
Do. Implement a strong programme of economic diversification to stop job
losses, prevent business closures, and halt declining tax revenues. Negotiate
flat or low growth in public expenditure, with workers' unions, to benefit all
the people and rebuild the economy. Deliver essential Security, Health and
Education services supported by recurrent cost, infrastructure building and
maintenance. Manage debt servicing to yield some future savings, and reduce the
nation’s total debt, which would be left to the nation’s grand and great
grandchildren.
Monday, December 25, 2017
Monday, December 18, 2017
A Deceptive Smile
Rape, physical and
verbal abuse, and sexual harassment are crimes, that are very difficult to
prove. Children are taught by their parents to smile and be nice on greeting
others. It is natural, in most cases, for males to want a nurturing and trustworthy
female, while females to want a strong and dependable male. The power dynamic,
however, is the cause of many problems, where one person with influence over another,
forces or is accused of forcing non-consenting contact. Noting that, adults,
who work very long hours with limited social opportunities to engage, must
undergo change to protect themselves and their careers.
Monday, December 11, 2017
Growing Revenue not debt
Individuals, Families, Communities and Countries, all
must budget living, happiness, and development expenditure to constantly
improve lifestyles. Such basic expenditure must be supported by core revenue
collections, not borrowings, in order to be sustainable. Borrowings or loans create
debt, with principal repayment schedules and interest charges, adding to the total
expenditure. Growing revenue is therefore required to match and balance the
increase of total expenditure. This is traditionally accomplished by attracting
both foreign and local investment, diversifying sectors and industries, incentivizing
and supporting startup business, creating jobs and encouraging Wage and Salary
growth.
Monday, December 4, 2017
Governance 2018
(An extract from Foreign Direct Investment 2018)
This category, allocated 4.47% of the nation’s
total expenditure, as reported by the office of the Auditor General 2016 and 4.31% in the 2017 revised estimates,
while estimating 4.56%
for 2018 up by 4.50%, as published by
the Ministry of Finance, consist of positions, offices, agencies and ministries
that monitors good, moral and ethical, behavior, such as; Ministry of Public Administration and Communications (MPAC) & The
Personnel Department, The Judiciary
& The Industrial Court, Ministry
of the Attorney General and Legal Affairs, Other Heads of Expenditure
involved in Governance, The Office of the Prime Minister, and The
President & The Parliament.
Monday, November 27, 2017
Fiscal Policy 2018
(An extract from Foreign Direct Investment 2018)
Functioning on a budgetary allocation; 26.39% of the nation’s
total expenditure, as reported by the office of the Auditor General 2016 and 30.39% in the 2017 revised estimates,
while estimating 30.46%
for 2018 down by 0.93%, as published by
the Ministry of Finance. This category, comprises the Ministry of Finance, Charges
on Account of the Public Debt and Pensions
and Gratuities, must focus efforts on increasing productivity and revenue
collection while, reducing the nation's debt and debt servicing expense. Hence,
as core revenues fall, below recurrent expenditure, resulting in mounting
deficits, forcing new borrowings to balance the nation’s annual budget, severe
pending cuts, will then trigger an inability to borrow or repay placing the
economy into a debt trap.
Monday, November 20, 2017
Economic Drivers 2018
(An extract from Foreign Direct Investment 2018)
Operating on 5.90% of the nation’s total expenditure, as reported by the office of the Auditor General 2016 and 4.39% in the 2017 revised estimates, while estimating 3.84% for 2018 down by 13.44%, as published by the Ministry of Finance. Economic Drivers are administered by the Ministries of Energy and Energy Industries, Agriculture, Lands and Fisheries, Planning and Development, Foreign and CARICOM Affairs, Labour and Small Enterprise Development, Trade and Industries, and Tourism. The nation's revenue, to offset its total annual expenditure, comes from the collections of taxes, duties and royalties; taxes on (personal income) salaries and wages, on (consumption) sales and value added, on (operations) business levy and green fund, on (corporation) profits, etc. Such revenue generating activities are encouraged and facilitated via Economic Drivers, which designs, implements and reviews the conditions for investment, employment and, the resulting, taxation.
Operating on 5.90% of the nation’s total expenditure, as reported by the office of the Auditor General 2016 and 4.39% in the 2017 revised estimates, while estimating 3.84% for 2018 down by 13.44%, as published by the Ministry of Finance. Economic Drivers are administered by the Ministries of Energy and Energy Industries, Agriculture, Lands and Fisheries, Planning and Development, Foreign and CARICOM Affairs, Labour and Small Enterprise Development, Trade and Industries, and Tourism. The nation's revenue, to offset its total annual expenditure, comes from the collections of taxes, duties and royalties; taxes on (personal income) salaries and wages, on (consumption) sales and value added, on (operations) business levy and green fund, on (corporation) profits, etc. Such revenue generating activities are encouraged and facilitated via Economic Drivers, which designs, implements and reviews the conditions for investment, employment and, the resulting, taxation.
Monday, November 13, 2017
Infrastructure Management 2018
(An extract from Foreign Direct Investment 2018)
Utilizing 20.38% of the nation’s total expenditure, as reported by the office of the Auditor General 2016 and 20.39% in the 2017 revised estimates, while estimating 20.60% for 2018 down by 0.17%, as published by the Ministry of Finance, to maintain and expand public spaces. Such Infrastructure expenditure has widely been realized and accepted to directly impact productivity; outputs, driven by comfortable and safe, work and play environments, for example; organizations to produce and deliver water and electricity, industrial parks, courts, police stations, hospital, schools, housing, administration offices, communications, community centers, open parks, transport hubs, roads and bridges, etc. This Infrastructure Management category consist of the Ministries of Public Utilities, Works and Transport, Rural Development and Local Government, Housing and Urban Development and the Tobago House of Assembly.
Utilizing 20.38% of the nation’s total expenditure, as reported by the office of the Auditor General 2016 and 20.39% in the 2017 revised estimates, while estimating 20.60% for 2018 down by 0.17%, as published by the Ministry of Finance, to maintain and expand public spaces. Such Infrastructure expenditure has widely been realized and accepted to directly impact productivity; outputs, driven by comfortable and safe, work and play environments, for example; organizations to produce and deliver water and electricity, industrial parks, courts, police stations, hospital, schools, housing, administration offices, communications, community centers, open parks, transport hubs, roads and bridges, etc. This Infrastructure Management category consist of the Ministries of Public Utilities, Works and Transport, Rural Development and Local Government, Housing and Urban Development and the Tobago House of Assembly.
Monday, November 6, 2017
Human Development 2018
(An extract from Foreign Direct Investment 2018)
This comprised expenditure funds totaling 29.64% of the nation’s
total expenditure, as reported by the office of the Auditor General 2016 and 28.49% in the 2017 revised estimates,
while estimating 29.44%
up by 2.14% for 2018, as published by the
Ministry of Finance. The Human Development category is to execute policies,
strategies and initiatives of the Ministries
of Health, Education, Social Development and Family Services, Community
Development, Culture and the Arts, and Sport and Youth Affairs.
Wednesday, November 1, 2017
Resource Preservation 2018
(An extract from Foreign Direct Investment 2018)
The objective is to protect and preserve the nation's assets; its people, its property, its peace, under conditions of depleted financial resources with less dedicated and approved budgetary allocation of public expenditure. Resource Preservation comprised expenditure funds totaling 13.21% of the nation’s total expenditure, as reported by the office of the Auditor General 2016 and 12.02% in the 2017 revised estimates, while estimating 11.1% down by 8.77% for 2018, as published by the Ministry of Finance. These funds are to enact the policies of the Ministry of National Security; the Defence Forces, its arms, divisions and initiatives, along with the crime deterrence strategies of the Police Service, whose expenditure is independently control. Noting that, the non-executive President of the nation is the Commander and Chief of the Defence Forces, further subdivided into the Regiment, the Coast Guard and Air Guard, with reserves and other specialty units.
The objective is to protect and preserve the nation's assets; its people, its property, its peace, under conditions of depleted financial resources with less dedicated and approved budgetary allocation of public expenditure. Resource Preservation comprised expenditure funds totaling 13.21% of the nation’s total expenditure, as reported by the office of the Auditor General 2016 and 12.02% in the 2017 revised estimates, while estimating 11.1% down by 8.77% for 2018, as published by the Ministry of Finance. These funds are to enact the policies of the Ministry of National Security; the Defence Forces, its arms, divisions and initiatives, along with the crime deterrence strategies of the Police Service, whose expenditure is independently control. Noting that, the non-executive President of the nation is the Commander and Chief of the Defence Forces, further subdivided into the Regiment, the Coast Guard and Air Guard, with reserves and other specialty units.
Monday, October 16, 2017
Opportunities
Numerous information is disseminated, via mass and
social media, on and about opportunities, evolving out of public sector
policies and private sector participation, to foster economic growth. Training
materials and courses, educate and motivate participants, on the best sector
and industry practice methods. While, internal controls track and measure
performance and guide future decision-making. Opportunities, to improve quality
of life, employment and investment income, must be constantly sourced,
gathered, analyzed, implemented, measured and maintained, and are born out of a
single individual idea, prone to very high mortality rates or numerous early
period failures, facilitated through taxpayers funding, and incubated into a
sustainable growth industry.
Monday, October 9, 2017
Fixing a Nation
The
country, the state, the community can only prosper by paying its bills; paying
for security, health, education, sport, culture, social services, maintenance
and infrastructure. Business and employment are the chief drivers to meet such
bills. It is the generated and collected taxation revenue, from such drivers,
which must be expanded to meet the spending burden. Economic growth and diversity
must, therefore, be forecast and maintained to match (inflation) increasing
expenditure. Economic data managed and available, to all taxpayers, is the
solution.
Monday, October 2, 2017
Your Nation Needs You
You, the Idea Promoter, the Risk-Taker, the Entrepreneur and Member
of SEED (the Society for Entrepreneur and Economic Development), are desperately
needed now, not just to rebuild. Your nation and the world needs you, to
restructure using innovation to protect future populations and properties. Your
ideas and efforts are highly appreciated and very valuable and must be tied to
the essential initial contribution and investment. Your guidance and plans are
very necessary to achieve the objectives, and therefore, requires powerful
relationships with banks, for operational cash flow. Hence, it is you that must
step forward to fix the nation’s economy.
Monday, September 25, 2017
New News
The media discussion, comparing earning to informing,
is constantly ongoing; promotional stories vs. verified facts, with media
owners seeking earnings and profits from increasing audience, while,
professional journalists seek to inform and educate the general public. Now, with
social media joining the discussion and threatening to disrupt the traditional
media business model; entertainment is easily available and amateur journalists
find an audience, disseminating opinions and feelings, which many take and
forward as facts. This online broadcast does solve one old problem; negative
news about large scale advertisers, no longer can such news be suppressed by
media owners. But with the very large volume of news releases, over-load contributes
to a shorten news cycle. Begging the question, "Would traditional media
survive?"
Monday, September 18, 2017
Problem Solving
The starting point toward any problem-solving
action, must be a clear vision of what reality will become without the
existence of this particular problem. The current reality is constantly being
examined from multiple angles, as to its effect on people and resources. Diving
into detail causes of and surrounding issues pertaining to this problem, will
only scratch the surface of the current reality. While, actions are taken and
implemented, with the common knowledge, to move this problem to someone else's
responsibility and/or to a future time. Hence, solutions must take into
consideration the resulting effects and the creation of new problems.
Sunday, September 10, 2017
The Will to Live
The call is for a better world, new integrated systems, which eliminates Ego and Greed, moves the artisan, dreamer, planner, thinker or visionary, to the top of the social ladder, while downplaying personal wants and replacing them with public needs. Placing efforts to serve the many before benefiting the few. The average citizen, worker, union member, self-employed, politically active, in other words every individual, must understand, the existing reality, before committing to or taking a position in foreseeable disputes, insurrection or war.
Monday, March 6, 2017
Foreign Direct Investment 2017
Monday, February 27, 2017
Diversification 2017
(An extract
from Foreign Direct Investment 2017)
The
people must trust their leaders; politicians, lawmakers and members of the
executive or cabinet, and leaders must be worthy of such public trust, for
progress to be achieved for all the nation's peoples. Unfortunately, the ideal circumstance,
for all groups in a society to agree and act together, is at the very end of
self determination, when desperation sets in! Prescriptions to cure an economy
in recession, achieve sustainable development, and constantly improve standards
of living for all the people, are bitter and require sacrifices from all
society's groupings. While, preventing harsh adjustments require a fair
distribution of wealth and the building of reserves.
Wednesday, February 22, 2017
SEED Structuring
SEED Public Policy
Monday, February 6, 2017
Governance 2017
(An extract from Foreign Direct Investment 2017)
A
nation's development is badly hindered and retarded by individual greed;
corrupt public officers, bias reporting, unfair hiring practices, slow justice,
unbalance dispute settlements, unlawful opinions, compromised records, a lack
of transparency, general back room dealings, selling executive influence,
misusing presidential privilege, laws to benefit the few rather than the many, practices
and actions which have to be avoided, rooted out, dealt with and, ultimately
replaced by Good Governance.
Governance,
with 4.39% of the nation's total annual estimated expenditure budget up 0.58%,
is the category of post, offices, agencies and ministries that monitors good,
moral and ethical, behavior.
Monday, January 30, 2017
Fiscal Policy 2017
(An extract from Foreign Direct Investment 2017)
Civil
wars, insurrections, uprisings, protests, workers strikes, all are rooted in
the distribution of wealth. This is the responsibility of the nation's elected
executive; to design, adopt, fine-tune, implement and revise policies, which
would encourage and reward risk-takers' investment while, maintaining a
measured standard of living through employment and the uplifting of the
vulnerable in society. Investment, Employment and Social Benefits are the
opportunities essential for nation building. However, the nation's capability
to earn from its present or projected revenue streams, increasing productivity,
currently carries much less influence, when compared to the nation's power or
ability to borrow and, of course, service and repay the debt. In other words,
it is presently easier to borrow than to diversify.
Monday, January 23, 2017
Economic Drivers 2017
(An extract from Foreign Direct Investment 2017)
The nation's revenue, to offset its total
annual expenditure, comes from the collections of taxes, duties and royalties;
taxes on (personal income) salaries and wages, on (consumption) sales and value
added, on (operations) business levy and green fund, on (corporation) profits,
etc. Such revenue generating activities are encouraged and facilitated via
Economic Drivers, which designs, implement and review the conditions for
investment, employment and, the resulting, taxation. Operating on 5.48% of the
nation's total current expenditure budget, Economic Drivers are administered by
the Ministries of Energy and Energy Industries, Agriculture, Lands and
Fisheries, Planning and Development, Foreign and CARICOM Affairs, Labour and
Small Enterprise Development, Trade and Industries, and Tourism.
Monday, January 16, 2017
Infrastructure Management 2017
(An extract from Foreign Direct Investment 2017)
It
has been long realized and accepted that Infrastructure Management directly
affects productivity; outputs driven by comfortable and safe work and play
spaces, such as; water and electricity, industrial parks, administration offices,
community centers, open parks, transport hubs, roads and bridges, etc. Utilizing
19.97% of the nation's total annual allocated expenditure to maintain and
expand public spaces, the Infrastructure Management category consist of the
ministries of Public Utilities, Works and Transport, the Tobago House of Assembly,
the ministries of Rural Development and Local Government, and Housing and Urban
Development.
Monday, January 9, 2017
Human Development 2017
(An extract from Foreign Direct Investment 2017)
The progress of any country, nation, society is driven by its human resource and the development of such; its citizenry, its people, its skills and talents. Noting that, growth industries and job creation are as a direct result of investment in ideas, and the only true source of ideas is the human being. A population that is educated, healthy, well adjusted as a society, contributing in the community, supporting culture and the arts, participating in competitive sport and encouraging the youth, will build and maintain a happy, respectful, caring and sharing nation.
The
Human Development category consist of budgetary allocations, 28.90% of the nation's
total annual estimated expenditure down by 0.31% from the previous period revised
estimates, to execute policies, strategies and initiatives of the Ministries of
Health, Education, Social Development and Family Services, Community
Development, Culture and the Arts, and Sport and Youth Affairs.
Monday, January 2, 2017
Resource Preservation 2017
(An extract from Foreign Direct Investment 2017)
This
refers to the approved budgetary allocation of public expenditure dedicated to protecting
and preserving the nation's assets; its people, its property, its peace. Resource
Preservation comprises funds, 10.41% of the nation’s total expenditure as
reported by the Auditor General 2015 and 13.59% in the revised estimates 2016
and 13.05% down by 2.49% for 2017 published by the Ministry of Finance, to enact
the policies of the Ministry of National
Security, its arms and divisions, along with the crime interjection strategies
of the Police Service, whose
expenditure is independently control. While the Defence Forces policies and
funding are administered and overseen by the Ministry. The non-executive President
of the nation is the Commander and Chief of the Defence Forces, further subdivided
into the Regiment, the Coast Guard and Air Guard, with reserves and other specialty
arms and initiatives.
Subscribe to:
Posts (Atom)