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.

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.

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.

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.

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.

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.

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.

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?"

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.

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.