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. Fiscal
policy, functioning on a budgetary allocation; 32.48% of the nation’s total expenditure, as
reported by the office of the Auditor General 2018 and 33.74% in the 2019 revised estimates, while estimating 31.46% for 2020 down by 0.01%, as published by
the Ministry of Finance.
Sunday, December 22, 2019
Sunday, December 15, 2019
Economic Drivers 2020
(An extract from Foreign Direct Investment 2020)
The nation's revenue, to fund the service of the nation and offset its total annual expenditure, comes from the collections of taxes, duties and royalties, Returns on Investment and Sale of Assets. Such revenue generating activities are encouraged and facilitated via Economic Drivers, which designs, implements and reviews the conditions for investment, employment and, the resulting, recurrent taxation. Operating on 3.55% of the nation's total expenditure, as reported by the office of the Auditor General 2018 and 3.70% in the 2019 revised estimates, while estimating 4.64% for 2020 up by 34.28%, 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 fund the service of the nation and offset its total annual expenditure, comes from the collections of taxes, duties and royalties, Returns on Investment and Sale of Assets. Such revenue generating activities are encouraged and facilitated via Economic Drivers, which designs, implements and reviews the conditions for investment, employment and, the resulting, recurrent taxation. Operating on 3.55% of the nation's total expenditure, as reported by the office of the Auditor General 2018 and 3.70% in the 2019 revised estimates, while estimating 4.64% for 2020 up by 34.28%, 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.
Sunday, December 8, 2019
Infrastructure Management 2020
(An extract from Foreign Direct Investment 2020)
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 20.75% of the nation’s total expenditure, as reported by the office of the Auditor General 2018 and 19.73% in the 2019 revised estimates, while estimating 18.69% for 2020 up by 1.55%, as published by the Ministry of Finance, 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.
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 20.75% of the nation’s total expenditure, as reported by the office of the Auditor General 2018 and 19.73% in the 2019 revised estimates, while estimating 18.69% for 2020 up by 1.55%, as published by the Ministry of Finance, 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.
Sunday, December 1, 2019
Human Development 2020
(An extract from Foreign Direct Investment 2020)
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, 28.91%
of the nation’s total expenditure, as reported by the office of the Auditor
General 2018 and 29.18% in the 2019 revised estimates,
while estimating 28.83%
up by 5.95% for 2020, as published estimates
by the Ministry of Finance.
Sunday, November 24, 2019
Resource Preservation 2020
(An extract from Foreign Direct Investment 2020)
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, 10.01%
of the nation’s total expenditure as reported by the Auditor General 2018 and 9.45% in the revised
estimates 2019 and 10.83% up by 22.97% in 2020 published estimates 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 by the Police
Commissioner. 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.
Sunday, November 17, 2019
Business Analyst
Learned, read and studied traditional economic cases to
professionally track development and Business Models. Taking advantage of any
and all employment opportunities in Governance; National, Regional or
International Financial institutions, Private Financial Sector; Merchant
Banking, Corporate Banking, etc., establishing skills in a particular industry,
adopting language (jargon) and understanding physical procedures. As an
industry expert, having consulted on numerous projects, private sector clients
and Governments, will seek analysis on economic diversification, industry
transformation, preservation or closure. Using every daily interaction and task
to examine how operations can be improved, made better, more efficient and
effective, benefiting stakeholders and always, to enhance and better
lifestyles.
Sunday, November 10, 2019
Teachers’ Salaries
The education system product line is Graduates. Hence, students who
desire a career within this system must firstly, appreciate the responsibility
being placed on them. Secondly, the training must be more than the particular
subject matter and must include the humanity and continuous improvements
required to guide and motivate students. The Teacher must also recognize their
role in society, to always deliver a lesson to all who are ready to learn and
never disrespect the profession. A teacher is always a professional and must be
constantly seen as such, promoting discipline, not punishment, but a dedication
to time, knowledge and respect.
Sunday, November 3, 2019
Resilient Infrastructure
Eco-City is designed as a show piece to the world. Providing small
nations, societies and communities with the essential resilient infrastructure that
is the very key to human beings’ survival. Infrastructure, to deliver clean
water, nutrients and to treat waste, fit for human health. Electricity to power
essentials and conveniences, which benefits human lifestyles. Transportation
and Communications networks to facilitate human interaction. And Buildings Renovation to
shelter the human experience. The closest design is presently the cruise ship design,
missing only, agricultural growth, processing and manufacturing production to produce
food and medicine to adequately nourish and supply the population needs and
wants.
Sunday, October 27, 2019
Renovation
Shelter is to offer people protection against
nature’s destructive elements; fires and floods. With climate change now here;
the hottest days, the highest level of rainfall, building structures to shelter
people, with all conveniences, must now be mobile. The housing estate
neighborhoods, with foundation structures, are extremely vulnerable, on high
ground to bush fires and in low lying areas to floods. Insurance premiums are
on the rise and long-term financing is very difficult to secure. Mobile Homes,
built upon a vehicle trailer chassis, present the best solution. Financed with
a car type loan, insured similarly, parked next to the existing foundation
house and moved to rented lands as required for safety.
Sunday, October 20, 2019
Agriculture ‘An Economic Driver’
Water preservation is the key to the agriculture industry success.
Put simply, without sufficient or with too much, no growth is inevitable. Water
quality also plays a big role. Stored water, over time, deposits chemicals at
the container bottom, resulting in over treated water. Flood waters moves
chemicals from the surface into the sea, leaving mal-nourish soil. Climate
change brings long hot days of scorching temperatures and days of heavy
rainfall and floods, both to destroy animals and crops; the food supply. The
science calls for treated, constantly circulating water, reaching plants’ roots
and in reach of animal bodies.
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