Vital said the DFP will work towards reversing the damage done to the CBI Program

The leader of the Dominica Freedom Party (DFP), Kent Vital, has said his party will take measures to make the Citizenship By Investment (CBI) Program noble and great again.

Vital made the remarks at a press conference held at the Garraway Hotel recently.

 “As a responsible political party, we will give consideration to several important efforts in that regard. To start with, we will execute effort to make the Citizenship By Investment Program noble and great again,” he said. “After all it was the Dominica Freedom Party that introduced the program into Dominica and if it is wrecked before we get the opportunity to make it noble again, it will be due to the current administration’s poor record on managing the program.”

Vital said the DFP will work towards reversing the damage done to the CBI Program and repairing the country’s reputation and will engage in discussions with international partners in order to make the program “better and more competitive.”

The new DFP boss promised that his party will manage the CBI Program to protect the interest of the country’s citizens, both citizens by birth and naturalized citizens.

“In so doing we will be open and transparent at all times and we will make sure that there is no chance that our normal citizens will be overridden by our economic citizens,” he noted.

Vital, an economist with broad regional experience, declared that his party will not sit by and depend on the CBI Program as the only hope.

“That sort of dependence is really pathetic and leaves one to question whether the current administration is sufficiently creative to take this country forward in a sustainable manner,” he argued.

 He suggested that revenue from the CBI Program should be used to reduce debt, to build fiscal reserves and to undertake critical capital investment projects, “that will be able to give us a jump-start.”

 He said his party will, therefore, ensure that the country’s fiscal operations are well managed and that, “we implement creative financing options.”