A $400,000 loan presented by the government of Dominica to the Dominica Agricultural Producers and Exporters Ltd (DAPEX) is expected to make the purchasing of agricultural produce from farmers for export easier.
The cheque for the loan, at zero percent interest, was presented to the agency by Prime Minister, Roosevelt Skerrit, on Monday.
The Dominica Export Import Agency (DEXIA), will monitor the loan performance and ensure that the farmers are the ones benefiting from it.
“DEXIA’s role in that process is to monitor the performance of that loan, monitor what happens in terms of the export of agricultural produce. So DEXIA will be keeping a keen eye in terms of how the resources are being used and the farmers who are benefiting from it,” general manager of DEXIA, Gregoire Thomas, said.
According to him the intended purpose of the loan is to assist in paying farmers for their produce.
Chairman of DAPEX, Luke Prevost, said the loan came at an opportune time since the organization is aggressively seeking to expand its export business.
“It is for us a good moment to be here,” he said. “It was June last year that the commitment was made to have loaned to DAPEX this amount of finance. It has taken some time but we are happy that it happened today. This amount of $400,000, when it was offered to us, was against the background that we were aggressively seeking to expand and to widen and develop our export business.”
Prevost said the agency’s export has grown and and has made noteworthy achievements, but according to him when export base broadens, cash flow becomes critical.
“Our export at this stage has progressed,” he stated. “The thing about export is that as it continues to broaden or deepen, then you find the question of cash flow become even more critical to you.”
He noted also that the key to DAPEX’s business is production and farmers should always be paid. “Our strategy has been never to have farmers supplying us produce and not being able to pay them within a short period, and our short period of course is within one week,” he noted. “So this finance here has come to assist us in terms of meeting that as we continue to export and expand our strategy.”
I LOVE MY PM WEE. Now can I have my plywood, toilet and $150
you have to give alot of money still and break more ground like a barco mr minister of all.
Here we go again. My granny always say eh. Bad habits are very easy to adopt but very hard to lose. Poor Sherro. People do him bad man? Alas bondie! When will he stop?
Within the last month, with all the monies handed out or down to DESERVING organizations I have NEVER EVER seen the PM turn his face away from the recipient. NEVER EVER.. A pic says a million words. PM giving DAPEX $400,000.00 and cannot watch Luke Prevost in the face!!! whats wrong with that …. that smile not hiding the subliminal message..
my granny told me anyone who is not able to look at u when he should is an evil doer but if for no reason he steers at u he is a buso la vie.
You better watch out, You better not cry
Better not pout, I’m telling you why
Santa Claus is coming to town
He’s making a list And checking it twice;
Gonna find out Who’s LABOUR OR NOT
Santa Claus is coming to town
He knows when election coming
He knows just what to do
He knows if you’ve been blind or poor
So stay poor till election time!
Don’t give all you crying, give all you complaining!! does it really matter who presents the cheques..Isn’t the cause and the reason the most important thing here..Come on Dominicans, when good is done let’s say so..Well done by the government!..
Skerro do not trust the other ministers to distribute the cash. They will take some for themselves.
I will give you money to vote for me or for any body who is going up for labor in your constituiency.
There should be a sysytem in place where citizens can go to request for assistance.
It is very unprofesssional the way in which Skerit is going around giving money.
But I want Dominicans to know that the country cannot progress like that.
Why wasn’t he doing so last year?? Will he continue to do the same after elections??
So the P.M is walking around handing money to the citizens??
In this modern times why can’t we move from this corrupt practice and standardize the way ploiticians do bussines.
This is so gross to see.
Civil servants wanted a small increase and they got nada now money flying all over the place, serve all u right
Never in my life have i seen money circulate in a Prime Minister’s hand, as I see in skerritt. I’m ashamed of him. He is all about money and he knows it! but he eh care!!!
he have his people them on yhe BOD
Sir what about the monies u ask to cut down on the fetilazer and you pay we want it too
I want my share and you got my vote.
ple the money is not for the man bondieu . is just to pay farmers for produce,. So poor ple can send their children skool, PM tht not enuff,,,,,,, please, ur house more than tht, commmon………. fARMERS CRYIN.. DAPEX JUST TRYIN TO HELP… PM PLAYING LIKE IS HIS DAM MONEY…………. NONSENSE MAN SKERO . GIVE FARMERS 400 MILLION …………….. DROP SOME IN THE AGRICULTURE PROGRAME AT DSC…
To pay farmers for produce? so where is the Minister of Agriculture? He is not fit to deliver a Check? This man skerritt (with a small s) is too full of himself. He keeps embarrassing Dominicans. But again, that’s what Dictators do best.
TEETH was having a conversation with TRICK AND STEAl was listening so he herd they mention THIEF’s name went to his master SMART and told him what he suspect so master asked so what u fear about these man he answered
TEETH was having a conversation with TRICK WHEN steal was listening and heard the mansion of THIEF’s name he quickly SORT his master SMART and told him what he heard MASTER then asked what do u think EDUCATED ONE VOLEY PAEH VOLEY.
Skerrit give Walter the middle finger a las poor walter
But Mr.Skeritt…can you really think..
before year’s end those funds are down…
this is a small sighted move by a leader who does not understand growth….
man you really need to be voted out..
Agriculture is a million dollar investment you coming with a few pennies…
let’s hope you don’t buy any candidate for more than 400,000….. i know u eat,sleep and breath deceptive motives..
time will tell
Good try Skerro, partner, I would do the same thing to force the poison chalice to pass me by. But try as hard as you can we will find a way to engage forensic auditors\lawyers to deal with the evidence Linton has in his possession. Firstly, we will start will the Villas, then the house, then the bins next the fertilizer, then your travel advances (and Ambrose’s too) next the MOU, then the land transfers, then the gifts, then Red clinic, next the abuse to power, Petro Caribe funds, next sale of passports and money laundering. Now win, lose or draw I know there will there will definitely be questions (trust me on that one) about your lawyer’s alleged or possible connection, if any, with the Christmas morning fire, somewhere in Goodwill. Patriot # 69.
why they do boycott the cheque.
Is this the same Prevost man who refused to stand up when the National Anthem was being sung at the Fatima Church in honour of The President?
You even want to tell a grown man when or when not to stand. Allu labour supporters not easy nuh. You there acting as if it’s Skerrit
‘s money. The money in our treasury belongs to all of us and besides that, this one doesn’t go to Luke Prevost’s personal account so back off and go to hell, go to hell it’s none of your damn business if the man chooses to stand or not, mind your damn business according to Roosevelt Medard Skerrit.
And your point is?
Farmer welcome the money that should have been made available long time ago. Take advantage of it and vote Skerrit out …..He must understand the farmers cannot be brought around elections with funds that was never made available before they abandon their farms.
Also why is the Minister of Agriculture not making the presentation….Skerrit again undermining his ministers with a one man show dictatorial policy.
I am looking for some comments that wouldn’t show political biasness. Election is due in 2015 subject to correction. Should the Govt. stop working? When it is bad say it is bad and when it is good say it is. Several projects have been put forward by the Govt. over the past few months along with needed contributions to certain organizations et. It seems like some people are just here to downplay the importance of these project and contributions, yet they are the same one who say that the Govt. isn’t doing anything.
I would like to hear mr Fenton Telemacque take on this one , he’s a very dissatisfied political farmer .Those of us from the Wesley ,Marigot area know that very well.
Nothing here for Fenton to defend. This too little too late. Wesley , marigot and Wesley folks still cannot get top their farms…this is just show. The farming industry need a $400 million to get it up and vibrating like in uwp and freedom days. That sprinkle skerrit trying is nothing close to what needed and what he destroyed. LET HIM GIVE THE FARMERS MORE AND FENTON and others VOTE DLP OUT!! Skerro really think Dominicans are fools…..
More handouts
Small minds does nothing more than discuss people. big mines look for solutions to solve problems.
the farmers need to be paid after election as well; papa bondieu skerrit you not easy
Go mr louis, patrick, telemaque and randy the farmers cry is being answered. But why wait until Now desperate men do desperate things to remain in power; the big question is WHY?
wait skerrit giving money again? and by the way other ministers cannot present checks? is only the pm?
So Dapex accepting money from Skerrit!!!!!!!!! impossible. So how comes dem Workers havent got ideas to raise funds for Dapex. I thought Edicson and crew had all the answers to solve farmers woes.
Boy respect politician… Check how Luke smiling, why didnt he boycott that cheque? It too fat?.. That cheque is not from Santa Claus man? Manchanster….
Oh no that one maybe come from the Blue Clinic.
Stupidity.
hmm that sounds fishy… they (DAPEX) should be able to have a revolving credit facility.
is there oversight to ensure these loans being made by the government will be paid?
why do they have to borrow money to pay farmers,do they have no money
kunoo skerro owe de people so he cannot pay so as a showman who loves attention he made that Santa clause coshonny,
Excuse me, but is it skerrit only that is the government of dominica? I cannot understand is he alone I’m seeing. Were is the other minister’s of government? Just asking.
That is a very justified question. Are we to assume that this is a one man government?
Did You not see the news conference where Matthew Walter sounding like the Opposition?while Skeritt taking all the praise to make the handout.
They are his puppets, or his body guards.
In my opinion, this appears to be a loan for votes. Mr. Luke Prevost said,” it has taken some time but we are happy that it happened today.” I have said it before, Skeritt must do everything possible to stay in power. Skeritt knows if he loses the next General Election, with Mr. Lennox Linton as Prime Minister, their shall be a massive investigation of all the alleged corruption which appears to involve the Skeritt Labor Party Administration. We must not forget, as a journalist , Mr. Linton exposed the alleged corrupted Government with his own cash, imagine he being in office where he has access to state funds, them fellers cannot escape, Par Lar.
Mr. Linton was and is no journalist. Where was he educated as a journalist? Where did he get his training? I guess if he started talking about medicine we can say he is a medical doctor to? Labour stated the same during their political campaign that uprooted the UWP from Govt. I see the same trend here with UWP. Same strategy 15 years later. Do we really want any change?
Im lost….. what exactly is your point….u talk about lennox’s training to be a journalist which is rubbish by the way….. den u askin bout uwp strategy now and 15 years ago but u havent indicated qhat strategy u talking about… its just a mess tryi.g to understand where u going with ur commrnt
Where the minster of Agriculture, i guess the pm is Minister of everything
Dominicans are too blind, too lazy, too dependent on the Red Clinic to see the funniness in the man. Their leader is who they choose.
I was of the understanding that all the PM does is “give handout.” This appears to be a different method of giving. Let’s see how the critiques responds to this one!
A move in the right direction.
Why only now? So long the farmers crying and BEGGING for help. Something is shaking them up.
I hope Dominicans open their eyes and see what is happening and do not forget.
santa clause in October lol. i need my share
Where is all this monies coming from all of a sudden. There was no money to give us a raise in salaries but right now money flying left,right and center eh!…well well well respect a politician smfh.
I loaned it to him. Ha, Ha! Ha! Eat your heart out, you critic.
Good job mr pm!