Prime Minister Roosevelt Skerrit has acknowledged that the government has much more work to do to improve the economy and create jobs.
The prime minister described this as a continuous challenge that should also be taken up by other key sectors.
“The private sector and our citizens must partner with the government to create those opportunities,” PM Skerrit said on privately owned radio station Kairi FM on Tuesday (July 10 2012).
He told Kairi’s Heng programme that it was encouraging to see, despite the global economic situation, that “a number of local people are investing in tourism facilities, investing in agriculture”.
He urged people benefiting from their investments to share their success stories.
According to the prime minister, about 90 per cent of the investments in tourism are financed by the AID Bank – the Agricultural Industrial Development Bank.
He cited this as a clear indication that the government was playing a role in promoting investment in the country.
The prime minister, in his role as finance minister, is scheduled to present the country’s 2012/2013 national budget on July 17.
Some in the business community have appealed for the budget to make provision for further job creation to alleviate the current level of unemployment.