{"id":267442,"date":"2021-05-10T13:04:56","date_gmt":"2021-05-10T17:04:56","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=267442"},"modified":"2021-05-10T15:03:11","modified_gmt":"2021-05-10T19:03:11","slug":"haitians-sent-out-22-m-last-year-pm-points-to-this-as-a-sign-that-the-economy-is-recovering","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/homepage\/haitians-sent-out-22-m-last-year-pm-points-to-this-as-a-sign-that-the-economy-is-recovering\/","title":{"rendered":"PM says Dominican economy is recovering; cites $22M sent by Haitians to Haiti, among other signs"},"content":{"rendered":"
\"\"
PM Skerrit at Thursday’s Cabinet Press Briefing last week<\/figcaption><\/figure>\n

Prime Minister Roosevelt Skerrit has announced that despite the economic downturn caused by COVID-19, the economy is showing signs of recovery.<\/p>\n

Speaking during a recent cabinet press conference, the finance minister announced that although the economy has not gotten back to where it was pre-pandemic, progress is being made.<\/p>\n

\u201cAs you know our economy was projected to grow by 5.6% in 2020, following another 9.7% the year before with a number of capital projects that were on stream but here came the pandemic,\u201d he pointed out.<\/p>\n

While he notes that the economy is not doing as bad as it was in the early stage of the pandemic, he disclosed that we’re not bringing in the revenue that we were bringing in at the same period in\u00a0 2015.<\/p>\n

\u201cBut we are seeing progress,\u201d Skerrit stated. \u201cWe are seeing improvement in the economy, and of course\u00a0 we are marking this from the revenues coming from the income tax and the value-added tax.\u201d<\/p>\n

Another sign of growth in the economy he noted was the million sent out by Haitian nationals who reside here in Dominica, during the past two years.<\/p>\n

\u201cTo also say to the Dominican public when we complain that there is no money in the economy or there are no jobs, the record shows that just Haitian nationals sent out 22 million dollars in 2020 via money gram and western union,\u201d he stated. \u201c22 million dollars in COVID-19 period…and in 2019 they sent out 23 million dollars. So I wanted to put\u00a0 this important piece of fact so that people appreciate that we may not be where we want but\u00a0 there are opportunities for us as Dominicans to do so.\u201d<\/p>\n

Notwithstanding the challenges of the economy, the head of Government emphasized that his government has continued to honour its responsibility.<\/p>\n

\u201cWe have also maintained consistent payment to the national employment programme to the 70 and over allowance, notwithstanding the fact that there may be one of two students in between who may sometimes are not dealt with administratively in terms of the payments of the\u00a0 school fees, we have paid them for this financial year about 22 million dollars to students studying overseas.\u201d<\/p>\n

He went on to commend residents for what he has labelled as \u201cindustriousness\u201d in the face of the pandemic.<\/p>\n

\u201cPeople have adapted as a result of COVID-19 and you have seen people change their business model. They have brought in new businesses and my hope and prayer is that we will see these things continue with us as a legacy of COVID-19,\u201d Skerrit said.<\/p>\n

The Prime Minister further stressed that importance for citizens to provide support to those types of enterprises going forward.<\/p>\n","protected":false},"excerpt":{"rendered":"Prime Minister Roosevelt Skerrit has announced that despite the economic downturn caused by COVID-19, the economy is showing signs of recovery. Speaking during a recent cabinet press conference, the finance minister announced that although the economy has not gotten back…","protected":false},"author":27,"featured_media":267443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[36,77,235,9],"tags":[],"class_list":["post-267442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-development","category-homepage","category-homepage-carousel","category-news"],"acf":[],"yoast_head":"\nPM says Dominican economy is recovering; cites $22M sent by Haitians to Haiti, among other signs - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/homepage\/haitians-sent-out-22-m-last-year-pm-points-to-this-as-a-sign-that-the-economy-is-recovering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM says Dominican economy is recovering; cites $22M sent by Haitians to Haiti, among other signs - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"Prime Minister Roosevelt Skerrit has announced that despite the economic downturn caused by COVID-19, the economy is showing signs of recovery. 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