Minister for Climate Resilience and the Environment, Joseph Isaac, presented in parliament today, on the proposed Offshore Banking (Amendment Bill) 2019
Members of Parliament met today to amend a few Acts of Parliament. Minister for Climate Resilience and the Environment, Joseph Isaac, presented in Parliament today, specifically on the proposed Offshore Banking (Amendment Bill) 2019, to be considered, based on the current report made public by the OECD, which has blacklisted Dominica, based on what the organization refers to as the mishandling of the CBI, specifically in terms of transparency and tax matters.
The International Business Company Amendment Act 2019, The Offshore Banking (Amendment Bill) 2019, the Fiscal Incentives Amendment Act and the Automatic Exchange of Financial Account Information (Common Reporting Standard) Act, were all read for the first time, in Parliament.
Isaac continued further to elaborate on the amendments brought by the DLP administration on the Offshore Banking (Amendment Bill) 2019.
Minister for Climate Resilience and the Environment, Joseph Isaac
(UWP) candidate for the Roseau Valley Constituency, and Attorney, Ronald Charles, officially sworn-in as a member of the House of Parliament
Now (UWP) Senator, candidate for the Roseau Valley Constituency, and Attorney, Ronald Charles, was officially sworn-in as a member of the House of Parliament and UWP Senator, in Parliament on 21st January 2019.
Charles replaces former United Workers Party (UWP) Senator Dr. Thomson Fontaine, who was removed from that position, due to his absence at three consecutive sittings of Parliament, without the expressed authority of the Speaker of the House of Assembly. Alix Boyd-Knights.
While giving his speech in parliament earlier today, Charles thanked Opposition Leader, Lennox Linton, for granting him the opportunity to serve at the highest level. Charles received his instrument of appointment on Friday, 11th January, Dominica’s President, Charles Savarin.
(UWP) Senator, Candidate for the Roseau Valley Constituency, and Attorney, Ronald Charles.
Meantime Speaker of the House, Alix Boyd Knights, attempted to give her remarks in response to Charles’s speech in Parliament:
Speaker of the House, Alix Boyd Knights
Attorney Ronald Charles today takes the oath to become the new Senator of the Opposition UWP.
He replaces Dr Thomson Fontaine who lost his seat in parliament after allegedly missing three consecutive sittings of parliament.
Parliament got to a start this morning at 10am, with a Bill to cooperate with International institutions on tax related matters also on the agenda.
Q95News will bring you more in a subsequent news cast.
Parliamentary Representative for Roseau Central Joseph Isaac is calling on citizens to remember during the Carnival celebrations 2019 to operate as a family of love and unity.
He was speaking at the official opening of Carnival at the Windsor Park Forecourt on the weekend.
Parliamentary Representative for Roseau Central Joseph Isaac
Meantime Mayor of Roseau Irene John has asked for cooperation in keeping the city as clean as possible during the festive season.
Mayor of Roseau Irene John.
According to Agriculture Minister Reginald Austrie Dominica could soon see a Centre for Agriculture Resilience.
He says talks have been ongoing for some time now.
The minister was speaking on a local radio program last week.
Meanwhile Austrie says that figures before him indicate that between January and December 2018 his ministry has been able to produce goods in excess of $103M.
Agriculture Minster Reginald Austrie.
The Mahaut Constituency Roof repair & Housing Expansion Program saw a further injection of $3.8Million.
Parliamentary Representative for the Mahaut constituency Rayburn Blackmoore says in the first phase $2Million was received, and in addition to that a number of persons were provided with building materials.
In making the cheque presentation to the Mahaut Village Council last week, he says because materials were provided - his ministry was able to subtract the material cost from the overall cost resulting in savings of almost $1M.
Blackmoore says in this year's financial budget cycle provisions are being made for a Housing Development Project in Jimmit and Massacre, with Canefield also be looked at.
Parliamentary Representative for the Mahaut Constituency Rayburn Blackmoore
Meantime, Ag Permanent Secretary in the Ministry of Housing Reginald Severin has asked contractors to cooperate with the ministry and the codes provided by the Housing Division so as not to compromise homes slated for repair.
Ag Permanent Secretary in the Ministry of Housing Reginald Severin.
Dominica’s Prime Minister, Roosevelt Skerrit, has attempted to respond to the growing CBI concerns of the populace
In recent times, Dominica’s Prime Minister, Roosevelt Skerrit has attempted to respond to the growing concerns of the populace, as to how his administration has managed the to generate the revenues collected from the country’s CBI program over the years he has been in office.
According to reports, 52 percent of Dominica’s revenue will come from the funds collected from the CBI program, over the 2018/2019 fiscal year.
The Prime Minister says nothing lasts forever but one of the main uses of the funds is to reduce the country’s debt.
Dominica’s Prime Minister, Roosevelt Skerrit
Prime Minister Gaston Browne says Antigua and Barbuda "has an obligation to stand by the People's Republic of China" noting that the relationship shared by the two countries is "very important to the people of Antigua & Barbuda."
Browne was speaking at the groundbreaking ceremony for a new Chinese Embassy and Residence, in St John's Antigua.
The Gaston Browne administration has made available, for a token a sum of $1, five acres of Government land to the People's Republic of China for the facility.
The government was criticized heavily for its decision to sell the land to China for $1. It was seen by many, as the government giving away the people's patrimony.
But Browne said, in the last decade, the People's Republic of China has made a far greater contribution that any other towards the development of Antigua and Barbuda.
China's economy grew at its slowest pace in almost three decades last year.
The world's second biggest economy expanded 6.6% in 2018, according to official data published Monday. That's the weakest annual performance since 1990.
Chinese growth has lost momentum following government efforts to try to rein in high levels of debt. It has also started feeling the effects of the trade war with the United States, which has resulted in new tariffs on more than $250 billion of Chinese exports.
The deteriorating situation in a market that businesses around the world rely upon for growth is having a widespread impact. It has spooked investors and prompted warnings from top companies like Apple (AAPL).
The Eastern Caribbean Central Bank (ECCB) hopes to modernize the land registration system in the ECCU for purposes of competitiveness
A Draft Harmonized Land Registration Bill is the outcome of the Eastern Caribbean Currency Union’s (ECCU’s) Electronic Conveyance System Project (ECSP), which was sponsored by the Eastern Caribbean Central Bank (ECCB).
The idea behind the initiative is to overhaul the land registration system in the ECCU.
The ECCB says it is open to Feedback on the Draft Harmonized Land Registration Bill, until the end of February 2019.
ECCU Senior Legal Officer Raemona Frederick says he project is also seeking to enhance the regions competitiveness by creating a more modernized proper transfer system.
There are two major land systems within the Caribbean regions. They are registered and unregistered land systems. Dominica currently has both.
A legal drafting consultancy team will produce the blueprint, led by John Eliud Charles of Dominica.
ECCU Senior Legal Officer Raemona Frederick
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