A local economist has defended the significance of Dominica's Citizenship by Investment Program. This comes amidst criticisms by the Opposition UWP about the rapid growth of the program and its transparency.
Economist McCarthy Marie says he sees no problem with the growth in revenue from the program given it is being run like any successful business.
He says the disappointment would be just as great if not greater if the program has the opposite effect generating little or no revenue.
He made the remarks during a post budget panel discussion.
He says the program is essential to Dominica's economy.
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