Prime Minister and Minister for Finance, Economic Affairs, Planning and Social Security, Kenny D. Anthony is expected to seek the approval of parliament to secure a loan of $3,000,000.00 from the National Insurance Corporation, to finance the Cruise Sector Employment Program.
This program was first announced during the 2014/2015 budget. Since then it has stirred a hornet’s nest with at least one official from Carnival Cruise lines in an exclusive interview with the STAR denying knowledge of the program.
The Prime Minister had announced that the Government of Saint Lucia had entered into an arrangement with Carnival Cruise Lines, the Saint Lucia Development Bank and the Springboard Training Institute to provide jobs for unemployed youth.
According to the Government, over two hundred young people would be trained and provided with low interest loans, so as to enable them to benefit from employment opportunities in the cruise sector.
The Prime Minister will also seek the authorization of Parliament to guarantee the sum of EC $18,200,000.00, from the Caribbean Development Bank, for the University of the West Indies, for the purpose of extending the Open Campus at Morne Fortune.
The Money Services Business (Amendment) Bill, the Immigration (Amendment) Bill and the Motor Vehicles and Road Traffic Bill, will also be presented for first reading.
The House of Assembly convened today, Tuesday, August 12, 2014 at 10:00 am.