Business View Caribbean NOV 2022

BUSINESS VIEW CARIBBEAN VOLUME 9, ISSUE 11 BUSINESS VIEW CARIBBEAN VOLUME 9, ISSUE 11 9 8 T he Commonwealth of Dominica held a National Day Parade on Thursday to commemorate its 44th year of complete autonomy from the British rule. People flocked at the Windsor Park Sports Stadium to witness the event, which is one of the important highlights in Dominica’s month-long celebration of its independence on November 3rd. This year’s theme is “One Dominica, One People, One Vision.” The parade of colors signaled the beginning of the program, led by a marching band donned in red uniforms. Dominica’s Prime Minister Roosevelt Skerrit took the stage and shared his vision for the country, as well as what it has accomplished so far. “We do not have the resources and financial cushion to protect ourselves from global turbulence. What I can guarantee you is that your government and I are using all the experience, skills, intellect, and network available to us to ensure that all Dominicans are shielded from the global circumstances as it is possible to do,” Skerrit said. Skerrit highlighted the achievements of the island of Dominica over the years, including the recognition the island received from the prestigious T+L magazine. “As we navigate these global challenges, the pace may be slow, but this government is still building our nation’s social capital. Investing in our people and youth, protecting our seniors, promoting culture and entrepreneurship, looking after all public officers, ensuring that Dominicans are in resilient homes, improving our education and DOMINICA HOLDS NATIONAL PARADE FOR ITS 44TH INDEPENDENCE DAY F I RST PUBL I SHED SOURCE> CAR I BBEAN NEWS NOW, CAR I BBEAN NEWS ED I TOR, NOV 04, 2022 healthcare systems, upgrading infrastructure, and securing the future of Dominica and Dominicans,” Skerrit said. Aside from international monetary aid, the government gets its funding for its residential, healthcare, education, and airport projects from the country’s Citizenship By Investment (CBI) Programme, one of the world’s longest-running programs to date. True enough, Dominica has built a number of climate-resilient infrastructure over the years, with developing company MMC Development Ltd. overseeing these projects. Under the management of MMC Development Ltd., over 2,000 homes have already been turned over to residents, and healthcare centers have delivered quality care to its people. “As we position Dominica to become the premier destination and preferred choice for travelers, our new international airport will ensure and enhance direct access not just for visitors but for the thousands of Dominicans in the diaspora who come home every year,” Skerrit shared, adding that the airport will also “stimulate trade, business and industry, tourism and agriculture, and place our country on a growth trajectory.” The Caribbean Community (CARICOM) also extended its congratulations to the people of Dominica. “On behalf of the Caribbean Community (CARICOM), I wish to convey congratulations and best wishes to the Government and People of the Commonwealth of Dominica on the occasion of the Forty-Fourth Anniversary of your country’s Independence,” said CARICOM Secretary-General Dr. Carla Barnett. “The strides the nation has made since Independence have propelled it toward a viable and prosperous future and are indicative of a spirit of innovation, resilience, and enterprise,” Barnett added.