Governor: Economic growth has not resolved social issues
PHILIPSBURG--While the country has seen and continues to expect economic growth, this has "not resulted in greater fiscal space nor resolved all the prevailing socio-economic issues," Governor Eugene Holiday said in his traditional opening of the fifth Parliamentary Year on Tuesday.
To tackle that lack of results, it is "essential" for unemployment, poverty, increasing healthcare cost and increasing shortage in affordable housing to "continue to receive the necessary attention," he said.
The policy challenges through existing plans and/or development and implementation of new policy plans will come "at a cost." That cost will "have to be managed efficiently and effectively" in view of the "limited fiscal space" in which government will be operating.
His speech focused on "policy challenges and opportunities" awaiting the new government coalition to take office on October 10, rather than government's plans for the new political year.
According to Holiday, initial indications show that an increase in tourism can be seen already in the recent figures Read more
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