Saint Lucia: St Lucia Labour Party on Sunday released their manifesto for July 26 general elections.
The party, currently the leading opposition of St Lucia, made several promises and steps which they would take once they form their government in Saint Lucia this year.
As per the ground reports, it is expected that this year SLP might succeed in forming the government under a new face. Philip J Pierre led SLP party members are confident about their win and have a firm belief in the people that they would wisely choose their leader this time.
Following are the main priority areas that are involved in the SLP manifesto –
To provide income tax relief to low and middle-income households (which means that citizens who are earning $4,000 a month and less would not pay income tax) in order to stabilize the economy & relocate the growth of the island.
Tax collection would be made more dynamic, and tax exclusions and allowances would also be reviewed and simplified.
To suspend property tax on residential property, which would be balanced by an affordable tax on property insurance incentives which is more transparent, fair & more collectable.
To remove the extra $1.50 Excise Tax on fuel for the Fishermen in order to rectify the injustice they experienced when their very livelihood was heartlessly condemned.
To return current VAT legislation so that to ease the tax burden on the Manufacturing Sector. SLP would specifically support investments associated with business recovery, retooling, product development & market diversification.
SLP would assist the financial re-engineering of the companies, which would help in their growth. For this, the party would suspend the stamp duties & related transaction fees on specific intra-group &inter-company transactions between parent and subsidiary companies with the same ownership.
SLP promised to provide $25 million in guarantees to assist working capital loans to small and medium-sized enterprises, which would help with wages, debt, business recovery and expansion.
SLP also promised to provide Export Grants to help small and medium enterprises, cooperatives and registered business clusters to meet export standards and similar international trade requirements.
Despite this, the party has also promised to develop various other sectors, such as – education, health, sports etc.
SLP, in its manifesto, has cited, “We would not just promise, but explain how we intend to deliver, and most importantly, we want you to know that you can hold us accountable for the promises we make when we say that we are putting you first.”
Citizens from the different regions of the Caribbean island are already showing their faith in the St Lucia Labour Party.