The Grenada newsletter

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Title:
The Grenada newsletter
Physical Description:
v. : ill. ; 36 cm.
Language:
English
Publisher:
A. & C. Hughes
Place of Publication:
St. George's, Grenada, West Indies
Publication Date:
Frequency:
twenty no. a year
semimonthly
completely irregular

Subjects

Subjects / Keywords:
Periodicals -- Grenada   ( lcsh )
Politics and government -- Periodicals -- Grenada   ( lcsh )
Economic conditions -- Periodicals -- Grenada   ( lcsh )
Social conditions -- Periodicals -- Grenada   ( lcsh )
Genre:
newspaper   ( marcgt )
newspaper   ( sobekcm )
Spatial Coverage:
Grenada

Notes

Dates or Sequential Designation:
Began in 1973.
General Note:
Description based on surrogate of: Vol. 11, no. 1 (Jan. 22, 1983); title from caption.

Record Information

Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 24157414
lccn - sn 91021217
Classification:
lcc - F2056.A2 G74
System ID:
AA00000053:00271


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NEWSLETTER
FOUNDED .17TH AUGUST, 1973
For the Week Ending 26th February i483
llth Year of Publication - 282nd Issue


Volume 11


Number 3


*=- Z'~q


CO..RD PERSENTS BUDGET PROPOSALS


Minister of Finance Bernard Coard, on February 24th, present-
ed proposals for Grenada's 1983 National Budget, his fig\jes
standing at a record BC$216.9 million.


Of this figure, EC$81 million will be for recurrent expen-
diture and SC$135.9 for capital expenditure, this to be com-
pared with BC$67.6 million recurrent and BC$101.5 million
capital expenditure in 1982.

The proposals were presented at a conference of some 600
delegates from the mass organizations and these,delegates.
divided into over 2 dozen "workshops"t to discuss the pro'-
posals and put forward their own ideas and suggestions.

During the three weeks following the conference, these
proposals will be discussed by Parish and Zonal Councils,
recommendations being submitted to the leadership of the
Peoples Revolutionary Government (PRG) and, on March 17th,
Nr Coard& is scheduled to' present the final Budget.

The Minister of Finance presented his proposals against
his setting out of details of the performance of the Gre-
nada economy last year. Grepada's.economy grew by
5.5% in 1982, he said, and he contrasted this with the
economy of the United States 'which, he said, "grew back
wards" by 1.7%, and with the Canadian economy which he
reported as having fallen by, 5% in 1982.
continued -


I


Produced & Printed by Alister & Cynthia Hughes
P 0 Box 65, St.Georges, Grenada, Westindies


- ----1





Page 2 THE GRENADA NEWSLETTER Week Ending 26.2.83


Japan's economy, he said, had increased by 2.5%, France's by 1.5%,
Italy's by 0.8% and Britain's by 0.5%, but none of these had a growth
rate as high as Grenada's.

"When we take into account the performances of these countries", he
said, "we can say that our achievement of 5.5% growth in 1982 wat
tremendous."

Mr Coard attributed the growth of the economy to "massive injections
of funds into development projects" by the PRG, and he said this had
resulted in more jobs and an increase in living standards.

In a 172 page document distributed to delegates, Mr Coard's proposals
are set out and the plans for 1983 relative to 35 State Enterprises
are itemised. Problems in and criticisms of these State Enter-
prises are also disclosed and delegates to the conference were en-
couraged to put forward their own criticisms and solutions to thea
problems.





GOVERNMENT TO BULK-BUY

Grenada's Peoples Revolutionary Government (PRG) has introduced a
plan under which'a wide range of products will be imported in bulk
to supply Government's Technical & Material Supplies (TMS).

Presenting his budget proposals on February 24th to a conference of
Delegates from the mass organizations, Minister of Finance Bernard
Coard disclosed the TMS plan and said millions of dollars can be
saved by this system.

"7y buying in bulk in large quantities and from the cheapest source
world-wide we shall be able to get all our needs at a lower price
and at a lower cost to our country",'he said.

The Minister said a total of 99 products have been considered in
this plan and these include building materials, petroleum and.petrol-
eum products, agricultural items, food items, office supplies,
packaging materials, some industrial chemicals, vehicle spare parts,
equipment, asphalt products and animal feed.




IMF & WORLD BANK TO MAKE STUDIES

The World Bank and International Monetary Fund (IMF) are expected
To send high level technical teams to Grenada shortly for a number
of feasibility studies.


- continued -




Week Ending 26.2.83 THB GRENADA NEWSLETTER Page 3


The State-owned Radio Free Grenada (RFG) said oh February 19th that
this follows bi-lateral discussions held in Washington the week be-
fore with officials of the World Bank and IMF by a Grenada delegat-
ion led by Minister of Finance Bernard Coard.

Mr Coard told RFG the discussions centered on the possibility of in-
creased financial and technical assistance over the next three years
and the World Bank and IMF missions to Grenada will make proposals
to their respective Boards of Directors following their visit here.




CONTRIBUTIONS TO IMF INCREASED

Grenada was represented by Minister of Finance Bernard Coard at a
joint meeting of the Interim Committee of the Boards of Governors
of the World Bank and International Monetary Fund (IMF) held in
Washington during the week ending February 12th.

Mr Coard told the State-owned Radio Free Grenada that that meeting
decided that all countries will increase their contributions to the
IMF by 47i%. According to Mr Coard, Third World countries had
proposed an increase of 100% and the percentage finally agreed is a
compromise reached between Third World demands and the position of
the United States of America.

The Minister said the increase in contributions will not affect the
financial position of Grenada and other developing countries as
each country will contribute according to the size of its economy.




PRG CONDEMNS U.S. MANOEUVERS

The Peoples Revolutionary Government (PRG) and the ruling New
Jewel Movement (NJM) of Prime Minister Maurice Bishop have con-
demned United States military manoeuvers in "the air space and
territorial waters" of Lybia, and have called on countries of the
United Nations and the Non-Aligned Movement to show solidarity with
Lybia by denouncing U.S. action.

This was disclosed on February 22nd by the State-owned Radio Free
Grenada (RFG) which reported that, in a message sent to Colonial
Mu'Ammar Al-Qadhafi, the PRG said the people of Grenada unhesitat
ingly condemn "the aggressive and provocative manoeuvers which are
blatant violations of Lybia's sovereignty".

"The PRG called on the U.S. and its allies to desist from hostile
actions which, it said, endanger peace, not only in Africa, but
throughout the whole world", RFG reported. "The message said
the manoeuvers are aimed at stopping the forward march of the
continued -




THE GRENADA NEWSLETTER


Lybian revolution, but expressed confidence that Lybia will prevail
against, what it called, the armies of imperialism."

In a statement carried by RFG, NJM said it views with deep concern the
"vulgar spying missions and the disgusting attempts to instigate con-
frbntation between Lybia and some of the countries on its borders.'!

"These actions, engineered by U.S. imperialism", the statement said,
"are undoubtedly provocative and can be seen as another series of
-'esperate, if vain, attempts to turn back the Lybian process."

The statement, referring to the U.S. action as "unbridled arrogance',
said it represents a grave threat to world peace and security, and
;,JM reiterated its "unwavering support and solidarity with the Lybianr
Government and people."





GDR SENDS AGRICULTURAL EQUIPMENT

Five tractors and 25 agricultural ploughs were expected to arrive in
':renada before the end of February from the German Democratic Re-
public (GDR) for the use of the Ministry of Agriculture, the State-
owned Radio Free Grenada (RFG) said on February 18th.

According to RFG, this equipment, valued 'at .-e ~aDq600,000, is to be
paid for under the terms of a line of credit negotiated by Prime
minister Mauruce Bishop when he visited the GDR in June last year.

On his return from the GDR, Mr Bishop announced a US$6 million line
rf credit extended by the GDR. That loan, he said, would carry
3 31% rate of interest and would cover :telephone equipment, ship-
to-shore communications, a small cocoa processing plant, agricultural
equipment and vehicles.

Tn November last, 450 tons of telephone equipment arrived from the
(DR for the Grenada Telephone Company and is now being installed.

RFG said also that the Ministry of Trade has signed an agreement
with a Company in the GDR for the delivery of 75 vehicles valued at
over US$1 million for the use of the Ministries of Agriculture,
Construction and Health, and including four fire trucks.

RFG didn'rot say whether these vehicles are to be paid for under the
line of credit.




NIS FOR APRIL 4TH

Lhe Peoples Revolutionary Government will introduce a National
insurance Scheme (NIS) on 4th April of this year.
continued -


Week Ending 26.2.83


Page. 4




THE GRENADA NEWSLETTER


This scheme was originally intended for introduction on Janixry 1st
1983 but an official pamphlet circulated mid-February said Cabinet
has approved the new date and the pamphlet gives an outline of the
proposed scheme.

According to the pamphlet, the scheme provides six different kinds
of benefit. These are for sickness, invalidity, maternity,
survivors benefit, age benefit and a funeral grant.

Sickness benefit is payable for a maximum of 26 weeks after the
first three days of an illness, while invalidity benefit is payable
to an insured person under the age of 60 who is permanently incapab-
le of work as a result of injury, illness and disease not arising
out of employment.

Maternity benefit is payable to insured working women while they are
on maternity leave, and survivors benefit is payable to the widow or
widower and children of a deceased person if that person received an
invalidity or age pension.

After paying a minimum of 500 weekly contributions, an insured per-
son reaching the age of 60 will receive an age benefit of a pension
of 30% of his average annual insurable earnings. For every 50
weekly contributions in excess of 500, that pension will be increas-
ed by 1% to a maximum of 60%.

Persons who each the age of 60, not having paid 500 weekly con-
tributions but having paid a minimum of 50 contributions, will be
given an "age grant" lump sum payment of five times the insurable
weekly earnings for each 50 contributions.

A funeral grant of BC$300 will be payable on the death of a person
who was eligible for or in receipt of sickness, maternity, inval-
idity or age benefits, who has been insured for not less than 13
weeks and who has paid not less than 8 weekly contributions.

The cost of these benefits will be met by a contribution of 8%
of the employee's salary, paid on a 50/50 basis by the employer and
employee, subject to a maximum employee's salary of BC$1250 per
month.

The scheme will be run by a 7-man Statutory Board appointed by the
Minister of Labour & Social Security. Members will comprise two
persons appointed on the advice of Cabinet, two persons appointed
on recommendation of the trade unions, two persons appointed on
recommendation of the Grenada Employers Federation and a Director
(who will be the Chief Administrative Officer) appointed by the
Board with the approval of the Minister.


Week Ending 26.2.83


'gage -5




Page 6 THE GRENADA NEWSLETTER Week Ending 26.2.83


LOUISON OUTLINES AGRICULTURAL STRATEGY

At the time of the revolution of March 13th 1979, 301 to 40% of
Grenada's import bill was for food but, because of a seven point
strategy of the Peoples Revolutionary Government (PRG), this situation
is now greatly improved.

The State-owned Radio Free Grenada (RFG) said on February 14th that
Ihis statement was made by Minister of Agriculture George Louison at
a then just concluded conference held in the sister island of Carria-
cou and sponsored jointly by the PRG and the Swiss based International
Foundation for Development Alternative.

According to RFG, the Minister outlined the seven points as :-
(1) to develop the State agricultural sector to the point where
it will play the leading role in that sector,
(2) to develop different forms of cooperation in the sector for
greater organisation among the peasants and farmers,
(3) to make agriculture provide the nation with food,
(4) to encourage crop diversification,
(5) to make the Sector major employment creator,
(6) to use agriculture to develop agro-industries and
(7) to modernize the sector by introducing new and more developed
technology.

Mr Louison told the conference that, at the time of the revolution,
agriculture in Grenada had come to a. standstill because farmers had
become demoralized by the practices of the Gairy Government, but
agriculture has now developed into one of the major job creators.

jct Louison said that, of Grenada's 84,500 acres, 35,000 are of arable
-and and a further 10/000 of hillside country could be worked by
.sing better scientific techniques. In 1979, he said, agricultural
output had been decreasing steadily and, although agriculture was the
::ain economic activity, the import bill for food was very high.

,FG said Mr Louison emphasized the urgency for the island to become
self-sustaining in food, and said every effort is being made "to
make the motor of the economy truly, the motor of the economy".





CARD: FOOD IMPORT BILL DOWN

Minister of Finance Bernard Coard has disclosed that Grenada's
bfod import bill has been reducing annually since the revolution
.f March 13th 1979.

"ne State-owned Radio Free Grenada said cn February 14th that
.r board made this statement on a radio/TV programme, "Perspective 83",
which he faced questions frLm reporters.
--continued -


t _




THE GRENADA NEWSLETTER
,jMaz., a.--


"If you take into account inflation", Mr Coard said, "then, over the
last four years, there has been a fall in the real value of our im-
port bill for every one of the last four years."

Mr Coard said the greatest fall in the import bill was in 1982 and
this had been mirrored by an expansion in domestic production and
in domestic agricultural production.

"The marketing and National Importing Board actually doubled the.
amount of fresh food it sold to our housewives, bought from our
local farmers", he said. "In other words, something like moving
from 600 Isic) pounds, in terms of weight of produce, was purchased
from our farmers and sold to the housewives in 1981 Ard, in 1932, it
was well in excess of one million pounds".

Mr Coard said that, even while sales in Grenada had doubled, exports
of the same food, fruit and vegetables to Caribbean Community
countries and to Britain had increased by over 220%.

,. -.. -.. Iasr <



AIRLINE EMPLOYEES TAKE INDUSTRIAL ACTION

Passenger and baggage handling for .Island Air Services (IAS) flights
leaving Pearls airport between February 16th and 24th was done by
LIAT management staff because of the refusal of LIAT clerical staff
and attendants to serve IAS (a subsidiary of LIAT) which no longer
employs any staff in Grenada.

This was disclosed to NEWSLETTER by Mr William Otway, LIAT Manager
in Grenada, who said the attendants and clerical staff are members
of the Technical & Allied Workers Union (TAWU) and they were in-
structed by union officials not to handle IAS ticketing or baggage.

"There is an industrial dispute between IAS and TAWU", Mr Otway
said, "but there is no dispute between LIAT and TAWU and I believe
the Union's action is a breach of the contract LIAT has with TAWU."

Mr Otway said the Board of Directors of IAS decided, "for economic
and other reasons" to release their Grenada employees and appoint
LIAT their agent here. Letters of termination of employment
were written at the Antigua Head Office on January 27th and sent to
the three clerks and one attendant IAS employed, the intention being
that their services would end on January 31st.

According yo Mr Otway, there was some delay in getting the letters
to Grenada and the termination date was, therefore, moved to 15th
February, the laid off employees each getting a month's salary in
lieu of notice and one month's salary for each year of service,
both these payments being in accordance with the Industrial Agree-
ment between IAS and TAWU.
continued -


Week Ending 26.2.83


Page 7




Page 8 THE GRENADA NEWSLETTER Week Ending 26.2.83


"TAWU claims that the Union is entitled to a month's notice in cases of
retrenchment", Mr Otway said, "but that is a claim which must be made
on IAS, not LIAT."

The LIAT Manager said he had been in touch- with Mr Lyden Ramdhanny
Minister in the Peoples Revolutionary Government responsible for
Civil Aviation and a member of the LIAT Board of Directors, and
M. Ramdhanny told him that he had sent a communique to Antigua to
the Chairman of the IAS Board of Directors.

Answering a query as to how the change over from IAS to LIAT handling
at Grenada will affect the travelling public, Mr Otway said he is
certain there are benefits for passengers.

k'The LIAT staff is better trained", he said, "and their public
relations are superior."

The industrial action was called off on February 24th and certain
Proposals relative to the claims of the former employees of IAS
have been sent to the IAS Head Office in Antigua for consideration.





UNESCO MEETING FOR GRENADA

regionall Governments are to be represented here at a meeting of the
United Nations Educational Scientific & Cultural Organisation (UNESCO)
-heduled for April 13th and 14th.

The State-owned Radio Free Grenada (RFG) said on February 19th that
.iis meeting is the result of a joint proposal submitted by Ministers
c' Education, Presidents of National Commissions and Heads of Dele-
o'tions to the UNESCO Director General during the 4th Extraordinary
Session of the General Conference held in Paris last year.

.*rpose of the meeting, at which representation will be at Ministerial
level, will be to plan for the increased participation by Caribbean
member States in UNESCO's new medium term, 1984/1989, plan beginning
with the 1984/85 proposed budget.

Prior to the meeting, there will be a meeting on April llth and 12th
of Secretary Generals of UNESCO National Commissions.

UNESCO Representative to the Caribbean is Guyanese-born Mr Hugh
Cholmondeley who is stationed in Jamaica.

*^H-Wtebk _f. FW~kf




THE GRENADA NEWSLETTER


COCOA ASSOCIATION HAS "DIFFICULT & TRYING" YEAR

The State-owned Radio Free Grenada (RFG) reported on February 19th
that Chairman of the Grenada Cocoa Association, Mr Lyden iamdhanny,
said on February 18th that, in the trading year October 1981 to
September 1982, the Association experienced a "difficult and trying*
time because of a drop in production and a decrease in world prices.

This decrease, he said, was due to the drop in the value of the
British pound, the main currency used for cocoa trading.

With reference to production, he contrasted deliveries of 5,564,416
pounds delivered by farmers to the Association in the previous year
with 5,204,432 pounds delivered in the trading year ended September
1982, a drop of over 6%, and said this fall reflected farmers' dis-
appointment with world prices.

He said, however, if farmers had put full effort into production,
they would have saved themselves a considerable sum.

"If, in 1982, we had maintained the same level of production we had
in 1981", Mr Ramdhanny said, "then the loss of earnings to farmers
would have been only BC$435,134. Because there was a decrease in
production, the farmers lost over EC$1 million."

Mr Ramdhanny advised farmers to keep their production high in order
to save money in the face of falling world prices.




COCOA PRICE UP

The price of Grenada's cocoa on the world market moved up by 30%
with effect from last December, according to a release issued by
the Government Information Service (GIS1 on February 22nd.

There has been an increase from an average per ton of 1,000 to
1,300 sterling but this will not be reflected in higher prices
paid to farmers locally, the Secretary of the Cocoa Association,
Mr Norbert Arnold, told GIS.

"The increase will go into the Association's reserve fund to off-
set debts", Mr Arnold said, "and to assist in paying farmers a
reasonable price in case the world price falls again."

GIS said figures from the Association show that, from October last,
some 4.9 million pounds of cocoa were exported, resulting in an
income of EC$13.4 million, an average price of EC$2.68 per pound.


.;-* I--^ r


Week Ending 26.2.83


Page 9





Page 10 THE GRENADA NEWSLETTER Week Bnding 26.2.83


BANANA PRODUCTION DOWN IN 1982

A report issued by the Grenada Banana Cooperative Society (GBCS)
there .was a decline in banana production last year which resulted from
a sustained drop in growers' prices, growing imput costs and a pro-
gressive erosion of growers' confidence in the crop as a reliable
source of income.

this is reported in a release from the Government Information Service
(GIS), but the release says also that GBCS expects higher production
in 1983 due to the construction and repair of farm roads, expansion
of banana acreage and a marked improvement in the timing and dis-
tribution of fertilizer to growers.

The GBCS report said the average price received during 1982 was.
SC 40.5 per pound which, after deductions for operating costs and
other charges, resulted in an average price to growers of BC 14 per
pound.

This figure the Society contrasted with the 1981 average price of
EC-54.7 per pound of which the grower received EC17 per pound.

>.,e Society listed lack of transport and farm labbur, and increased
costs of herbicides as factors afflicting the Banana Industry in 1982,
and said exports showed a drop that year to 9,835.8 tons from the 1981
figure of 11,201 tons, a fall of 12%.





CHAMBER GETS GRANT FOR PUBLICATION

:e Canadian International Development Agency (CIDA) has given the
Grenada Chamber of Industry & Commerce a grant of EC$17,000 as support
i.or publication of the Chamber's monthly newsletter.

'his money, which is routed through the Toronto based private sector
organisation, the Canadian Association for Latin America & the Carib-
bean (CALA) and the Caribbean Association of Industry & Commerce
(CAIC), is to be made available in four quarterly equal installments
and the first payment was made on February 24th at a function hosted
by the Chamber.

Handing over the cheque to Chamber President Richard Menezes was CAIC
,assistant Programme Manager Granville Farley who told the gathering
this grant is part of a sum of C$250,000 agreed by CALA and CAIC at a
n:ceting in Montr-eal last September as the first phase of a programme
of CALA/CAIC cooperation.

'The first phase relates to national Chambker support", Mr Farley said,
and the second phase, which I understand'has been approved recently
i / CIDA, relates to an investment promotion project."
continued -





THE GRENADA NEWSLETTER


Mr Farley said the main object of the investment promotion project is

to cultivate an atmosphere in the Caribbean which will attract Can-
adian entrepreneurs, and he expected that the programme will be in
operation within 2 or 3 months.

Mr Geoffrey Thompson, a member of the Chamber's Managemen, Committee,
disclosed that the Chamber has applied to CALA for funding for es-
tablishment of a Multi-Media Training Centre which will be avail-
able to members of the Chamber and the Commercial Community for
staff training.

The sum required for the Centre is some EC$40,000 and the Centre
should be in operation by mid-year.




AIR TRAFFIC CONTROLLERS IN TRAINING
'F--- :- I
Eight Grenadians are now in the United Kingdom for a 6-month train-
ing course for air traffic controllers.

The eight, who left Grenada on February 15th, will be employed at
the international airport now being constructed at Point Saline,
according to a Government Information Service release. .

On completion of that course, 3 of the 8 will receive 3 months
further training in management and air transport.





SURINAM CONCERNED OVER BISHOP

The Government of Surinam has expressed concern over reports that
Prime Minister Maurice Bishop is not enjoying good health, but the
Ministry of Foreign Affairs has assured that Government that Mr
Bishop is well and continues to lead the Peoples Revolutionaxy
Government (PRG).

The State-owned Radio Free Grenada (RFG) said on February 18th that
the message was sent to Surinam on February 17th, and the message
pointed out that it is "not the policy of the PRG to respond to
every rumour since it is widely known that rumour-mongering is part
of imperialism's full-time strategies and one of the tactics of
propaganda destabilisation."




PRG: REPORT THE RUMOUR SPREADERS

Delegates to a Conference on the Economy held on February 24th were
asked to report anyone they hear "actively and maliciously" spread-
continued -


Week Ending 26.2.83


Page 11




*-- .A Lnr n? fl.


Page 12 THE GRENADA NEWSLETTER week Enaing zo.2-.8


ing rumours about the Peoples Revolutionary Government (PRG).

The call came from Minister of Mobilisation Selwyn Strachan who said
that Mr Hudson Austin, General of the Armed Forces, had been given
an assignment on the day before to analyse certain information
gathered by the Security Forces, and General Austin has ascertained
the names of persons who are guilty of spreading rumours.

Ar Strachan invited the General to address the Conference and
Mr Austin said the Security Forces had made a thorough investigation.

"Over the last few hours", he said, "we have been able to come up
with the names of the nine local CIA agents who have been spreading
these rumours",

General Austin did not disclose the names of these persons but he
invited the delegates to the Conference to study the matter and
a4lise the Government what action should be taken against these
persons. Mr Austin gave two telephone numbers which, he said,
should be called in order to report anyone spreading rumours.

"After you report and you tell us what to do", he said, "we will
handle them quickly."

Over the past few weeks, there have been several derogatory
reports involving the Peoples Revolutionary Government.





CARD HIGHLIGHTS NEED FOR EDUCATION

Certain problems related to a lack of technical skills crop up over
and over again in enterprises managed by the Peoples Revolutionary
Government.

Minister of Finance Bernard Coard told this to some 600 delegates from
the island's mass organizations who were called to a "Conference on the
Economy" on February 24th to discuss Mr Coard's budget proposals for
1983.

The PRG has labelled 1983 "The Year of Political & Academic Education",
and this has relevance because Mr Coard warned the conference that, if
the situation in the State Enterprises is to be corrected, workers
must acquire technical skills and, before they can do this, they must
reach a certain level of education.

"You cant take the training unless you can read and understand what is
in the textbooks", he said.

Minister Coard said also that workers' productivity is low and, if this
is: to be corrected, their "political consciousness" must be raised.
-continued -


.._._ __;____ ~L_~_




THE GRENADA NEWSLETTER


Week Ending 26.2.83


"Conscious workers", he said, "will have correct attitudes to work,
punctuality, discipline, training, care of equipment,'proper use of
supplies, proper use of time and other factors which increase worker
productivity".

Illustrating the problems which must be faced, Mr Coard's present-
ation to the conference included a report on the operation of
Grenada's State Enterprises with details of their performance.
Listing 32 of these enterprises in the "productive sphere", the Min-
ister's report sets out each enterprise's 1982 production objectives
the actual production achieved and the profit or loss which was made.,


STATE ENTERPRISES' PERFORMANCE
1982


1982
Target
EC$ .000
Grenada Farms Corporation. 2,826.0
Grenada Sugar Factory 3,370.0
Livestock Production &
& Generic Centre 353.0
Forestry Development Corp. 304.0
Grenada Agro-Industries Ltd 2,417.2
Coffee Processing Plant 127.3
Spice Processing Plant 269.5
Grencraft Handicrafts 590.0
Grenada Electricity Co 4,915.0
Grenada Telephone Co 3,091.0
"Free West Indian"' 247.7
Central Water Commission 2,500.0
National Fisheries Co 947.9
National Transport Service 720.0
National Housing Authority 1,750.0
Ministry of Construction 6,412.0
Port Authority 1,229.8
Post Office 2,823.0
Grenada Resorts Ltd 2,154.6
Marketing & National
Importing Board 18,931.0
"Crucial Factor" Restaurant 228.1
Cocoa Project Management
Board. 87.0
International Airport 20,000.0
Ministry of Agriculture 2,088.0
Mirabeau Farm School n/g
Government Erinting &
Stationery Dept. n/g
Telescope Quarry n/g
Asphalt Plant n/g
Concrete & Gravel Production
Unit n/g
Botanical Gardens & Zoo n/g
Machine Shop n/g
Grenada Dairies Ltd n/g


1982
Production
BC$ .000
851.5.
2,888.8

181.1
92.5
804.9
150.0
78.5
326.3
4,807.0
3,174.0
395.3
2,931.7
175.2
978.0
200.0
7,172.2
1,144.0
2,083.0
1,487.6

12,200.0
225.3

35.0
25,539.2
3,777.8
37.1


% ~


Profit /
(Loss)
% bC$ .000
30 (1,505.8)
86 ( 57,7)


51
30
33
118
29
55
98
103
160
117
18
136
11
112
03
14
69

64
99

40
128
102


336.4
104.2
165.0

237.3
75.0
48.0
21.5


.( 35.6)
( 59.0)
n av
3.1
15.8
32.0
283.3
,700.0
n/av
300.0
( 185.9)
( 151.0)
n/ap
n/ap
633.0
n/ap
( 230.0)

500.0
5.8

n/ap
n/ap
n/ap
n/ap

n/g
( 5.0)
n/av

10.0
n/g
24.0
10.0


n/ap = not applicable
n/av = not available
n/g = not given
Note that production figures for 1982 are estimated.


- continued -


Page 13





THE GRENADA NEWSLETTER


Fifty percent of these enterprises did not achieve their targets, he
reported. Some, like the Grenada Electricity Company and the
"Crucial Factor" restaurant, missed the mark by only a small margin
(2% and 1% respectively) while others registered shortfalls from 7%
(the Port Authority) and 14% (Grenada Sugar Factory) to 82% (National
Fisheries Co.) and 89% (National Housing Authority).

The 1982 production targets of eight other enterprises are not given
and a further eight other enterprises exceeded the targets they had
set themselves. With the exception of the Ministry of Agricultyre
(180,), "The Free West Indian" newspaper topped the list in this last
group with a production of 160% in 1982 over 1981, and the international.
"1 airport construction was next with -28%.

Concerning profit and loss, Mr Coard has not given figures relative to
all the 32 enterprises listed. With nine enterprises (like
the National Housing Authority and Ministry of Construction), the
terms "profit" and "loss" are not applicable, and profit and loss
figures for three other enterprises are not available. These are
Grenada Agro-Industries Ltd, "The Free West Indian" and the Asphalt
Plant. ., .

Of the remaining 20 enterprises, 12 are responsible for a total profit
of BC$2.5 million, the Grenada Telephone Company being at the head of
this group with a profit' of BC$700,000, a return of 22% on gross earn-
ings of EC$3.1 million.

.i the "loss" side, eight enterprises show a total loss of EC$2.2
million. Of these, Grenada Farms Corporation shows the biggest
drain, a loss of EC$1.5 million or 176% on a production of EC$851,500.

This last enterprise mentioned, Grenada Farms Corporation (GPC), best
illustrates Mr Coard's point concerning the need for education and
skill training. And, agriculture being the mainstay of Grenada's
economy, a closer look at the performance of GFC will indicate some
of the problems facing the island.

This Corporation manages 23 Government owned farms comprising 3,967
acres involving cultivation of a variety of crops. The target for
1982 was a production of BC$2.8 million but all that was achieved was
EC$851,500, a figure which is only 30% of the target.

Minister Coard reports that this poor showing results from the fact
that GFC has no proper system of record keeping and accounting, and
the Corporation's organisation and mranagnement are very poor. Illus-..
trating this, he said the officials of GFC had been unable to give
;he information needed to make plans for 1983. Personnel of the
ministry y of Planning had had to go on to the farms and help to take
on inventory of the fields.
continued -


Week Ending 26.2.83




THE GRENADA NEWSLETTER


"If you don't know how many trees you have, if you don't know where you
are", the Minister said, "you cannot, say where you are going"

Steps will have to be taken to correct this situation if GFC's 1983
production target for 1983, EC$1.8 million, is to be achieved. There
will have to be a drive to provide education and training at all
levels, for, not only is GFC lacking in the areas of management,
there is also a need with reference to workers: n the field.

According to Mr Coard, the average age of the agricultural worker in
Grenada is 51, he has a low educational level, his technology is
primative and his productivity is low, being on an average 2 br 3
times less than what he is paid.

"That is to say", the Minister explained, "that a worker is paid
EC$8.50:per day but he/she is producing less than EC$3.00 or BC$4.00
a day in agricultural produce."

Mr Coard proposed a number of solutions for improving the performance
of GFC and the Agricultural Industry generally. These include
introduction of new methods of cultivation, mechanisation, production
of non-traditional crops which will fetch high prices on the export
market, and production of crops for processing by Grenada Agro-
Industries Ltd.

But, these proposals were all made against the background of the
Minister's plea for Grenadians to place emphasis on the lifting of
educational standards and the acquiring of technical skills through
the Worker Education Classes and the Centre for Popular Education.

"Nineteen-eighty-three has been designated in Grebada 'The Year of
Political & Academic Education", Mr Coard said. "Let each one of
us become a part of the struggle to raise the educational levels and
the consciousness of our people."




NEW ANAA PEST

A new pest has attacked the Banana Industry in the Windward Islands.
It is a banana peel-scarring beetle which has been identified by the
United Kingdom Commonwealth Institute of Entomology as the "Lachnor
pus" species.

The Windward Islands Banana Association (WINBAN) reports that this
beetle has never been recorded before as a pest of bananas and a
survey has shown that it appears in only two areas in Dominica.

Lachnopus is 10-12 mm long, 4 mm wide and is brown with grey scales
distributed unevenly along the body. It is said to feed on young
fruit from about one week after they appear, causing scars on the
peel which make the fruit unsaleable.
^~ ~ fir^^


Week Endigq 26.2.83


Page 15





THE GRHNADA NEWSLETTER


EAST CARIBBEAN CURRENCY AUTHORITY
Statement of Assets & Liabilitiee
As at 31st December 1982


Liabilities


Demand Liabilities
Notes in circulation
Coin in circulation
Bankers balances
Unpresented cheques
International Organisations


EC$129,667,358
10,467,284
17,768,556
26,252
1,447,373


Bankers deposits
General Reserve
Special Reserve
Other liabilities


BC$159,376,823

11,337,479
14,716,168
1,546,560
19,702.258

EC$206,679,288


Assets


External Assets
Fixed deposits & money
at call
Securities
Regional currencies
Bankers balances
Internal Assets

Participating Governments'
securities including
Treasury Bills.
Other assets


EC$ 15,854,279
101,443,215
3,164,732
13,299,550


EC$133,761,776
-


53,234,991
S19,682,521

.C $206 ,679,288


Hughes Cynthia Hughes
26th February 1983


Printed & Published by the Proprietors
Alister & Cynthi2 hrghea, JvurnAlists
of Scott Street, St Georges, Grenada, Westlli las


Week EndSing 26.2.83


Y%*u
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Full Text