FOU/AED / h t7 /R&UST .1 /973
For The Week Ending.February 13th 1982-
10th Year -of- Publication *;- ---,. -264th Issue
Volume 10 Number 2
GRENADA'S 1981 RECURRENT BUDGET IN DEFICIT /
Minister of Finance Bernard Coard disclosed on January 29th
hat Grenada's recurrent Budget for 1981 is in deficit.
peaking for over two hours at the Grand Anse Conference Centre
o some 700 delegates from the mass organizations, .Mr Coard
aid the Peoples Revolutionary Government (PRG) plan had been
o collect EC$70 million in recurrent revenue last year arid
pend the same amount in recurrent :expenditure, but the revenue
actually collected was 'less than-what was originally projected.
'Because of the recession caused by economic crisis in the most
industrialised capitalist countries",..he said, "the prices of
Ill our main agricultural exports cocoa, nutmegs, bananas -
were depressed on world markets ...,"
Mr Coard was addressing a "Conference of the Economy" called by
the PRG in pursuit of what it calls "Peoples Democracy".; Dele-
gates to this Conference were drawn from the National Youth
Organisation, the National Women's Organisation, Trade Unions,
the Army and the Militia and the Private Sector.
Following Mr Coard's address, the conference broke up into over
20 workshops to discuss the economy and make proposals for the
1982 Budget and Plan. Papers produced by the workshops were
taken back to the organizations represented and to the Parish
and Zonal Councils from which recommendations will be made to
Following consideration of these, the 1982 Budget and Plan will
be drawn up and presented.to:Grenadians on March 9th.
Produced & Frinted by Allster & tynthia Hhghe
P 0P Ba -65, St.Gcorgcs, e 4Wtindies
Page 2 THE GRENADA NEWSLETTER Week Ending 13.2.82
GRENADA HAS 2% ECONOMIC GROWTH
Grenada's economy had an overall growth of 2% in 1981. This was
disclosed on January 29th by Minister of Finance Bernard Coard to a
"Conference on the Ec nomy" called by the Peoples Revolutionary
Government (PRG) as a move to involve the people in shaping the 1982
Budget and Plan.
-:r Coard said that Agriculture, Fisheries and Forestry had gone up by
5% and Construction by 14.5%, but there had been declines of 2.2% and
20% respectively in the Wholesale & Retail Trade and in the Hotel &
Between 1980 and 1981, the Minister said, Agriculture, which makes
the largest contribution to the island's economy, increased its
contribution to the Gross Domestic Product from 24.3% to 29%, and more
Cocoa, Nutmegs and Bananas were produced during 1981 than in 1980.
"This increased production", he said, "together with sales from 1980
stocks, resulted in larger foreign exchange earnings despite declines
in prices of these export crops."
Referring to the Agro-Industrial Plant, Mr Coacd said that, in 1981,
EC$30,800 had been paid:to farmers for a range of products including
mangoes, tamerind and soursop.and, at 30th September, sales of nectars
and condiments had totalled EC$286,400.
But, some problems have led to high Overhead costs at the Plant and
these include the unreliability of the supply of packaging materials,
electricity blackouts and insufficient storage space.
In the Fishing Industry, 108,000 Ibs of fish and 300 Ibs of lobster
were landed in 1981 and were sold for EC$164,000 but, here too,,there
have been problems. These include a shortage of equipment and ice,
inefficient ship-to-shore radio and difficulties with the engines of
the 7 fishing trawlers, 6 of which were gifts from the Cuban Govern-
The aim in 1982 is to catch half a million pounds of fish and 40,000
pounds of lobster which will produce earnings of some BC$1i million,
Mr Coard said.
CARD REPORTS ON FOREIGN TRADE
Total exports from Grenada in 1981 were SC$51.1 million while imports
reached the figure of EC$159.9 million. These figures were given
in a "Report on the National Economy for 1981 and the Prospects for
1982" given by Minis Lf Finance Bernard Coard on January 29th at
a "Conference on the F1 my".
THE GRENADA NEWSLETTER
Cocoa was the major item exported at EC$20 million with Bananas and
Nutmegs second and third with EC$11.3 and EC$8.4 million respect-
ively. Of the non-traditional exports, clothing is making a
good contribution with exports increased from BC$2.2 million in 1980
to EC$5.4 million in 1981.
Food, Beverages and Tobacco continue to be the island's major im-
ports, the figure for these commodities standing at EC$57.5 million
in 1981 as compared with EC$45.1 million in 1980. Capital goods
increased in imports in 1981 to EC$25.9 million from IC$S0.3 million
in 1980, and petroleum and petroleum products rose from EC$22.7
million to EC$25.1 million.
The total import figure of EC$159.9 million in 1981 includes EC$13.8
million for imports related to the International Airport Project,
and the 1980 figure of EC$151.1 million contains EC$5.1 million for
this Project. If the Airport figures are discounted, imports
for 1981 are slightly less than in 1980..
FURNITURE & CLOTHING SHOW UPWARD EXPORT TREND /
Government's Central Statistical Office (CSO) disclosed on January
27th that Grenada's exports of Furniture and Clothing continue their
strong upward trend and total Domestic Exports were up 12% in the
January to October 1981 period as compared with'.the same period in
Concerning the traditional agricult dal exports, Cocoa was up 5.4%
but Nutmegs and Bananas were down 9.9, and 2.4 respectively.
The CSO noted that, at 5.7%, imports? during the period showed
slightl- less of a rise than in the relative period in the preceed-
On the basis of figures supplied by three large department stores in
St Georges, the index of Retail Salei, from a base of 100 in January
1980, rose from 87.5 in September to 96.4 in October. This indeg
stood at 98.1 in September 1980.
Over the period reviewed, the annual rate of rise of the Retail
Price Index was 13.6%, and Government'sl revenue over the period was
1.3% less than in the same period in 1980.
MORE KEY ECONOMIC INDICATORS
Central Statistical Office statistics covering "Key Economic Indi-
cators" show that, in the January to Novemb< 981 period, Govern-
ment revenue was .5% more than in the same'period in 1980. This
Week Ending 13.2.82
THE GRENAIA NEWS LETTER
is an improvement on the January to October 1981 figures which showed
Government revenue down by 1.3%.
During the period under review, Domestic Exports rose to 0C$47.5
million, an increase of 14.1% over the same period in 1980. Cocoa
was up by 4.8% and Bananas by 2.1%, but Nutmegs were depressed at
his address on January 29th to a Conference of the mass organ-
isations called to discuss the economy, Minister of Pinance Bernard
Coard said total exports in 1981 totalled EC$51.1 million. This
is 14.5~0 more than the 1980 figure of EC$44.6 million but less than
the EC$55i8 million exported in 1979.
To November 1981, Visitor'& Cruise Ship arrivals were down by 14.4%
-.nd 47.3%9 respectively.. The Retail Price Index stood at 167,2 from a
base of 100 established in January 1979, and the Index Value of Retail
Sales was half a point above the 100.base set in January 1980 but
6.4 points below the figure of 107.4,'in November 1980.
CARD TALKS WITH PRIVATE SECTOR
Chamber of Commerce President Mr David Minors told NEWSLETTER on
February 3rd that, on the day before, Minister of Finance Bernard
Coard held a meeting with the Chamber, the Hotel Association and
the Employers Federation.
!Mr Minors said the meeting agreed there would be a series of
meetings of 'Mr Coard with the Private Sector to discuss matters
c.c vital importance. These include questions of development of
1i urism, Light Industry and Agriculture.
Mlr Coard asked the Private Sector to submit advance memoranda and
documentation relative to matters to be discussed and, at the
meeting on February 2nd, indication was given of some of these
With reference to expanding Private Sector investment, it was
proposed to Mr Coard that Government should waive Income Tax on
a fixed percentage of the profits of any business placing that
percentage in a sinking fund for a stated number of years for the
purpose of accumulating investment capital..
In the mean time, Mr Coard suggested the Private Sector should
contact Government's Grenada Development Bank which, he said,
has been unable to find suitable projects for the money it holds.
O, .er matters listed fo future discussion are the proposed
s ope of the National trating & Importing Board, the proposal
S- at Government should subsidise local food production rather
Week- EhiAf3 .2.82
THE GRENADA NEWSLETTER
than imported'rice and sugar, tax rebates to encourage Private.
Sector employment, price controls, price mark-ups, duty-free shop.
ing and the role of the Private Sector in the operation of the
Mr Coard asked the Chamber to consider, as foreign exchange saving
devices, bulk importation of commodities and the import limitation
of the number of mbtor vehicle models.
Mr Minors said Mr Coard told the meeting the economy is'performing
creditably but it will be some time before the impact of the large
sums being poured into'the infrastructure will be felt. In 1982,
he said, great financial care must be exercised with "efforts to save
waste in all Ministries. "
The Chamber's President complimented the Peoples Revolutionary
Government on its efforts to involve Grenadians in the country's
affairs and said the meeting with Mr Coard indicates that the
Private Sector will be taken into the development planning process
of Trade and Industry.
Mr Minors said there had been efforts last year to have regular
meetings with Government but these had been difficult to arrange and
he looked forward to the present initiative bearing more fruit.
MARCH 9TH IS "BUDGET PLAN DAY"
March 9th has been designated "Budget Plan Day" when the National
'Plan and National Budget will be presented to Grenadians.
This was disclosed by Minister of Finance Bernard Coard at a press
confererne on January 26th, and Mr Coard said over 50,000 Grenadians
will be involved in shaping the budget and plan.
The Minister said that, at the "Conference on the Economy", then
scheduled for January 29th, delegates from the mass organizations
would take back proposals to be considered by the Parish Councils,
Zonal Councils and other forums.
Describing the Private Sector as "critical to the Grenadian
economy", Mr Coard said the views of the Chamber of Commerce,
Employers Federation and the Hotel Association will also be sought
and there are plans for meetings with these organizations.
According to the Minister, the Peoples Revolutuonary Government
will also seek the views of persons not represented by the mass
organizations and the Private Sector, and these include "middle
aged small shopkeepers." A meeting of these persons will be
held at the Conference Centre at Grard Anse-ind Mr Coard said it is
Week Ending 13.2.82
:e 6 THE GRENADA NEWS LTTER Week Ending 13.2.82
expected they will play an important role in shaping the Budget and
NEW PROPERTY TAX LAW
More than half of Grenada's property owners are to be exempted from
paying tax under the new Taxes Management (Amendment) Law, Peoples
Law 4/1982, passed on January 26th.
This was disclosed on February 5th by Ms. Hyacinth McBarnette,
Valuation Officer in the Valuation Division of the Ministry of
"At least 50% of the property owners will not have to pay a cent tax",
Previously, property tax was payable on the assessed rental value
but, late last year, assessors viewed property throughout the island
and the new law is based on this survey.
Tax is now to be paid on the market value of the property, which
value is described in the law as "the price which the property might
reasonably be expected tp realise if sold in the open market by a
But, there have been many complaints that property has been over-
valued and Ms. McBarnete admitted there may be good grounds for
these complaints. Her Department, she said, has had organisational
problems arising out of the property survey because most of the people
doing the survey were untrained persons drawn from the ranks of the
The Taxes Management (Amendment) Law authorises the responsible
Minister to fix rates "from time to time". This has not yet been
done but Ms. McBarnete gave an indication of what they are likely to
Rates, she said, will be on a sliding scale and properties valued
EC$15,000 which she estimated to be over 50% of all properties in
the island will be exempt from tax. Some 60% of the remainder
will pay .5% she said, and "only a few commercial properties will
be paying up to 1% in taxes."
PRG BUYS OUT CONTINENTAL FOR EC$1
1. Ivor O'Brien, Manager of Grenada Telephones Co Ltd (GTL), told
NWSLETTER on January 2~6h that the Comp:ny w*1 qet rid of its
e sent debts by 1988. continued-
THE GRENADA NEWSLETTER
Mr O'Brien was referring to a debt of EC$2.3 million owed by GTC to
Continental Telephone Corporation of America,. 50/50 partners in GTC
with the Government of Grenada until January. 19th: when Continental
sold its shares in GTC to the Government of Grenada for EC$1.
Continental and the Grenada Government founded GTC in 1969 as a
joint venture but, in recent years, the Company has been shouldering
a heavy debt load. An investigating Tribunal disclosed.in 1978
that, a year before, GTC owed over EC$4Imillion.
The armed take-over in 1979 by the New Jewel Movement put an end to
plans for Continental and the then Government to install a EC$10
million Digital Multiplex5 System and, instead, plans were announced
recently for GTC to install a EC$13 million "cross-bar"' system with
the help of a line of credit from th, German Democratic Republic.
Mr O'Brien disclosed that the initiative for the sale of
Continental's shares to the Government for a token sum had come
from Continental and that the. move had been taken in Continental's
"They (Continental) realized that our present plant is aged", the
Manager said, "and if the Company is to be,in., position to pay the
money it owes Continental, the Peoples Revolutionary Government
(PRG) will have to make a substantial.investment in GTC".
Under the Agreement signed with Continental for the' ale of :its'
shares for EC$1, the PRG assumes responsibility for the debt and
will continue the half-yearly payments of US$60,000 which the
Company has been making. :The debt to Continental is in two partsN
one of which bears interest at 91% and the other at 111%.
Mr Obrien said he hoped the buildings to accommodate the new
exchanges will be completed by September and he expected the new
equipment to arrive early in 1983.
NFU AND AGWU SETTLE DIFFERENCES
Mr George Barker-Hahlo, Acting President of the National Farmers
Union (NFU) and a negotiating team from Nf~ met on February 4th
with the Agricultural & General Workers Union (AGWU) to thresh out
the last item on a 29 point Industrial Agreement which has been
under negotiation since last March.
Before the meeting, Mr Barker-Hahlo told NEWSLETTER that this item
;was "profit-sharing" and he claimed that his union represents most
of the non-Government-owned estates and farms on the island and
was willing to discuss this item. He felt, however that this
discussion was futile in.the face. of the present economic
situation. continued -
Week Ending 13.2.82
Prge 8 THE GRENADA NEWSLETTER Week Ending 13.2.82
"The Government owned estates havealready agreed to profit sharing
with the workers", he said, "but most of those estates were acquired
and not paid for by the deposed Gairy Government and so have little
or nothing of the capital investment with interest payments which are
causing losses to private estates now."
The Acting President said, although the Industrial Agreement has not
..t been signed, its terms are being implemented and wages have been
increased from EC$5.80 and EC$6.80 per day respectively for women and
men to EC$7.50 and EC$8.50.
Wage Bill Up
These rates became effective on January 1st 1981 and Mr Barker-Hahlo
said, together with holiday pay, sick leave, maternity leave and other
fringe benefits, the increases had advanced the wage bill of NFU
members by some 333%.
A broadcast over Radio Free Grenada on February 4th quoted AGWU
President Mr Fitzroy Bain as saying a strike had been planned for
that day but was called off "after the estate owners decided to meet
Mr Barker-Hahlo told NEWSLETTER NFU had not been served with strike
notice and he deplored the fact that, if AGWU had a grievence, the
Union had not used the dispute procedure set out in the Agreement.
He also refuted public statements alleged to have been made by AGWU
that NFU had refused to meet with the Union for negotiations.
"I was approached by AGWU and a tentative date for negotiations was
fixed", he said, "but when I contacted my negotiating team, that
date was unsuitable for them and AGWU was advised. There was
further consultation and the meeting on February 4th was a result
of this ."
Following that meeting, on February 5th, Mr Barker-Hahlo told
iNEWSLETTER that his Union and AGWU had settled all outstanding
points in their negotiations and the Industrial Agreement is to
be signed on February 17th.
"We met with AGWU", Mr Barker-hahlo said "and have agreed in
principle to the proposal of profit sharing with the workers on
The Acting President said the Agreement will state that workers
on the estates of NFU members will be entitled to one-third of the
net profit after tax and after deducting 6% being the "prevailing
rate of interest paid on investment in Grenada."
To execute this scheme, Mr Barker-Hahlo said, Workers Committees
a:x2 to be set up on the estates "to monitor production and expenses,
to foster good relationships between management and workers and to
-:icrease production and productivity."
Week Ending 13.2.82 THE GRENADA NEWSLETTER Page 9
CARD: WORKERS MUST SEE STATEMENT OF ACCOUNTS V
Addressing the General Council meeting of the Bank & General
Workers Union on February 5th, Deputy Prime Minister and Minister
of Finance Bernard Coard said 1982 is the year of "Democracy at the
"What do I mean by 'democracy at the workplace'?", he asked. "I
mean the right of every single worker -in every workplace in Grenada
to have the financial Statement of Accounts of the enterprise in
which they work."
The workers must know how much profit or loss, revenue and expend-
iture of the Company for which they work, Mr Coard said, and that is
a right of the worker, he must have it and it must be demanded.
The Minister said also that workers must have the right to elect
their representatives to the Board qf Directors of the enterprises
doing business in the country.
Thirdly, Mr Coard said, it is essential and fundamental that, in
both Government and the Private Sector, there be monthly staff
meetings in which all workers participate with management.
The only people who can stop corruption and waste and increase
efficiency in a workplace are the workers, Mr Coard said, because
it is the working class which produces in Grenada and in all
"If the workers do not participate in the process of seeking coll-
ectively to build and increase production and productivity", he
said, "there is no way that.production.and productivity can be
To this end, the Minister said,, the formation of "Production Comm-
ittees" .is important. "Emulation Committees" are also import-
ant because the outstanding workers must be recognized by their
fellow workers and by the community. Additionally, he said, a
system of profit sharing must be instituted "for those who have
worked hard to increase production."
"AGENCY SHOP" NOW IN GRENADA
The Peoples Revolutionary Government (PRG) has amended the Trade
Union (Recognition) Law to make provision for "agency shop" con-
ditions in industrial relations in the country.
Under the amendment (Peoples Law 1/1982 of January 8th), when a
Union has been recognized by an, employer, that employer must
deduct from the pay of any-non-union member of his staff, for
"'ge 10 THE GRENADA NEWSLETTER Week Ending 13.2.82
payment to the Union, a '"service contribution to that Union equal to
its regular membership subscription.t
A source close to the Trade Union Council (TUC) told NEWSLETTEI that
the amendment, which has effect from January 1st, was considered and
acted upon by the PRG on a recommendation from TUC.
FAMILY PLANNING CONTROVERSY
Following a meeting of the Executive Board of the Grenada Planned
Parenthood Association (GPPA) held oh January 26th, the GPPA has
suspended use of the injectable contraceptive, "Depo Provera"
.DMPA), at all its clinics pending the outcome of investigations
into the safety of the drug by the Grenada Science & Technology
A few days before, the National Women's Organisation (NWO) had
announced it had raised objections to GPPA being appointed to a
committee to study the effects of this contraceptive on Grenadian
NWO said DMPA has been banned in developed countries because of
dangerous side effects and, because GPPA has been t'sing this drug
here for the last 10 years, the Association has already approved
its use and so is unfit to be a member of the investigating
according g to GPPA literature, DMPA (the full name is Depote-
-adroxyprogesterone Acetate) is approved and is in use in 80
developed and developing countries and by the World Health
Organisation, but has not been approved in the United States
because of side effects noted in the clinical testing of animals.
The drug has been in use in'Grenada since 1970.
GPPA provides 5 main methods of birth control, oral, inter
uterine device (IUD), injection (DMPA), condom and sterilisation,
and there are some lesser used methods. In 1980, the last year
for which statistics are available, the most popular method was
oral, IUD being next and the DMPA injection running third with 25%
of the total.
SEVEN ALLEGED TERRORISTS COMMITTED
magistratee Windom Robertson on February 10th committed 7 persons
n the Sauteurs Magistrates Court to stand trial at the June
Week -ndin -13.2.82
Assizes in connection with the murder of 5 young men on the night of
17th/18th November 1980.
Accused are Jimmy Julien, Densil Richardson, Isaac James,, Annas
Pascall and her children, MattheW, Richard and Catherine. All have
been charged under the Terrorism (Prevention) Law 1980.
The charges arise out of the killing of Donald Stanisclaus, 29,
Dennis Stanisclaus,32, Andy Courtnay,18, Stephen Lalsee,20, and Evan
Charles. The first 4 named were found in a bullet ridden car in
the Plains area, St Patricks, while Charles, also killed by gun fire
was discovered about two miles away at an abandoned Militia camp.
The 7 accused are charges with failing to disclose information rel-
ative to acts of terrorism and with aiding and abetting persons
involved in such acts. Additionally, Richard Pascall, Julien,
Richardson and James are charged with conspiracy to commit acts of
Richard Pascall and Julien also face charges of causing death by
acts of terrorism and of receiving training in the use of explosives.
The Preliminary' Inquiry in the Magistrates Court was conducted under
the rules of evidence stipulated in the Terrorism (Prevention) Law,
which rules have raised controversy in some legal quarters. Under
these rules, cross examination of witnesses has been eliminated and
evidence is taken in the formof signed statements.
Legal appearances are Mr Ernest John for Isaac James and Richard
Pascall, while Mr Michael Andrews represents the other defendants.
EC$38.7 MILLION SPENT ON AIRPORT: N 1981. V
Minister of Finance Bernard Coard told a "Conference on the Economy"
on January 29th that EC$38.7 million had been spent last year on the
International Airport at- Point Saline:
Of this, he said, EC$.8 million had been raised by local financing
and EC$10.8 million had been a loan from Libya. Algiers and
Syria had made grants of EC$.9 million and BC$3.2 million respect-
ively, and from Cuba had come EC$9 million in materials and EC$14":.
million in labour.
U.S. ACCUSED OF ACTIVE INVOLVEMENT IN EL SALVADOR WAR
A representative of the Democratic' Revolutionary Front (FDR) of El
Salvador, Mr Hector Oqueli, charged here on January 27th that the
United States of America is pushing a solution which involves death,
THE GRENAbA NEWSLETTERR
""- I-- Ill I
terror, imprisonment and repression to solve the problems of his
Mr Oqueli, who was on a diplomatic tour of the region, said the only
viable solution in El Salvador is a comprehensive negotiated settle-
ment, and this is the position of the alliance of his Party and the
Farabundo Marti National Liberation Front (FMNL) which is now engaged
n a civil war with the ruling Christian Democratic military junta.
The United States and the junta are ignoring the fact that there is
a civil war in El Salvador, Mr Oqueli said, and they are advocating
an electoral process in which the people of 1E Salvador will not take
part. In this, he said, the U.S. is supported by Chile, Argentina,
Bolivia, Paraguay and Uruguay, countries which favour "an electoral
process in El Salvador which is not taking place in their own coun-
On the other hand, he said, some close allies of the U.S. have
agreed with the proposal of a negotiated settlement and, at the last
General Assembly of the United Nations, support for the proposal was
given by Sweden, Italy, France, West Germany, Luxemburg and Finland.
Mr Oqueli charged that, contrary to denials of Washington and the
ruling junta, the U.S. is actively engaged in the El Salvador civil
war. The revolutionary forces have now stepped up their activ-
ities, he said, and, in spite of U.S. intervention, the now ruling
junta will be defeated.
HOLIDAY INN TO REOPEN IN OCTOBER
:he Johnson Co: struction Company of Antigua, the original builders
of the Grenada Holiday Inn were scheduled to begin, by mid-February,
reconstruction of the hotel which was badly damaged by fire last
General Manager of the hotel, Mr Robert van Doom, told NEWSLETTER
the insurance assessors had completed their work late in January,
he expects the total loss will be some EC$9 or EC$10 thousand and
demolition of the burnt out area is to begin shortly.
Reconstruction plans include a larger front office, a shopping area,
additional sporting facilities and an open air dining room over-
looking Grand Anse beach.
Mr van Doom said reopening date has been fixed for October 15th.
Week Ending 13.2.82
P-g e 12
ppk Ending 13.2.82 THE GRENADA NEWSLETTER Page 13
"OUTREACH STATION" OPENED
An agricultural "Outreach Station" at Calivigny, on the south coast
some 5 miles from St Georges, was formally handed over to the
Ministry of Agriculture on January 25th.
Built at a cost of EC$107,000, the Station was jointly funded by the
Peoples Revolutionary Government, the Caribbean Agricultural Research
& Development Institute (CARDI) and the European Economic Community
(EEC), and is said to be the first of its kind in the English speak-
Delivering the feature address, Minister of Agriculture George
Kouison blamed the deposed Gairy Government for gross neglect which,
he said, has resulted in diseases in the island's crops. He said
the PRG will place more emphasis this year'on research, on a scient-
ific approach to agriculture and on diversification of crops.
The "Outreach Station" will be used by CARDI for experiments on a
number of crops including carrots, onions, cassava and sweet potatoes
WATTERSON: FOOD SITUATION PRECARIOUS
Mr Gerald Watterson, the delegate of the European Economic Community
stationed in Trinidad, has expressed concern over what he called the
"precarious food situation" in the Caribbean Community (CARICOM).
Mr Watterson was speaking .here on January 25th at the handing over
ceremony of an agricultural outreachh station" which the European
Economic Community helped to finance, and he said that CARICOM is a
net importer of food which aggravates the balance of payments prob-
Some CARICOM countries have favourable ratios of land to population,
Mr Watterson said, and this indicates great potential for increased
cereal and meat production, two commodity groups making up the bulk
of CARICOM food imports.
He noted that it is common knowledge where the region's resources ar4
and where projects can best be developed, and said what is needed nov"
is for regional Governments to embark individually and collectively
on their implementation.
.."'' t fT. ". .
FRENCH EXPERT PROBES MINLERAL WATER SPRINGS
The French Government has assigned a mineral water expert to probe
the possibility of developing a mineral water industry in Grenada.
- continued -
-ge 4 THE GRENADA NEWSLETTER Week Ending 13.2.82
He is Mr Christian Hovel and he arrived in the island late in January
for a two week stay.
Grenada is a volcanic island with several mineral water springs, and
Mr Hovel is to work with the Ministry of Industrial Development &
Fisheries in producing a feasibility study aimed at developing an
export trade in mineral water.
IICA TO UNDERTAKE FOUR PROJECTS
The Grenada branch of the Inter-American Institute for Cooperation
in Agriculture (IICA) has announced 4 projects for 1982 which has
been declared by the Peoples Revolutionary Government as "The Year
,f Economic Construction".
The first project is the setting up of a fruit and vegetable producers
cooperative and this is linked with the second project which is the
placing of emphasis on the production and marketing of fresh fruit and
The two other projects are also associated and these are establishment
of a crate factory and the setting up of a packing station to assist
farmers in getting their products to export markets without spoilage.
An IICA official said on January 27th that these projects are aimed
at assisting farmers and fruit and vegetable traffickers who sell
'heir produce in neighboring islands.
NATIONAL BUS SYSTEM IN MARCH
The Peoples .Revolutionary Government is to launch a national
transportation system in March.
7irst indication of this plan was given last November when Minister
of National Mobilisation Selwyn Strachan announced that EC$1 million
had been secured from a special fund of the Organisation of Petro-
leum Exporting Countries (OPEC) and 26 busses had been ordered for
Addressing a rally on February 8th to mark the 8th anniversary of
independence on February 7th, Mx Strachen said the system will be
launched in March as part of the activities to mark the third
anniversary of the revolution of March 13th 1979 when the Govern-
ment of Prime'Minister Eric Gairy was overthrown by the New Jewel
Week Ending 13.2.82 THE GRENADA NEWSLETTER Page 15
CCC VISITS GRENADA
A delegation from the Caribbean Conference of Churches (CCC) on
February 8th completed two days of discussions with the Council of
The delegation, led by CCC General Secretary Reverend Dr Roy Neehall,
included the Roman Catholic Bishop of Jamaica, Samuel Carter,
Dr Neville Linton and the Reverend Clyde Harvey.
No communique was issued following the discussions.
NEW TYPE OF HOUSING V
The Ministry of Housing is to undertake a new type of housing project
this year. It will accommodate 289 houses on 16 acres of hillside
land in the Grand Anse area some 5 miles south of St Georges, and
will be called "terrace housing".
The project will be made up of blocks of two-storied semi-detached
houses with 6 or more houses p, block. Each house will have a
narrow frontage, an internal staircase, a built-in rain water tank
and a kitchen garden area.
CDB OFFERS HELP
Mr Beverley Charles, Project Coordinator for the Caribbean Develop-
ment Bank (CDB) said here on February 1st at the close of a three
week workshop on .Project Implementation, that CDB is willing to
extend its technical assistance facilities to Grenada.
Mr Charles said CDB is also willing to assist in reorganising
existing agencies and in training workers. The training pro-
gramme he said, comprises 10 week regional high-level training
courses for higher and intermediate administrators and technical
personnel. ..s, y
BRITISH GIVE LAW BOOKS
Barbados resident British High Commissioner to Grenada, Mr Arthur
Stanley, on January 28th presented law reference books valued over
4,000 to the Ministry of Legal Affairs.
The Grenada Supreme Court has been without a Law Library since,
following the revolution of March 1979, the Headquarters of the West
Indies Associated States Supreme Court was moved from Grenada and
the Law Library was taken with it.
Page 16 THE GRENADA NEWSLETTER Week Ending 13.2.82
OAS OFFICIAL TO DISCUSS DISASTER AID
Mr Todd Payne, Acting Director of the Organisation of American States
(OAS) in Grenada, told NEWSLETTER on February 4th that a senior OAS
official, Mr Julio Silva, is to visit the Eastern Caribbean to discuss
disaster relief aid under the OAS Inter-American Emergency Aid Fund
tablished in 1969 by the Amehican Economic & Social Council of the
OAS, FONDEM supplies rapid financial assistance to member states in
Lhe event of natural disasters, and Grenada received US$50,000 in
1980 for rainstorm damage.
Radio Free Grenada said on February 4th that, according to a report
from OAS Headquarters in Washington, D.C., USA, Antigua & Barbuda,
-arbados, Dominica, Grenada, St Lucia, St Vincent and St Kitts/Nevis
::e to receive OAS technical assistance to prepare for disasters.
The Antigua based Caribbean Disaster Preparedness Team is coord-
inating the programme and OAS is to assist also with workshops to
generate public awareness of disasters which may strike.
PRG TO INTRODUCE NATIONAL EMULATION DAYS
The Peoples Revolutionary Government (PRG) is to introduce "National
Emulation Days" in a drive to stimulate production and application
among workers in 1982 which has been declared "The Year of economic
This project will affect workers in all Government controlled
offices, state enterprises and national ventures, and committees
r to be set ui to implement it.
- portrate of each "Worker of the Month" is to be displayed, the
worker will be presented with a badge of honour and there will be
a cash aware of some EC$100 to EC$150 depending on the category of
..orker and the area of work. The worker will also address
schools and trade union general meetings.
Consideration is being given to requesting trade unions to address
workers at their work-places with a view to encouraging them to
step up their production and application.
The first "National Emulation Day" is scheduled to take place at
Queens Park, St Georges, on March 8th.
IRAQ AMBASSADOR PRESENTS CREDENTIALS
Ir" its publication of Friday February 5th, the Government Gazette
.norts that, on January 20th, Mr Jihad Kaan, non-resident
THE GRENADA NELS LETTER
Ambassador of the Republic of Iraq to Grenada, presented f cre-
dentials to Governor General Sir Paul Scoon OB-.annary- Lth.
rii e c 7. *
EAST CARIBBEAN CURRENCY AUTHORITY
It has been some time since NEWSLETTER has published statistics
relative to the Statement of Assets & Liabilities of the East Carib-
bean Currency Authority.
This is regretted and efforts are being made to get the required
information and publish comprehensive statistics to fill the present
In the meantime, the following statistics for October 1981 are the
last published by the Government Gazette. They appear in the
issue for January 15th 1982.
Statement of Assets and Liabilities
As At 31st October 1981
Notes in Circulation
Coin in Circulation
2.841 000 EC$144,859,446
Fixed Deposits & Money At Call 120,514,671
Regional Currencies 1,982,221
Bankers Balances 3,353,184 203,136,641
Participating Government's Securities
including Treasury Bills 44,414,209
Other Assets ': 8.482 336
Alifser iiughes Cynthia Hughes
13th February 1982
Printed &. Published by, %thea-Proptiators
Alister & Cynthia Hughes, Journalists
of Scott Street, St Georges, Grenada, 'West$Idies
Week Ending 13.2.82