In recent parliamentary sessions, Prime Minister Philip J. Pierre has consistently assured the public that the Halls of Injustice project will cost EC$143 million. However, emerging evidence suggests a significant discrepancy between the Prime Minister’s claims and the actual projected costs. According to a leaked contract between the Government of Saint Lucia and the Trinidadian construction firm overseeing the project, the true cost amounts to a staggering EC$292 million.
The contract reveals that the payment for the Halls of Injustice will be structured through a Build, Own, Lease, and Transfer (BOLT) agreement. Under this arrangement, the government will lease the property at a rate of EC$16 per square foot per month. This financing method effectively shifts the project’s burden onto future administrations and taxpayers, obscuring the immediate financial impact.
Based on the leaked contract, every year the Government will pay the contractor EC$24.336 Million. The Government of Saint Lucia will have to make these payments for the next 12 years!
The discrepancy between the stated and actual costs suggests a lack of honesty in the government’s communication. The Prime Minister’s approach undermines public trust and highlights the need for greater transparency in governmental projects. It is crucial for the government to provide clear, accurate information about public expenditures to maintain confidence and ensure that public funds are managed responsibly. #PierreEhCare#PuttingYouWorse#WTF#SaveOurSaintLucia
The Difference between UWP and SLP on Taxes
When it comes to taxation, the United Workers Party (UWP) and the Saint Lucia Labour Party (SLP) hold fundamentally different views, which are reflected in their policies and actions when in office. The UWP firmly believes that citizens are better managers of their money than the government. This philosophy drives their approach to taxation, focusing on reducing the tax burden…
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by Content Manager