St. George’s, Grenada November 28th, 2011:

THE SECOND SITTING OF THE GENERAL COUNCIL HELD AT THE MC DONALD COLLEGE, ST. PATRICKS – SUNDAY, NOVEMBER 20, 2011.

RESOLUTION

WHEREAS, Grenada has been registering an average negative growth in its economy over the past three consecutive years;

AND WHEREAS, poor leadership and the lack of economic vision on the part of the present Government of the National Democratic Congress (NDC) which continue to wreak havoc on the lives and the livelihood of the people of Grenada Carriacou and Petite Martinique;

AND WHEREAS, unemployment among the people of Grenada Carriacou and Petite Martinique (The Tri-Island State), particularly among the youth population, has reached an astronomical all time high of nearly 40%;

AND WHEREAS, a recent Consumer Confidence Sentiment Index (CCSI) report from the University of the West Indies (UWI) revealed that among the fifteen CARICOM Nations, Grenada CCSI plummeted to an all time low of 27% for the third quarter of 2011.  The UWI CCSI report stated: “The most dramatic development for the quarter was an apparent collapse of consumer sentiment in Grenada as the CCSI for that country fell from 60 to 27”;

AND WHEREAS, the said UWI CCSI report is a clear indication that the economic condition in Grenada will get progressively worst because investors - local, regional and international, view Grenada as a high risk economic market, and will not take the risks to invest in such a market. This means no chance of improving the country’s employment woes.

AND WHEREAS, the present Government has failed to implement a viable economic strategy or roll out any projects that can bring economic relief to the people of the country;

NOW THEREFORE, be it resolved: That the New National Party Delegates, in a meeting of the General Council at Mc Donald College, in the Parish of St. Patrick’s on Sunday, November 20, 2011, condemn the NDC Government for its lack of vision and foresight for creating an enabling economic environment – for failure to initiate programs for the development of the country. This means that the people of Grenada, Carriacou and Petite Martinique cannot improve their standard of living and the country, under the NDC cannot be restored to economic prosperity.

NOW THEREFORE, in the circumstance, we resolve that the Minister for Finance (the Economy - Economic Planning - Energy and Cooperatives), immediately tender his resignation and failing to do so, that the Prime Minister summarily relieve him of the office.