At its 6th Meeting of the Committee of Social Partners (CSP) on Friday, September 6th 2013, Dr. Andre Vincent Henry, facilitator for the social dialogue process, led a discussion on “Getting to a National Social Compact.”
The discussions focused on:
• The development of a Memorandum of Intent (MOI)which will indicate to the public the progress made so far and the process that will be used by the CSP in reaching the Social Protocol. It will also provide partners with a point of reference for their collaboration;
• The mechanics of the process of negotiation of the Social Dialogue Protocol, including indicative timelines;
• Improving national productivity; and
• Recommendations for communication programme to promote what is being done.
The social partners are now expected to engage in discussions with their membership and provide feedback for the finalisation of the MOI for signing and presentation to the public.
Another major component of the 6th meeting was a presentation on a proposed International Monetary Fund (IMF) Programme for Grenada, by Permanent Secretary Timothy Antoine. This presentation included an update on Grenada’s economic performance, progress made with the debt restructuring process, lessons learnt from past restructuring efforts, and possible measures to address Grenada’s current economic position.
In speaking on the debt restructuring, Prime Minister and Minister for Finance, Dr. Keith Mitchell, who chaired the meeting, noted that a key factor of the debt restructuring process is showing that we are making sacrifices locally.
He went on to say that it is important to send the right message if this process is to be successful.
He also spoke on the proposed IMF Programme re-enforcing that any IMF programme being introduced, in collaboration with his Government, “must have growth and job creation as its central focus.”
The social partners gave feedback on the direction they think Government should proceed with the proposed programme.
Other issues discussed at the meeting included the Commercilisation of Government Estates and the new IMANI Programme.
The CSP is satisfied that progress is being made in the social dialogue process and its members are committed to the entire process.
In the upcoming weeks, work will intensify on the preparation of a Social Protocol/Pact with visits to the various stakeholders by Dr. Henry.
The Committee of Social Partners was formed to promote social dialogue and propel Grenada’s development.
The Committee consists of all the major social partners -Private Sector, Trade Unions (Labour), Churches, Non-Governmental Organisations (NGOs) and Government.