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The Dominica Freedom Party (DFP) continues to encourage all citizens and residents of Dominica to adhere to the current advice of our public servants to practice social distancing, wear a mask and to respect the curfew and lockdown measures that are aimed at halting the spread of COVID-19 – the disease caused by the New Corona Virus.
But we recognize that our country is on the verge of a total economic disaster – the results of a double whammy – loss of CBI revenue and the impact of the COVID-19 pandemic! While we must hope for the best as it relates to COVID-19, as a people we must prepare for the worst.
A key challenge will be how to prevent the situation from becoming chaotic and how do we ultimately restore the economic health of our country. We shall address that in our next statement, but we pause to explain a bit on how the economy is going to be adversely affected, how the government finances will weaken significantly, and the difficulty that the government will experience in its effort to raise financing.