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By: Janelle Charles

BS00005A.gif (2466 bytes)The staging of the silver anniversary meeting of CARICOM Heads of Government carries a high price tag. The entire cost is being estimated at just over two million dollars.

The tab will be split several ways; between the private sector, statutory bodies the Government of St. Lucia and other regional governments. But at the end of the day the St. Lucia Government will bear the brunt of the costs. Bernard La Corbiniere is responsible for the conference budget he says; "the private sector, statutory bodies and other governments will contribute approximately $570,000 of that 2 million."

desk1.jpg (153410 bytes)St. Lucia’s private sector will host various aspects of the Summit’s social programme while Cable and Wireless will finance the media center and provide telecommunication links to broadcast sections of the Conference. Local statutory Boards are providing gifts for the delegates and the National Insurance Scheme will rent its new conference facility to government at a cost of $450,000.

Several Government Ministries including the Ministry of Works have also brought forward repair works to coincide with the CARICOM Summit.

Some Regional Government will make contributions to the staging of the Summit’s closing ceremony. Mc Stephen Aubertine – CARICOM preparatory committee- "The committee was able to have the countries (the government) from which the entertainers come bear the cost of the performance fees. Some countries agreed, others are not too clear on it."

centre2.jpg (3955 bytes)In spite of all those contribution government will foot a significant portion of the bill to the tune of one point five million dollars. This will go towards paying for the conference secretariat, accommodation for delegates, as well as transportation costs for the various persons participating in the conference.

Prime Minister Dr. Kenny Anthony says that he believes that those costs will be fully justified and the benefits that St. Lucia will get by way of infusion of foreign exchange would ultimately outweigh the costs of putting it all together.

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