Trade and Industry Minister Stephen Cadiz says passage of the Procurement Act in Parliament, before year's end, will be a critical move towards stamping out corrupt practices in the delivery of billions of dollars in goods and services purchased for the T&T populace by the Government. The Sunday Guardian, based on confidential documents obtained over the past weeks, has been publishing exposés on questionable procurement practices in various state agencies. Cadiz said: "With the procurement systems all over the place, it (will) have all kinds of thieving and mismanagement in that procurement going on. So when we talk about confidence and implementation, we talking about the Procurement Act, which will bring e-auction so the Government spend would be standardised." Cadiz said the procedure used for purchasing by his ministry was sure to differ from that of the Health Ministry, regional corporations and central government, too. He said: "And, if you go to any government division, their procurement rules and regulations are different from the many sitting down right across the room. How could that be? How could a government get value for money for it citizens? "You will never get rid of corruption, Adam and Eve started it. The fact of the matter is you are going to be able to reduce the level of corruption to a level whereby it is going to be manageable."
Developing a standardised procurement system in the public sector was tied to confidence in the economy, Cadiz said. As simple as it looked, he said, building confidence in the local economy was a sure way to improving this country's attractiveness to foreign investors. "I know we had a loss of confidence, but when did this loss of confidence come into play? The loss of confidence was there even prior to the Government coming into office last year May. "How did we know? We saw it in the foreign direct investment figures coming into Trinidad, from since 2008. We were already seeing that trend happening. And then of course, with an election, with (a) new administration coming in, you go back further again."
Local businesses must invest
Even though priority is given to foreign direct investment to bolster T&T's economy, the Trade and Industry Minister underscored that the local business sector has a responsibility to invest at home, to nurture the much touted growth needed. "People talk about foreign direct investment and Government welcomed that without a doubt, because really and truly that's where the big money is and that is really and truly going to move the economy. "But if the local business community is not willing to put in and take the risk, what is going to happen? So we need to get that buy in. So when we talk about confidence and implementation, I think one of the things this Government has shown is that is gives value for money," said Cadiz.
PP broke the mould
Effective May 25, 2010, he said, the People's Partnership Government broke, and threw away the mould of the previous regime. He claimed that for every single dollar that has been spent by this Government, citizens have been getting value for money. "We have been able to stretch a dollar. We have been able to get between 30-50 per cent more out of the same dollar to achieve the same thing. So when we talk about confidence, that is one area that people have to look at. "The previous administration boasted every time, how much money they spent. As soon as you heard anybody talk, it was boy we spent $100 million here, $40 billion here. What they did was, they boasted how much money they could spend," he said. Cadiz added: "I don't know if you remember the boast about how Trinidad ranked number three in the world for power consumption per capita. We were up there with all the high energy users. We were using more energy per capita than so many other countries; the same thing with the spend."
Governance
Nineteen months have passed since the Kamla Persad-Bissessar led Government took office, but Cadiz mused that for him, it felt like years. He questioned the need for having more than 115 state-owned agencies and wondered if they were efficient or contributing to a duplication of tasks. "How much overlapping is going on? How much extra costs are we talking about and what about the inefficiencies that these things create? He said based on his experiences so far, it was clear that for T&T to grow, the governance style must be modernised. "Does T&T have to be governed the way it's governed? Many of us have grown up in this particular style of governance, and I'm not talking about radical change. What I'm talking about is how do we get value for money? How do we get services to the citizens of this country? How do we create confidence, how do we implement every single thing that the Government is suppose to?" he asked. Cadiz said: "When you are talking about sustainable development and real economic progress that is what you are talking about; people will view T&T as a real place to do business. It's not just about the energy companies. The energy companies can work anywhere in this world. They could go in the Sahara, the Artic. They don't care where they are going, once it has oil and gas."
