Commissioner of Economic Affairs Maria Buncamper-Molanus, says she fully supports the initiative of the Workers Institute for Organised Labour (WIFOL) initiative of "Stretch the Dollar."
The programme encourages the purchase of food items in bulk at wholesale prices, therefore saving members the mark-up costs before the products hit store shelves.
The concept was tabled during a recent WIFOL Working Women Committee’s meeting during which the economic recession in the United States and its potential effects on the local economy were discussed.
"I commend the WIFOL Women’s Committee and its President Theophilus Thompson for coming forth with such an initiative and not waiting on government to come with plans. The private sector is an innovative sector that can develop various programs for its employees in order for our island nation to be able to survive this challenge.
"As I have recently stated, it’s a shared responsibility that is required by the nation to get us through this difficult period. I encourage other organizations within society to also come with various programs and initiatives that will help our people. Our resilience as a people will be the backbone that will allow us to endure and ultimately overcome these challenging times.
"The economic summit this week should result in a comprehensive plan being developed with the input of all stakeholders thereby steering us through these turbulent times," Commissioner of Economic Affairs Maria Buncamper-Molanus told the Government Information Service (GIS) on Sunday.