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CPMA writes off calypso association debt

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Chairman of CPMA Lyndon Arnold.

PRESS RELEASE - The Board of Directors of the Cultural Development Foundation (CDF), acting on a recommendation from the Carnival Planning & Management Agency (CPMA), at its meeting of Monday, May 26 2014 agreed to support the St. Lucia Calypso Association (2009) for the 2014 Calypso Season.

This support comes in the form of a conditional write-off of the amount of $12,525 owed to the CDF by the association and member tents for the 2011 to 2013 Calypso Seasons.

Chairman of the CPMA Lyndon Arnold stated that the request was made in consideration of the fiscal challenges facing Carnival Stakeholders/Partners this year, especially in light of the absence of a subvention from government.

The CPMA believes this will provide the respective tents with one less obstacle to putting on a good show for patrons of the calypso art.

Chairman of the Board of the CDF Petrus Compton welcomed the Board’s decision and expressed the hope that with this liability no longer hanging over the heads of tent leaders they will proceed to produce the quality shows that are necessary to attract large audiences and, in so doing, balance their books and meet all their obligations for the 2014 season.

 


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