Guyana’s economy is declining. The growth rate fell this year and the projection for next year is modest. This means that the income of the Government has declined significantly and so has its ability to spend. Public expenditure is one of the two main props that keeps the economy ticking over and sustains employment, income […]
Tag Archives: economics
CHINA
As China celebrates its National Day, it is dealing with complicated challenges on multiple fronts. Much has been written by experts who have spent lifetimes studying China and its relations with the rest of the world so that anything that comes out of our little corner of the world is very much a subject of […]
PARKING METERS
It appears as if the Georgetown City Council has already decided in principle to install parking meters in Georgetown for the purpose of creating an additional source of revenue. The streets in which the meters are to be installed are Avenue of the Republic, Regent Street, Robb Street, Camp Street, Main Street, Brickdam, Water Street, […]
ABOLISH THE GOLD BOARD
The recent publication of the forensic audit into the Gold Board has raised concerns about its operations. The forensic audit revealed that “poor management of gold in its possession resulted in losses of over $10 billion for the period 2012 to 2014.” The report found that the losses were due to the maintenance of high […]
MORAY HOUSE HEADLINES WALES ESTATE CLOSURE
The announcement by the Government that the Wales Sugar Estate would be closed at the end of 2016 was the subject of a symposium at Moray House at Camp and Quamina Streets, the former home of the late David de Caires, the founding editor of Stabroek News. In opening the event, the Chair of Moray […]