The major concern for most Guyanese for the New Year is likely to be their economic wellbeing and the progress being made towards improvement of conditions for them and their families. 2015 resonated with excitement for supporters of APNU+AFC with the election of a new government after a decade and a half of corruption, arrogance […]
Tag Archives: economics
THE POLITICS OF ELECTIONS
AFC Vice Chair, Moses Nagamootoo, announced that his party was contemplating a motion of no confidence against the Government. The complaint then was that the Minister of Finance violated the law when he spent some $4 billion that was not approved by the National Assembly during the debate of the Estimates. Since then a list […]
SLASH AND BURN
I listened intently to a television discussion last Sunday on Channel 28 sponsored through the auspices of the USAID LEAD Programme. The participants were Messrs Khemraj Ramjattan, leader of the AFC and Carl Granger, the finance spokesperson for APNU. Even for a jaded ex-politician like me, the discussion was extremely interesting. Both men spoke about […]
GUYANA’S ECONOMY
Guyana’s economy has been the focus of attention over the past two weeks with the recent Investment Conference. In the keynote address by the President of the CDB, Dr. Warren Smith, Guyana’s economic progress was commended. Recent growth figures, though modest, have been a cause for optimism, especially since most countries in the region have […]
UNCONTROLLED MONEY SUPPLY IS INFLATIONARY AND HARMFUL
The call has been made by the Opposition and others for the doubling of the pension for senior citizens, a substantial increase in public service salaries of 20 percent and a reduction of VAT, in addition to the income tax threshold which has been increased. These are commendable sentiments and should attract the support of […]