The budget outlining the Government’s plans, programmes and expenditures for 2023 reflects Guyana’s increasing income from its rapidly expanding petroleum industry. At $781.9 billion, as against $552.9 billion for 2022, this budget is 41 percent larger than 2022. The 2022 budget was in turn larger that the 2021 budget by 44.3 percent. This budget was […]
Author Archives: Ralph Ramkarran
In response to a complaint by Dr. Terrence Campbell that higher wages and salaries by government and foreign companies areattracting workers away from local businesses which cannot compete, Vice President Bharrat Jagdeo responded that “people want the vestiges of socialism still to hang on…” (Dem Waves Jan 9). It appears that the Vice President meant that the plea for the protection sought for local business is tantamount to relying on the ‘vestiges of socialism.’
On Friday last President Biden presented the Presidential Citizens Medal to 14 US citizens – policemen and civilians – who resisted attempts to undermine the elections of November, 2009, and resisted the mob that violently stormed the US Capitol on January 6, 2020, to overturn the election results. President Biden said that history will “remember […]
Predictions of significant economic growth in Guyana due to the developing petroleum industry are being realized. Guyana’s Gross Domestic Product (GDP) in 2021 was US$8.04 B., representing a 20 percent growth rate. GDP reached the US$4 B mark in 2012 and increased to US$5 B in 2019. From US$8.04B in 2021 the GDP is projected to grow in 2022 by 56 percent which will take its […]
Guyanese would probably think of better things to do than read the newspapers today. For those who choose to read this article, please accept my best wishes for a Happy Christmas. For other readers of Stabroek News, and all Guyanese, I wish you also Happy Christmas. Stabroek News has generously published the articles that I began to write for my blog, Conversation Tree (conversationtree.gy), […]
