The campaign against the unilateral and undemocratic imposition of parking meters in Georgetown is at last bearing fruit. The Government has been persuaded to intervene and had asked the City Council to suspend the operation of the contract until a renegotiation of its terms can be effected. At a time when the Government has been […]
Category Archives: Economy
The pacu is a fish related to the pirhana. The sweet water pacu has fearsome, human-like, teeth. However, unlike the pirhana, it feeds principally on nuts, fruit, insects and small fish. Its love for ‘nuts’ is not related to its rumoured taste for men’s testicles. It appears that this rumour is not true. The salt […]
Public rage in Georgetown continues to grow and expand as last Thursday’s massive demonstration shows, even as the Government has finally been forced to intervene in the parking meter fiasco. But it is too little too late. Boat gone a’ fall. The demand is now for the rescinding of the flawed agreement between the City […]
Three of the four dailies on Friday headlined the second oil find by ExxonMobil at a well called Payara-1. Past predictions about the presence of petroleum deposits in off-shore Guyana were confirmed when ExxonMobil’s announced its world class discovery, the largest for 2016, at its Liza well. If the Payara-1 turns out to be large, […]
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 […]
