There is a saying, “The more you watch the less you see; the less you watch, the better for me.” The PPP/C seems bent on using its one-seat majority to railroad the repeal of the original NRF Act approved by the Coalition, replacing it with its own bill, and reducing the Public Accountability and Oversight…
Observers say the PPP/C is stealthily rushing its new NRF bill (and repealing the APNU+AFC’s NRF Act already passed) while the nation is distracted by yearend festivities. Knowing how “politricks” work in Guyana, this is a plausible explanation for the rush. Exxon, Hess and CNOOC are shipping away the bulk of our oil wealth, leaving…
Since August 2020, the new PPP/C government has begun to implement an impressive two-pronged strategy. It intends to carry out pro-poor and pro-business policies to meet the “basic needs of every single Guyanese”, and secondly to develop good economic, financial, social and political governance policies to avoid the oil ‘Dutch Disease’. Without using any oil…
I would like to suggest that the first pot of NRF money be dedicated towards a massive infrastructure plan, similar to what President Biden did when he got in. Let’s fix all the roads and bridges! You can call it the “Highways to Happiness” Plan if you want. This can be the “tipping point” for…
The PNC is in a bad place right now. Following the heels of its failed attempt to rig the 2020 elections, in full view of a watching world, the two top candidates running for Party Leader were leaders of the extreme wing claiming dead people flew to Guyana and voted and sneaked back out and…
So now we know why after a year and a half the Guyana Natural Resource Fund – NRF (the money we get from oil) held in a New York Bank was not activated and the oil money was just sitting there not earning any interest. It appears as if the Government was figuring out how…
US Ambassador Lynch is to be applauded for her strong statement in observance of International Anti-Corruption Day, which is an annual opportunity to bring attention to the continued importance of combating corruption, ensuring accountability, and fostering transparency. Around the world, corruption threatens security, hinders economic growth, and siphons away public and private resources. In Guyana,…
Unions in Guyana must understand that hefty pay raises are tied to renegotiation of the current oil contracts that gave away the kit and caboodle. The PNC gave away the national patrimony, and the PPP is OK with that. The Department of Public Information just released an article essentially saying that the PPP is adamant…
I refer to the letter in Stabroek News yesterday in which the Insurance Association of Guyana has spoken up. It is nice to see that my old association is taking a public stand in representation of the insurance industry and its capabilities, and in the process, correcting the false notion that Guyana is unprepared for…
