Opinion
NRF too important for gov’t to rush through without discussion with parliamentary opposition
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…
A real makeover of the PNC must include an appeal to Indians and renegotiating the oil contract
The argument has been advanced that the reason PNC rigged all elections (1968 – 1985) goes like this: Why not? If PNC didn’t rig, then PPP with its Indian numerical majority base would win all elections – and they (PNC) would be kept out of power forever. Sounds like good logic in an environment where…
More symptoms of Dutch Disease, PPP/C has to take national approach to good governance
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…
President Ali has to empower the 22 civic representatives, not get rid of them
President Dr. Mohamed Irfaan Ali said, “The people of this country went to a poll, and they have placed their confidence in a president, in a government. Are you saying that after the people have placed that confidence that we don’t have the right or we can’t be trusted to name people on a board?” https://dpi.gov.gy/everything-in-sovereign-wealth-fund-will-have-parliamentary-oversight-president-ali/
First pot of NRF money should be dedicated towards a massive infrastructure plan
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…
Sponsoring a Bill to renegotiate the oil contract may be PNC’s Holy Grail
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…
Submissions to the EPA with respect to Yellowtail
https://www.oggn.org/wp-content/uploads/2021/12/Guyanese-EPA-Yellowtail-Submission-20211215.pdf https://www.oggn.org/wp-content/uploads/2021/12/Caribbean-EPA-Yellowtail-Submission-20211215.pdf https://www.oggn.org/wp-content/uploads/2021/12/MelindaJanki-EPA-Yellowtail-Submission-20211215.pdf https://www.oggn.org/wp-content/uploads/2021/12/Bulkan-EPA-Yellowtail-Submission-20211215.pdf https://www.oggn.org/wp-content/uploads/2021/12/OGGN-EPA-Yellowtail-Submission-20211215.pdf
The PNC can say PPP bill to exclude 22 Natural Resource Fund stakeholders is a power grab
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…
Corruption has kept us poor
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,…