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Pay some more attention to our pensioners

May 22, 2008 Letters

Dear Editor,
I wish to commend President Jagdeo on the very bold and encouraging measures he has taken to assuage the pressure of the high cost of living which Guyana is presently experiencing.

However, there are a few disturbing elements which need to be addressed. The President needs to pay some more attention to old-age and state-pensioners.

These categories of persons also have to cope with the escalating prices in the market.

It is, therefore, inconceivable why these categories of persons have been excluded as these are the most vulnerable groups.

As is so regularly and correctly indicated, old-age pension has indeed increased by 63%. It, however, bothers my mind to know why this 63% is not translated into how much money it represents. In addition, when this is weighed against the escalating prices of consumer items, then a more realistic scenario emerges with regards the equivalent of the 63% in terms of real wages.

For example, flour and rice have each increased by almost 60-80% during the period January to date. Increases are also evident with regards vegetables, fruits, electricity and many other utility services and consumer items. When a personal budget is computed, the 63% increase fades into nothingness. I, therefore, wish that this issue of old-age and state pensioners be visited promptly.
Bharat Narine

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