The PNC should be the last to criticize this PPP government

Dec 02, 2008 Letters

Dear Editor,
In the November 28, 2008 issue of the Kaieteur News, the PNC said that the Government is behaving like a typical ‘thief man,’ and at the end of the article, it said that “the Jagdeo administration to date has failed to demonstrate that it has a vision, policies and management capabilities to implement a suitable programme of economic and social measures to place the economy on the path for sustained growth.

If the PNC had proper planning and vision, they would have still been in power; but they do not have any, so that is why they are out of power.

The PNC should not be an organisation to talk about theft and proper management. To simply collect money at the Corentyne toll gate was running at a loss so they decided to close it down.

When they were in Government, they not only squandered the wealth of the nation, they stole the Government through fraudulent election. In the late fifties and early sixties, when they were in opposition, they told the people that there will be free milk and cassava bread for every one.

When they took office, all of that disappeared. They took over a Government that had ten million dollars in the treasury, a vibrant economy, a development programme, a strong dollar (G$1.08 to the $US) and was known as the food basket of the Caribbean. In 28 years, they brought the country to its knees.

The (1966-1972) $300 million development plan that went toward infrastructure collapsed in 1969.
The 1973 crisis was averted by a levy on sugar worth over five million dollars; and by 1976 the crisis worsened, despite lavish help from the US Government and the International Monetary Fund.

Desmond Hoyte, who was Vice President responsible for Planning and Finance, told the National Assembly: “To put it bluntly, the performance of the economy in 1981 was disastrous.” On February, 14, 1982, the New Nation, organ of the PNC, stated that the economy was tottering on the brink of collapse.

Desmond Hoyte, in the 1982 budget speech, said: “In consequence, many suppliers have stopped exporting goods to us other than on a cash basis; in some countries, their export insurance agencies have withdrawn cover from us.

We are not deemed to be credit worthy at this time.” He also stated that our national saving stands at zero. Guyana had reached the stage where neither our debt at home nor abroad can be paid.

In the 1984 budget speech, Finance Minister Carl Greenidge said: “The producing sector has undergone a marked decline over the last three years.”

He further admitted that the picture of the economy, the strategies which were being recommended and the prognoses for speedy resuscitation “all appear very daunting,” and concluded that he could offer no comforting solution which will allow us to survive and prosper. In 1985, Guyana was declared by the IMF to be ineligible for further credit.

These were not statements from the opposition, but by the PNC when they were running the Government.
They cannot manage and build, but destroy.
Jagessar Sukhraj

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