Latest update March 21st, 2025 7:03 AM
Feb 25, 2009 Letters
Dear Editor,
In these times of financial upheavals and economic crisis, the People’s Progressive Party (PPP) Government of Guyana should consult with the Opposition political parties to chart a course that would prevent Guyana’s economic development from being derailed.
The reality suggests that government over-spending would create short-term problems which the Opposition would like to see happen by their relative “silence” on successive Budgets over-spending and on the creative wastage of Guyana Power and Light (GPL), which is being creatively managed by Prime Minister Samuel Hinds, of some $8B of taxpayers’ monies.
So who would the PPP consult with in the Opposition? With political parties that wrecked Guyana’s economy in the past? If you must consult, you must consult as should there be a derailment of Guyana’s economy, as there is likely to be in most countries, due to the expected fall in finance availability and contraction in the mineral resource sector.
1) The Government should significantly increase pensions with a one-off top-up of G$52,000 per pensioner.
2) Sell-off its stake in Guyana Telegraph and Telecom (GT&T).
3) Shut down 60% of the electricity generating assets.
4) Spend an extra $2B on water management (the bulk of which should be spent on clean water for the populace).
5) After consultation, reduce the VAT at 16% to 10%, with the proviso that should there be significant Budget shortfalls the Opposition would take the blame for such short-fall and not “Blame the Government” as they would/are then likely to do.
6) Give more subsidies to the farmers, especially rice farmers, to the same amount that is being given in subsidy to the people in Linden.
Let us not forget that the last time Guyana was faced with economic upheaval the PNC used child labour on Government run farms (it was not just Government officials that were used on those farms) and in the school-farms.
Sean Brignandan
Mar 21, 2025
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