Latest update April 1st, 2025 7:33 AM
Oct 09, 2009 News
…Guyana is a failed economic state – PNCR – MP
PNCR Member of Parliament, Keith Scott, yesterday told members of the media that the People’s Progressive Party has failed to bring economic boon to Guyana in its 17 years in office. Scott explained that the PPP/C had inherited an economy which recorded an annual growth of seven percent GDP consistently over a seven-year period. He said that it was an imaginative Economic Recovery Programme initiated and pursued by the late president Desmond Hoyte.
He said that the Guyanese public has witnessed the continued decline in the economic fortunes leading to the negative growth except for the “dubious” two per cent recorded last year.
Scott said that the obvious reason is the failure to pursue a coherent and well thought out development strategy.
He said that the National Development Strategy Paper which was prepared by a task force with the assistance of the Carter Center was abandoned by the Guyana Government.
The Member of Parliament said that attempts were made to have a joint parliamentary revision of the document but it was flatly rejected by the administration, which promises consultation and cooperation.
Scott further reiterated that the administration’s reluctance has resulted in the poor performance in most of the agricultural sector as evidenced in the decline in sugar and rice.
He said that at present rice farmers face difficulties with the prices for their product. There is also the issue of timely payment of workers in the agricultural sector.
Scott added that the bauxite industry was in a precarious state and the absence of any significant investors offers no hope for increase in employment opportunities, especially to the thousands of youths leaving schools.
Scott further explained that the cost of living continues to escalate with workers struggling to survive daily whilst the prices continue to rise and wages remain inadequate.
He opined that as the PPPC marks its 17 years in governance the President appears to be satisfied that the appropriate economic model is to take “Guyana’s begging bowl around the planet in the hope that other nations and financial institutions would rescue Guyana”, while Guyanese face the harsh reality of the increasingly wide gap between the “haves” and the “haves not”.
Scott further explained that as the government contemplates certain development, most Guyanese have concluded that the grass is greener on the other side.
He said that the recent UNDP report has confirmed that the level of migration from this country of highly educated people must constitute a major resource crisis.
He added that the quality of life for most citizens, the treatment meted out to the young, elderly and the vulnerable are all evidence of an uncaring administration and crude democratic culture.
He said that there is indeed the need for reticence and silence after all that has happened over a 17-year period, and particularly within the last several months.
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