Latest update June 9th, 2026 12:30 AM
Latest News
- ‘Govt. crafting law to shield Development Bank from oversight’ – Ram
- Govt. reviewing Exxon’s request to produce 945,000 barrels per day
- New opera association opens with Int’l flair
- UN report: Nearly 513,000 in T&T cannot afford a healthy meal
- Iran and Israel halt attacks but sabre-rattling continues
Another battle between Govt. and the opposition
Dear Editor,
We are now ringside of another battle between the government and the opposition supposedly in our interest. However, as happens more and more these days both sides seem to have got it all wrong.
The two sides in parliament are arguing about the merits and demerits of selling the State’s 20% stake in GT&T, and while there is no doubt that it is an important question, the more important question is mentioned only in passing. Parliament should focus on what Guyanese want and what Guyana needs. Guyana and Guyanese want the benefit of full liberalization and we want it now.
Finance Minister Dr. Ashni Singh seems to know this since he said as much in his address to parliament during the GT&T shares sale debate. Dr. Singh argued that a liberalised telecommunications sector in Guyana that is competitive with leading countries in scope and cost of services is what is vital.
Dr. Singh further noted that Government has made known the benefits of a liberalised telecommunications sector, most of which would include lower prices, new telecommunications investment, enhanced choices and services options, access and quality. “Our administration is prepared and eager to enhance and foster the appropriate climate for competition and growth (in the telecommunications sector).”
After saying all of this Dr. Singh finally got to the crux of the matter saying that such potential will not see the light of day if it continues to be stymied by the existence of the monopoly.
So it is the monopoly that is stupid, not the shares. Victory in the battle over the sale of shares would win political points for some side. However, victory over the monopoly will be victory for all of Guyana, given what Dr. Singh says are the benefits.
So the real question is when will the parliament debate a motion for the breaking of the monopoly in the interest of all Guyana?
Prarsram Persaud
Share this:
Discover more from Kaieteur News
Subscribe to get the latest posts sent to your email.