Latest update January 20th, 2025 4:00 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Crafty illusions of government and Opposition to make politics entertaining

Dec 10, 2017 Letters

Budget 2018 is a midterm budget intended to plaster certain fissures exposed in our economy. It is not a solid fix or an election year budget when all the goodies are provided for. On the macro level, many large and medium scale businesses have been generously catered for in the form of tax write-offs and debt forgiveness ,which given the current state of the economy is most timely and welcomed.
The fiscal construct theory of this midterm budget seems formulated on buttressing the major wealth earners in our economy, hoping that their future success will aid in the social and financial mobility of the proletariat. Which leads my analysis to accentuate that the budget’s approach on a micro level has not offered much confidence in the spending power of the ordinary and most vulnerable groups or to even outline a clear, pragmatic, program and policy that would ease the burden for those most vulnerable and at risk youths to access the available finances.
Our economic well-being is definitely not as robust and stable as is promulgated by the government nor has it reached crisis level being publicized by the Opposition. But both scenarios are crafty illusions of government and Opposition to make politics entertaining as if it was ever mundane or lack materials for a good joke.
Under the present administration and given the one term it has to outdo and undo two decades of the People’s Progressive Party Civic management would it not be completely unfair and unreasonable to expect any new government with an ideological perspective difference to expeditiously enact the transformational changes that a great many agrees is badly needed in order to progressively and cohesively move forward.
And let us forget about the prospect of oil in 2020, to which many have fallen gullible. Had it been definite that oil production was a reality in two years, it would have been one of the best midterm budgets in Guyana’s history. The Finance Minister and government have shown great prudence and resistance in this regard by not allowing themselves to get intoxicated by the euphoric charm of oil.
Cleon M.

Similar Articles

The Glenn Lall Show | January, 13th, 2025

 

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Madray, Klass impress on Day Two

Madray, Klass impress on Day Two

Jan 20, 2025

Terrence Ali National Open… …GDF poised for Best Gym award Kaieteur Sports- The second day of the Terence Ali National Open Boxing Championship unfolded with a series of exhilarating matchups on...
Read More
Sajid, Noman, Abrar share all 20 wickets as Pakistan go 1-0 up

Sajid, Noman, Abrar share all 20 wickets as...

Jan 20, 2025

India skittle WI, SL bundle out Malaysia

India skittle WI, SL bundle out Malaysia

Jan 20, 2025

The shortest Test match to produce a result in Pakistan

The shortest Test match to produce a result in...

Jan 20, 2025

Windies crumble to spin as Pakistan seize control with 202-run lead in Multan

Windies crumble to spin as Pakistan seize control...

Jan 19, 2025

Ashby, Inverary, Lewis among winners on Friday

Ashby, Inverary, Lewis among winners on Friday

Jan 19, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]