Latest update September 18th, 2026 10:25 AM
Everyone will benefit when prices are reduced
Dear Editor
This is a letter to our private sector. The cost of living needs to come down in Guyana. So how are we going to make a profit when we sell cheaper I hear people ask? By selling more at a cheaper price profitability can be increased.
As an example: instead of selling 100 units of water at $100 to give an income of $10,000 we can sell 200 units of water at $75 to give an income of $15,000 thereby increasing profitability.
Everyone will benefit when prices are reduced. Citizens benefit in cost of living reduced; private sector benefit with increased profitability; Government coffers benefits with increased taxes paid on profits.
Yours truly,
Sean Ori
Share this:
Discover more from Kaieteur News
Subscribe to get the latest posts sent to your email.
Similar Articles
Website Hits
Blunt of the day
Sports
Features/Columnists
Sir. Ronald Sanders
The GHK Lall Column
Weekend Cartoon
