Latest update June 24th, 2026 12:40 AM
Nov 15, 2024 Letters
Dear Editor
In a recent letter, Ramesh Gampat explained in plain English why it is a ‘fantasy’ to say that Guyanese are rich because of oil. After removing oil from economic calculations, Dr. Gampat showed that ‘Of the 33 countries in the Americas for which data are available, there were 17 countries with per capita income larger than Guyana’s in 2023. In other words, Guyanese remain some of the poorest people in the Americas. Income per person in Barbados, St. Kitts and Nevis was 2.4 times as large as Guyana’s, while Trinidad’s was twice as large. Per capita income in Brazil and Grenada was larger than Guyana’s, while that of Jamaica and Suriname was around two-third of Guyana’s. The enormous difference between income per person based on total and non-oil GDP exposes what I call the “Fantasy Gap” or the perception of wealth, which began from around 2019 and grows larger yearly’ (https://www.stabroeknews.com/2024/11/12/opinion/letters/the-idea-that-guyanese-are-rich-is-an-erroneous-arithmetical-idea/).
Dr. Cheddi Jagan addressed the reality of poverty in his writing and speeches. In the following excerpt from his State Paper delivered to the National Assembly on 26 January 1994, we can see that Dr. Jagan did not subscribe to the handouts mentality, one that positions the citizen as a mendicant or supplicant. Instead, he envisioned a future of self-reliant citizens:
‘The means by which resources are allocated so as to achieve these ends [a broad-based and sustainable development agenda] must be determined through appropriate roles for the state, private and cooperative sectors and the strategic alliance between them. In other words, we are ultimately more concerned with the realization of our creative potential, the strengthening of self-reliance, the eradication of poverty and protection of the environment, rather than with handouts to relieve poverty’ (Guyana: The government’s vision of development. https://jagan.org/CJ%20Articles/President/Images/4202.pdf).
The present and all future governments would do well to take Dr Jagan’s vision to heart. Bharrat Jagdeo did not become Senior Minister for Finance until 1995 so he may have missed the 1994 State Paper. However, as coordinator of the development of the National Development Strategy, Bharrat Jagdeo knew of Cheddi Jagan’s opposition to handouts, restated on page 4 of the terms of reference for technical working groups, issued by the Ministry of Finance dated 08 June 1995 (https://www.cartercenter.org/documents/1188.pdf ). I do not recall any repudiation by now-Vice-President Jagdeo of the Jagan philosophy.
Yours truly,
Janette Bulkan
(Cheddi Jagan repudiated the handouts mentality)
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Jun 24, 2026
By Rawle Toney Kaieteur Sports – Newly appointed Guyana Men’s National Basketball Team Head Coach Alan Walls wasted little time settling into his new role, arriving in Guyana last Friday and...Jun 24, 2026
(Kaieteur News) – There was a time when a young man receiving his first pay packet did not suddenly transform himself into an international financial expert. He did not rush to buy expensive sneakers, upgrade his cellphone, or begin offering investment advice to people twice his age. In those...Jun 21, 2026
By Sir Ronald Sanders (Kaieteur News) – I have spent a decade in the councils of the Organization of American States. I have watched governments come and go, seen some crises handled well and others handled badly, sat through more commemorative meetings than sessions discussing pressing issues,...Jun 24, 2026
Hard Truths by GHK Lall (Kaieteur News) – The Guyana Development Bank (GDB) has generated much excitement. Not yet fully airborne, but still stirring considerable interest. Guyanese sit, wait, smile. They are ready. One set anticipates what’s in it for them. To get them off the...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: glennlall2000@gmail.com / kaieteurnews@yahoo.com