14% WATER AND ELECTRICITY TAX SPARKS OUTRAGE

vat-7News that the APNU+AFC Government intends to institute a 14% Value Added Tax (VAT) charge on electricity consumption over $10,000 and on water consumption over $1,500 has been greeted with outrage. Finance Minister Winston Jordan made the announcement during his presentation of the 2017 Budget in Parliament on Monday. Continue reading 14% WATER AND ELECTRICITY TAX SPARKS OUTRAGE

2017 BUDGET WORST EVER – OPPOSITION LEADER

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In his initial reaction to the 2017 Budget presented in Parliament on Monday by Finance Minister Winston Jordan, Opposition Leader Bharrat Jagdeo said it was the worst he has ever had to sit through.

 The former President, who was at the time giving his reaction during a press conference immediately after the presentation, remarked that the Budget will kill the private sector and unleash untold hardships on the nation. Continue reading 2017 BUDGET WORST EVER – OPPOSITION LEADER

BUDGET 2017: ECONOMY RECORDS DISMAL PERFORMANCE IN 2016

graph-decline-1_23Guyana’s economic performance this past year was “dismal”, according to Finance Minister Winston Jordan, and the country has even failed to meet the projected targets that were already revised downwards at mid-year.

The bleak report on the state of the nation’s finances was laid bare in the National Assembly as the Finance Minister on Monday presented a $250 billion Budget for 2017. Continue reading BUDGET 2017: ECONOMY RECORDS DISMAL PERFORMANCE IN 2016

FINANCE MINISTER DEEMS CONTINUED INVESTMENT IN SUGAR INDUSTRY AS WASTAGE

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Finance Minister, Winston Jordan, deemed investments in the sugar industry, in its current state, as “wasting” money.

His comments came during his Budget 2017 presentation in the National Assembly on Monday, where he added that $9B will be given to the sector. His comment invited heckles of, “How much you give to DDL (Demerara Distillers Limited)…and now you don’t want to invest in sugar?” Continue reading FINANCE MINISTER DEEMS CONTINUED INVESTMENT IN SUGAR INDUSTRY AS WASTAGE

No $600M Gov’t bail-out for City Hall

dscn9384The Georgetown Mayor and City Council will have to seek other sources of financing as the door appears shut on its request for $600 million Government bailout.

According to the Government Information Agency (GINA) which quoted Communities Minister Ronald Bulkan, the APNU+AFC Government is not in favour of the bailout. Bulkan made this disclosure in Berbice on Friday during a meeting that he held with Mayors and Councillors of the three municipalities – Rose Hall, Corriverton and New Amsterdam. Continue reading No $600M Gov’t bail-out for City Hall

PPP condemns attack against Cuban trained medical practitioners, supports stance taken by student nurses.

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The People’s Progressive Party (PPP) condemned the attack on Cuban trained medical Doctors by Kaieteur News columnist Freddie Kissoon. Over the weekend, Kissoon penned a column in which he questioned the competence of healthcare professionals who benefitted from Cuban scholarships and are currently practising within the state health care system. Continue reading PPP condemns attack against Cuban trained medical practitioners, supports stance taken by student nurses.

Govt blocks PPP motion demanding answers on D’urban Park

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The APNU+AFC Government used its majority on Monday to block a PPP/C motion which sought disclosure on a number of aspects related to financing of the D’urban Jubilee Park.

The motion tabled by MP Juan Edghill, sought to, among other things; have the Government list donors and their contributions in cash and/or kind who contributed to the initial phase and completion of the Jubilee Durban Park Development Project. It also sought to have the House informed whether any and which of these contributions were submitted to the Consolidated Fund. Continue reading Govt blocks PPP motion demanding answers on D’urban Park

Parking Meter contract “beyond a sweetheart deal” – Opposition Parliamentarian

parking-spaces“This is a sweetheart deal; it is actually beyond a sweetheart deal,” was how PPP/C Parliamentarian said, Gail Teixeira described the Parking Meter contract signed between Georgetown Mayor and City Council and Smart City Solutions.

Teixeira was at the time highlighting sections of the contract, which remains unavailable to the public, which raises concerns.

The contract states that if there is ever to be a case of the City’s unilateral termination of the contract, the City must pay a “penalty” equivalent to Smart City Solutions expenses and investments. Continue reading Parking Meter contract “beyond a sweetheart deal” – Opposition Parliamentarian

OP-ED: The only way out is struggle; to stand up and be counted

By Clement J Rohee

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I have neither the power nor the authority to claim to know what was the mental process at work when Ian McDonald penned his recent piece, ‘Confronting power’ (November 20).

But as someone who has laboured in the political vineyard for years and has met with thousands of people during that period, I have discerned the message Ian is urging his readers to take note of. Continue reading OP-ED: The only way out is struggle; to stand up and be counted