ksazma posted:Django posted:ksazma posted:Django posted:ksazma posted:Greenidge was Finance Minister between 1983 and 1992, the most dismal economical years in Guyana's history.
Incorrect !!! after Burham demise in 1985. Hoyte change the course of Guyana Economy , which continued after 1992.
Two questions;
1. Was or was not Greenidge the Minister of Finance between 1983 and 1992?
2. Was or was not Guyana in its worst economic condition between 1983 and 1992?
How the heck it's the worse when the ERP was implemented and was on a path to recovery, which did materialize. Read up on the PNC tenure of office the period of good and the bad instead of lumping all together. The same goes for the PPP there was good and bad periods.
My friend, your response did not answer either of my questions above.
But coming to the ERP. That was not Hoyte's or Greenidge's brainchild. That was imposed on Guyana by the IMP in 1989 when the IMP imposed a steep penalty on https://www.google.com/url?sa=...eXeWBU9oXqlnsLGuyana by devaluing it's currency some 2000% from $4.30 per 1USD to about $89. per 1USD. At the same time they imposed the ERP on Guyana.
Even America has good and bad periods but 1983 and 1992 is the worst economic period in Guyana's history.
Link above is a brief summary of the ERP . The original document have more details.