Corruption, what will the gov’t do?
Posted By Stabroek staff On December 10, 2012 @ 5:01 am In Editorial |
It is however worth noting that TI’s survey is increasingly well-received globally and a signpost for decision-making by investors.
That is in fact the main thing worth noting here -- Transparency International has very little to do with fighting corruption. It is an instrument of the "investor" community, used to punish nations that do not meekly submit to the demands of the "investors."
There is nothing you or I can do to change that. The fact is the INDEX uses the same methodology across all countries. PPPites can always ignore the index and turn totally to Chinese investments. Welcome to the world of more Skeldons and Moca Moca hydros. PPPites will be repaying debt for things that don't work.
Sorry TK. If it wasn't for Skeldon factory, we would have seen massive unemployment, murders and robberies along the Corentyne. It might not be that efficient now; but time will improve that. It's still employing thousands of people. Because of the Skeldon factory(old and new) Corriverton has been a progressive area on the Corentyne. For the sake of the people of the Corentyne, I hope the factory can live up to it's expectations. I worked at the old Skeldon factory and the Local Accounts Office.
You don't seem to know what the problem is. The government spent almost US$200 mill on a modern sugar factory that would bring down the unit cost of sugar and do other things like co-generation. The fact is the new factory is working just like the old one. No advantage. Is that money well spent? While people are employed it is not achieving the performance targets. If the new is as good as the old, why spend US$200 mill? How much more of taxpayers' money must be spent for making the new better than the old?