Reply to "IMF Report on Guyana April 2016"

Former Member

Billy Ram Balgobin posted:
In short, the do nothing approach of the PNC accounted for the stability in the economy.
Excellent point by DrugB.

Jagdeo's ass would have been grass too. The economy that the PPP left is the economy which presently exists. The risk factors in the economy remain intact.

The problem is that there is no thinking about how the economy can move beyond where the PPP left it. Not that there is some rampant destruction of what the PPP left. The PPP left Guyana's World War II economy intact. Extreme dependence on commodity prices, which are beyond Guyana's control, and minimal value added processing in Guyana to mitigate its impacts.

9/12/162:34 PM

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