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Reply to "Loan discussion"

Prince posted:
yuji22 posted:

PNC keeps digging a hole and bankrupting Guyana. They do not know how to save for a rainy day.

Guyana is never out of debt and may never will. Every country borrows money for infrastructure, social, educational development, etc, and Guyana is no exception to the borrowing rules. Your heading speaks for itself. (Afro-Government). 

Borrowing to invest and borrowing to squander are two different things.  This money is to give the PNC a lil hold on until the oil money starts to flow.  If it doesn't then the PPP will have to figure a way to pay it back.  Like they did in 1992 when they inherited a bankrupt, debt laden country from the PNC.

Bibi Haniffa
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