Rev, it is a myth that GDP growth accounted largely by price movements in your exports is what you can call "positive growth".
KariMullah:
* Since we are talking of GDP, I wish to make it clear that I fully agree with Simon Kuznets, the creator of the GDP, who once wrote "the welfare of a nation can scarcely be inferred from a measurement of its national income as defined by the GDP--goals for more growth should specify of what and for what."
* Having said that, no one can deny that Real GDP growth rates in Guyana the past 9 years have been positive. Here are the numbers:
GUYANA'S REAL GDP GROWTH
2006 5.1%
2007 7.0%
2008 2.0%
2009 3.3%
2010 4.4%
2011 5.4%
2012 4.8%
2013 5.2%
2014 3.3% --estimated
2015 3.8% --est
* Do you see those REAL GDP Growth numbers for Guyana Mullah ?
* You are free to chat about "myth" and what have you---you'll get no arguments form the Rev.
* But in the coming 5 years we'll take a look at the Real GDP growth rates under the PNC/AFC and make a comparison with the PPP years.
Rev