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WHEN President Bharrat Jagdeo pointed to the positive fiscal results of the local economy, during the first half of 2011, it revealed that what those who oppose and the negative critics were and are still saying are mere far-fetched figments of their imagination. So instantly, one can deduce that Guyana’s economy is being built by hard and astute work from the leaders. Also, the hope is that this kind of news will not be made light of. The populace must be informed. During the past six or seven years, Guyana has been on a significantly elevated growth curve, and this news is pleasant, but not surprising. But why this is so? This is so because over the last five years, the climb has been slow but sure and steady. So this 5.9 percent growth is symptomatic of faith in wise investments and long-term strategies. The local exports actually jumped by 30 percent. So this is something to really shout about. After all, in many parts of the world, economies are struggling, and inflation is difficult to combat. I do think some details are in order here:

The non-sugar sector is projected to grow at 3.4 percent, revised upward from the original projection of 4.6 percent and 2.8 percent at the time of the budget of 2011. Export earnings expanded by 34.6 percent to US$533.1 million. In fact, Export earnings from sugar increased by 32.4 percent to US$50.1 million, reflecting a 30.4 percent increase in quantity shipped to 99,738 tonnes.

Rice continued its trend of successful first crops, with the 2011 first crop being 207,514 tonnes, 23 percent higher than at the corresponding period in 2010, and the highest first crop in the industry’s history. So rice export earnings expanded by 35.1 percent to US$92.6 million, mainly attributed to a 26.4 percent increase in average export price to US$551.4 per tonne, coupled with a 6.8 percent increase in export volume to 167,945 tonnes. So the leap is most salutary and very welcomed. But a word of commendation must go to the β€˜behind the scene’ people.

Guyana’s improved performance is due mainly to investments and innovations in drainage and irrigation, the development of new and more tolerant rice strains, higher yields and higher acreage of paddy planted. These facts must not be taken for granted. To reach this far and reap these kinds of results, one must remember the hard work of the leaders. This is where people can now be hopeful that Guyana’s future is beginning to look very secure. In other words, people do not have to panic and leave in droves. Right here in Guyana, a solid living can be made.


Gerhard I know your conscience will be your guide and you will endorse the P.P.P/C....
FM
quote:
Originally posted by albert: Gerhard I know your conscience will be your guide and you will endorse the P.P.P/C....
albert, you don't seem to have a conscience. For all the money you are being paid, one day, albert, one day you will feel shame for what you have done to the people of Guyana. I believe this day will come sooner rather than later.
FM
quote:
WHEN President Bharrat Jagdeo pointed to the positive fiscal results of the local economy, during the first half of 2011, it revealed that what those who oppose and the negative critics were and are still saying are mere far-fetched figments of their imagination. So instantly, one can deduce that Guyana’s economy is being built by hard and astute work from the leaders. Also, the hope is that this kind of news will not be made light of. The populace must be informed. During the past six or seven years, Guyana has been on a significantly elevated growth curve, and this news is pleasant, but not surprising. But why this is so? This is so because over the last five years, the climb has been slow but sure and steady. So this 5.9 percent growth is symptomatic of faith in wise investments and long-term strategies. The local exports actually jumped by 30 percent. So this is something to really shout about. After all, in many parts of the world, economies are struggling, and inflation is difficult to combat. I do think some details are in order here:

The non-sugar sector is projected to grow at 3.4 percent, revised upward from the original projection of 4.6 percent and 2.8 percent at the time of the budget of 2011. Export earnings expanded by 34.6 percent to US$533.1 million. In fact, Export earnings from sugar increased by 32.4 percent to US$50.1 million, reflecting a 30.4 percent increase in quantity shipped to 99,738 tonnes.

Rice continued its trend of successful first crops, with the 2011 first crop being 207,514 tonnes, 23 percent higher than at the corresponding period in 2010, and the highest first crop in the industry’s history. So rice export earnings expanded by 35.1 percent to US$92.6 million, mainly attributed to a 26.4 percent increase in average export price to US$551.4 per tonne, coupled with a 6.8 percent increase in export volume to 167,945 tonnes. So the leap is most salutary and very welcomed. But a word of commendation must go to the β€˜behind the scene’ people.

Guyana’s improved performance is due mainly to investments and innovations in drainage and irrigation, the development of new and more tolerant rice strains, higher yields and higher acreage of paddy planted. These facts must not be taken for granted. To reach this far and reap these kinds of results, one must remember the hard work of the leaders. This is where people can now be hopeful that Guyana’s future is beginning to look very secure. In other words, people do not have to panic and leave in droves. Right here in Guyana, a solid living can be made.



The goons needs to take their head out of the sand....Guyana's economy is steadily growing
FM
quote:
Originally posted by albert:

The goons needs to take their head out of the sand....Guyana's economy is steadily growing


How many jobs have been created since 200 from investments encouraged by the PPP. Forget housing as that is paid for by money laundering and remittances. Surely no $350/month teacher or $200/month cop can afford much.
FM
Teachers are set to receive a comprehensive benefit package, including a 5% increase in salaries retroactive to the start of this year, in a five-year deal reached yesterday between the Guyana Teachers’ Union (GTU) and the Ministry of Education.

Colin Bynoe, the President of the GTU, hailed the package as a giant leap forward for teachers at a time when several governments, including those in the Caribbean, are cutting back.

The 5% increase in salaries will be effective for five years, including this year. But it was more than the increase in salaries that the Union was excited about.

Minister of Education Shaik Baksh said that the benefit package includes a scholarship programme for teachers and will give priority to those who want to pursue Mathematics and Science.

Bynoe said that this scholarship programme was important as it will help to provide an incentive for teachers not only to improve their education, but to stay in Guyana, thus reducing the need to employ Mathematics and Science teachers from outside the country.

Minister Baksh said that it is the government’s intention to have 90% of teachers trained by the end of 2015 and as their education level improves, so will their remuneration. He added that the Ministry is encouraging teachers to pursue studies at the Post Graduate level.

The Union was particularly excited about one of the clauses in the agreement that would seek to correct the irregularities with teachers’ salaries, whereby a teacher who had just entered the system receives the same pay as a teacher who would have been serving for 10 years or so.

As a result, $50 million has been set aside to address the issue in the interim.
The package of duty-free concessions for teachers is also slated to be expanded. Currently, only certain categories of head teachers are allowed duty-free concessions to buy a vehicle, but Baksh said other categories of teachers are being earmarked for inclusion.

Teachers are also set to receive an increase in their uniform allowance from $6,000 to $8,000.
Baksh announced movement with discussions to increase home-ownership opportunities for teachers who particularly need.

The President of the Union noted while teachers have to β€œline up” and apply for house lots as everyone else does, 100 house lots will be set aside to be allocated to teachers every year. These, the Education Minister added, will be given to teachers with pressing needs in all regions of the country. These teachers will be determined by the Union.

In addition, a revolving housing fund for teachers could kick in by May 31. The Fund currently stands at $200 million, but Baksh said $40 million will be added every year over the next five years. Teachers would be able to access the Fund to build their own homes.

In an effort to encourage more teachers to move to the Hinterland, a comprehensive package includes a $30,000 per month housing grant, and a travel allowance for teachers, their spouses and children under age 18 to travel to the Coast every term on a return trip. They are also provided with additional benefits that come with the Remote Teacher’s Incentive scheme.

The two parties also agreed to set up a Joint Committee that will review performance of school boards.

The Minister of Education said the package will no doubt redound to the benefit of all teachers. He said the package also represents the government’s commitment to not only improve the salaries of teachers but their overall wellbeing.

The Teachers’ Union said the negotiations were tough, but its president opined that what has been arrived at is a package that allowed the Union to not only maintain high ground but to climb to higher grounds than the previous 5-year agreement.

Bynoe said the Union was also pleased that the agreement would be reviewed within a year.


The Guyanese Teachers also enjoys better teaching environment
FM

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