They spend a lot of money to do nothing. Increased wages, increased pensions, traveling abroad, government expenditures, salaries for the army, police force, teachers, and Civil Service. The Finance Minister was trying to do damage control and did a lousy job at it. If the PNC is reelected you will have more of the same. Not enough jobs and businesses to collect taxes from.

Let us compare the above list with the list from the past two administration. Let us know what your findings are? Be fair in your judging.

@Keith posted:

Let us compare the above list with the list from the past two administration. Let us know what your findings are? Be fair in your judging.

If Guyana was a monarchy or a theocracy your argument may be reasonable but since Guyana is supposed to be a democracy anyone not in support of that democracy is on the wrong side of history. Democracy demands that the party with the most votes become the government. Even the Guyana constitution demands that.

@Former Member posted:

If Guyana was a monarchy or a theocracy your argument may be reasonable but since Guyana is supposed to be a democracy anyone not in support of that democracy is on the wrong side of history. Democracy demands that the party with the most votes become the government. Even the Guyana constitution demands that.

If you didn't notice I was not speaking about voting list. 

Someone needs to remind Keith about Thou Shalt Not Steal. 

Guyana witnessed most alarming instances of “squandermania” under Granger administration – Financial Analyst

Jul 20, 2020 News 0 Comments

Upon analyzing statistics recently published by the Bank of Guyana, Financial Analyst, Sasenarine Singh is of the firm conviction that under the coalition administration, Guyana has witnessed the most alarming instances of “squandermania.”

Finance Minister, Winston Jordan

Financial Analyst, Sasenarine Singh

In a letter to the press, Singh highlighted that total current expenditure between April 2015 and March 2020 was $938.3 billion. He was keen to note that this is a 65 percent increase in current expenditure under Granger compared to the previous five years under the PPP/C.
Singh said that this situation can only be described as “squandermania” while noting that it helps to explain why the government’s main checking account – the public deposit at the Bank of Guyana, now has an overdraft of over (minus) $91 billion as at June 24, 2020, compared to real cash left in that account by the PPP/C Government at the end of March 2015 totaling (positive) $15 billion.
Further to this, Singh said it should not escape the attention of the public that there was an 88 percent increase in rental and maintenance of buildings and state-owned properties and infrastructure.
The PPP aligned member also noted that there was a 57% increase in personnel cost which he said was mainly to facilitate a massive army of “high priced political flunkies” all over the state establishment.
The Financial Analyst also expressed with great certainty that when the history books are written and the performance of the political leadership in the Ministry of Finance is evaluated, Singh posited that it will, without question, secure an “F” grade.
While Singh and other stakeholders with close ties to his party share these views, Finance Minister, Winston Jordan recently noted in the press that accusations of “squandermania” are nothing but malicious claims against the Granger administration.
Jordan said that while expenditures have increased, as is to be expected, these have been in the context of strategic plans and developmental needs.
Expounding further, the Finance Minister pointed out that prudent financial management has ensured that the fiscal deficit over the past five years, has remained within the bounds of what is expected of the country at this stage of development.
He was keen to note as well that the Government responded positively to meet the needs of its people, as evidenced by the budgeted numbers for current expenditure growing by 30.1 percent and capital expenditure by 32.8 percent, from 2016 to 2019.
The Finance Minister also pointed out that increases in current expenditure were largely attributed to increases in wages and salaries, old-age pensions and social assistance. Expounding in this regard the economist said, “For instance, total employment costs increased by 40.6 percent in 2019, when compared with 2016, reaching $70.9 billion in 2019, with significant growth in the public sector minimum wage.
The increases led to higher household income, particularly among those earning within the lowest income brackets, thereby reducing poverty. The public sector minimum wage (also) increased by over 70 percent between 2015 and 2019, to reach $70,000.”
In addition to this, Jordan said that expenditure on old-age pensions and social assistance increased by 26.4 percent in 2019 when compared with 2016, reaching $14.8 billion. Jordan also noted that between 2015 and 2019, old-age pensions increased by 56.2 percent to reach $20,500.
With these and other factors in mind, the Finance Minister said that the Government is unapologetic in pursuing a policy to redress the historical wrong and neglect of those most in need.

https://www.kaieteurnewsonline...n-financial-analyst/

Flour boy has been working hard to get a Minister job.

He wasn't flour bai when he almost gave his life like Mitwah in support of evil monsters Moses and Ramjattan ?

Anyway, PPP is going to throw some scraps at him. 

Sase should startup a Go fund me fo buy himself a comb.

@cain posted:

Sase should startup a Go fund me fo buy himself a comb.

  I think he wants the Guysuco top job.

@Former Member posted:

Flour boy has been working hard to get a Minister job.

Me think he is posting on GNI.