the ppp have their act together like Bollywood,that is why they cannot pass the AML,at least the ppp can supply the hospital with some oxygen

Wah happen you cunny buss when dis fact hit you?

One doesn't have to be a PPP basher or aw PNC lover to objectively look at conditions under the PNC when all these bad things happen.

The PNC rule after Independence inherited the following:

1. A decaying physical infrastructure in drainage and irrigation, roads and hospitals.
2. A volatile commodities market in the 70s (two oil shocks) when sugar guaranteed prices rocketed (before nationalization of both Bookers and Demba) up then down (after nationalization).
3. While cane sugar was being replaced by beet sugar and HFCS, and aluminum was being replaced in much manufacturing by advances in materials science, and new cheap sources of metallic grade bauxite were being discovered, the prospects for Guyana's hard currency earnings plunged.

The foreign currency reserves disappeared, aided partly by poor management and corruption, and no letters of credit were available for short-term financing of imports. The infamous eat-local and produce-local mantra was ill-conceived. Pricing structure for rice industries accessories (fertilizers, bags, etc.) were anemic. 

The informal economy became as big as the formal economy (with implication for tax revenues, etc. and investment decisions).

You see where I'm going with this. The PNC shot themselves in the foot and were dealt with as bad hand.

Now let's examine the PPP.

They inherited a better foreign credit situation when the Carter initiative got the Paris Club members to write off a ton of the PNC's accumulated debt. A liberalization of the economy and banking sector started by
Hoyte's PNC paved the way for a vibrant fore4ign investment under Cheddi Jagan's 4 years as President.

The PPP took over at a time when Guyanese migrant communities in the ABC countries could supplement incomes with remittances. Gold prices took off. Investment expenditure in the petroleum exploration industry. Infrastructure remains troubling. The informal economy (narcotics and its attendant laundering by-product) became as large as the formal economy - wait, that's how I ended the PNC part of this post.

Very objective post Kari. The PNC may have contributed to their downfall but there were also other factors that contributed and you shed light on some. I believe that in their haste to succeed some bad decisions were made which caused them to become more and more desperate leading to poor judgement, because no one ever wants to fail – even more so politicians.

By the same token the PPP has done a horrible job of managing the Guyana economy. They are very lucky that they have come into power at a time when the demand for agriculture products and natural resources are at all-time highs which have lessened the effects of their mismanagement of the economy. They could have used those revenue earned to create a vibrant manufacturing sector, to improve security, to preserve the capital city and in general to create a conducive environment to capitalize on the ecotourism trend.

This is why I think the PNC has a golden opportunity to be the next government. However, they must stay away from the politics of confrontation, they must tangibly focus on reconciliation and they must present a viable economic plan to the nation.