Copy of IMF Report on Guyana April 2016,pdf file can be downloaded.
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Rass bai, like things slow, you digging up reports from 5 months ago
Drugb posted:Rass bai, like things slow, you digging up reports from 5 months ago
Why not. You all spend all day screaming about lazy black people wasting money. The report is mainly positive and in fact CONTRADICTs the notion that money is being wasted more than it was before, and that national debt has increased.
SHIT HEADS usually get fooled quite easily.
Drugb posted:Rass bai, like things slow, you digging up reports from 5 months ago
Nah bhai,i post to blast alyuh r@ss when you all making up the numbers,have you noticed what the gov't plans for moving the country forward and sujestions about Amelia and GUYSICKO.
Nehru posted:SHIT HEADS usually get fooled quite easily.
Yeah boss the IMF ah kanta org.
All the PPP lies spread on GNI by Nehru about the economy have turned out to be false. Nehru, is it the bottom of a rum bottle you consult for news on the economy?
I don't believe that either T or django took the time to read the article. Else both would temper their praise of the PNC. In short, the lower oil prices and increased revenue from the profits from petrol(as govt did not lower local fuel prices accordingly) is holding up the economy, together with their failure to lower vat and increased gold production. In short, the do nothing approach of the PNC accounted for the stability in the economy. A closer inspection of the article will show that if the price of oil rises back to 2014 levels, Grangers ass is grass.
Lower oil prices have not improved the economy in any country. So that's another dumb PPP economic plan.
Mr.T posted:Lower oil prices have not improved the economy in any country. So that's another dumb PPP economic plan.
Dummy, read where the PNC reap profit on lower world oil price but not lowering gasoline at the local gas stations.
In short, the do nothing approach of the PNC accounted for the stability in the economy. A closer inspection of the article will show that if the price of oil rises back to 2014 levels, Grangers ass is grass.
Excellent point by DrugB.
Mr.T posted:Nehru, is it the bottom of a rum bottle you consult for news on the economy?
No he is having severe psychological problems as he can no longer scream "ahbe pan tap".
caribny posted:Mr.T posted:Nehru, is it the bottom of a rum bottle you consult for news on the economy?
No he is having severe psychological problems as he can no longer scream "ahbe pan tap".
"abhe pan tap" is a big lie told on the Indian people of Guyana.
Billy Ram Balgobin posted:In short, the do nothing approach of the PNC accounted for the stability in the economy.
Excellent point by DrugB.
Jagdeo's ass would have been grass too. The economy that the PPP left is the economy which presently exists. The risk factors in the economy remain intact.
The problem is that there is no thinking about how the economy can move beyond where the PPP left it. Not that there is some rampant destruction of what the PPP left. The PPP left Guyana's World War II economy intact. Extreme dependence on commodity prices, which are beyond Guyana's control, and minimal value added processing in Guyana to mitigate its impacts.
Billy Ram Balgobin posted:caribny posted:Mr.T posted:Nehru, is it the bottom of a rum bottle you consult for news on the economy?
No he is having severe psychological problems as he can no longer scream "ahbe pan tap".
"abhe pan tap" is a big lie told on the Indian people of Guyana.
Short memories I see. Not that long ago you all were screaming "ahbe pan tap, black man time done". And were boasting that Guyana would never again have a black president.
caribny posted:Billy Ram Balgobin posted:In short, the do nothing approach of the PNC accounted for the stability in the economy.
Excellent point by DrugB.
Jagdeo's ass would have been grass too. The economy that the PPP left is the economy which presently exists. The risk factors in the economy remain intact.
The problem is that there is no thinking about how the economy can move beyond where the PPP left it. Not that there is some rampant destruction of what the PPP left. The PPP left Guyana's World War II economy intact. Extreme dependence on commodity prices, which are beyond Guyana's control, and minimal value added processing in Guyana to mitigate its impacts.
The economy of Guyana and its citizens' living standard consistently improved during those 23 years of governance under the PPP. There is nothing factual you pointed to even suggest that Guyana's economy would have collapsed if the PPP was still there. The PPP left office some 15 months ago and already we starting to see layoffs instead of job creation and businesses and citizens paying more in taxes. How can we fairly say that things continue to get better when these facts are so blatant?
caribny posted:Billy Ram Balgobin posted:In short, the do nothing approach of the PNC accounted for the stability in the economy.
Excellent point by DrugB.
Jagdeo's ass would have been grass too. The economy that the PPP left is the economy which presently exists. The risk factors in the economy remain intact.
The problem is that there is no thinking about how the economy can move beyond where the PPP left it. Not that there is some rampant destruction of what the PPP left. The PPP left Guyana's World War II economy intact. Extreme dependence on commodity prices, which are beyond Guyana's control, and minimal value added processing in Guyana to mitigate its impacts.
You really obsessed with Jagdeo, maybe he stole your birth rights. How he come into the picture? He was not even running for president.
But I see you continue to give Granger et al a pass on developing the economy and bringing in new investments. Even you neglected to heed Granger`s call to repatriate and invest.
Billy Ram Balgobin posted:The economy of Guyana and its citizens' living standard consistently improved during those 23 years of governance under the PPP.
Thanks to Hoyte's reforms, recovery of rice under Jagan, and the debt write off of the PNC debt. Nothing to do with Jagdeo.
Nothing of note happened after 2000 and the economy in fact stagnated (except for retail and real estate which benefitted heavily from remittances) until 2007 when higher gold prices led to a resumption of growth.
Gold prices are beyond the control of Guyana and so Guyana then remains vulnerable to commodity price volatility.
Under the PPP there was also growing income inequality.
The IMF confirms that the APNU/AFC have NOT engaged in the wanton destruction that the PPP screams about.
Drugb posted:You really obsessed with Jagdeo,
No you are when you describe the nirvana that he left when we all, including you, know that this is hardly the case. I didn't see you rushing back to Guyana under Jagdeo, who you uncritically praise.
I am here to correct the lies that you and the rest of the PPP perpetrate.
caribny posted:The problem is that there is no thinking about how the economy can move beyond where the PPP left it. .
This is my assessment of APNU/AFC. Given that I don't have a good impression of where the PPP left the economy this is hardly praise.
If APNU/AFC is basically engaged in good house keeping, by reducing public sector deficits, and the national debt, this isn't the economic transformation which Guyana needs.
We already discussed that Guyana became a nation of imports and shopping malls under the PPP. Our manufacturing sector is even worse off than it was under the trying times of the 1980s. Some one listed 30 companies which existed in the 1980s, but were gone by the end of the PPP era.
And the lay offs are the result of a commodity driven economy with minimal value added. Low gold prices mean that the small and mid sized producers are laying off. The large entities are capital intensive. This has ripple effects throughout the economy as consumer expenditures drop.
This is the natural consequences of our World War II economy. In fact there was already increased mortgage defaults starting from 2014, as gold prices declined.
caribny posted:Drugb posted:You really obsessed with Jagdeo,
No you are when you describe the nirvana that he left when we all, including you, know that this is hardly the case. I didn't see you rushing back to Guyana under Jagdeo, who you uncritically praise.
I am here to correct the lies that you and the rest of the PPP perpetrate.
There was no nirvana ever in Guyana. I leave the performance of Jagdeo to the economists to debate when compared to other time periods. It is a wonder the PPP made any progress at all in 23 years considering the interference by the PNC via mo fiah slow fiah, making the country ungovernable and support of criminals, freedom fighters etc.
Now stop with the tired old excuses and get Granger to give you proper talking points. After all you must produce quality work if you are paid by tax payers dollars for spreading propaganda.
Drugb posted:I leave the performance of Jagdeo to the economists to debate when compared to other time periods.
These are the time periods of growth in Guyana.
1964-1975. Strong growth as Burnham invests in infrastructure which was absent during the colonial era. Among this was the MMA project which you PPP frauds will never give him credit.
1976-1985. Encouraged by Cheddi Burnham becomes a communist, nationalizes the economy and fails like all communists do. To his credit at least he allowed us to flee his mess without going to the extremes of most communist regimes who shoot and kill any who wish to defect. Everything that Burnham achieved in his first period was wiped out. His square pegs achieve in "peace" what it takes most nations to attain with a civil war.
1985-1990. Hoyte takes over and battles with Burnhamists like Hammie Green and Viola B. Lacking a constituency within the PNC it takes him a while to sideline the hardliners.
1990-92. Hoyte reforms free up the economy and arrests the decline. These reforms also prevent Jagan from implementing his Marxist nonsense.
1993-2000 Economy continues to grow with expansion of rice, debt forgiveness allowing repair of the neglect of the infrastructure under Burnham. Hoyte's reforms and foreign investment boosts the economy.
2000-2007. Jagdeo takes over. The Hoyte reforms have run their course. Guyana becomes a narco fueled economy with a substantial underground economy and extreme dependence of remittances. Stagnation in the productive sectors. Bubble economy develops in real estate due to money laundering and remittances, which drives real estate costs beyond the means of most Guyanese. Like all bubbles it eventually pops around 2014 when gold prices drop significantly.
2008-2013. Economy grows due to tremendous increase in gold prices. Gold, normally generating less export earnings than sugar, rice, or bauxite, not only surges forward but accounts for over 50% of exports by value.
2014-2016 Gold prices drop. Many smaller producers forced out. Economy slows and mortgages begin to sour as the underground economy begins to dry up. Guyana has the SAME economy in 2016 that it had in 1946.
This is a comparison of the various eras of Guyana. I will give credit to Hoyte for the recovery, and to Jagan for allowing Hoyte's reforms to continue, and for revitalizing the sugar and rice industries.
Jagdeo has destroyed the sugar industry and much of the manufacturing base, with his laissez faire import strategy which aimed to help his oligarch friends who speculate and not invest. He also encouraged rice farmers to plant more without assisting them to be sustainable by being able to compete in the Latin American rice markets. Guyana's costs are high and Jagdeo got the farmers drunk on MadBURRO crack, which was NEVER sustainable.
Even as Jagdeo screams I hear not ONE innovative suggestion from him about what the government ought to do. His role as the Leader of the Opposition is to develop ideas and to insist that the government consider them.
Now stop with the tired old excuses and get Granger to give you proper talking points. .
What excuses do I have for Granger. I already said that they are pedestrian, mundane and unimaginative book keepers who lack the intelligence to move Guyana beyond the 1946 economy which the PPP left.
But the truth is that they are NOT wasting money, or running up debt as evidenced by the IMF report.
Look at the Granger gov't for what it is, and pull your head out of your racist cesspit by comparing him to Burnham, when he lacks the ability to do so. Granger is a front man. He lacks charisma, and leadership, which is why Harmon remains so entrenched despite his open corruption.
If you want to compare Burnham look to Jagdeo. What saved Guyana is that the market based economy we have, thanks to Hoyte, prevented him from doing to the entire nation what he did to GuySICKO
When you people speak of Hoyte and economic reforms you are making it sound like he was the one who invented the free enterprise system. Contrary to what many you hold as gospel of the PNC leader the nation socialist transformation in the seventies was planned and orchestrated by Desmond Hoyte. He was a passionate socialist like Burnham. No wonder Burnham left him in charge of the nation to carry on his cooperative socialist program. When Hoyte was sworn in as president the same evening he immediately pledged to continue the socialist policies of the comrade leader.
However, the pain and suffering on the people was so intense in addition to a completely broken economy the gov't went on begging spree and was forced to seek advice from outsiders. The Canadians and the Americans pressured the Hoyte gov't. to make economic reforms and later electoral reforms, both of which would helped Guyana move on to path of democracy and prosperity. Thanks to international pressure on the Hoyte regime. He rigged one election but was not lucky to rig a second. This angered him so bad that it aggravated his health and triggered and early heart attack.
Guyanese have been overly informed about the leftist direction of the PPP, but little have been said publicly about PNC's leftist direction which brought disaster to the nation. Indians have said enough of the PPP and its controversial ideology. It's about time Africans, like Carib, come out and speak about the rascality of the PNC and its crazy play with socialism. Let's hear it!!!
Billy Ram Balgobin posted:When you people speak of Hoyte and economic reforms you are making it sound like he was the one who invented the free enterprise system. Contrary to what many you hold as gospel of the PNC leader the nation socialist transformation in the seventies was planned and orchestrated by Desmond Hoyte. He was a passionate socialist like Burnham.
And of course we have Janet and Cheddi, card carrying Marxist Leninists, who had orgasms of glee when Burnham abandoned his left of center ideology and moved aggressively to control the "commanding heights of the economy".
Why do you like to forget this fact? Or the fact that, while Cheddi condemned the USA in Vietnam, he became as giddy has a cheer leader in front of the captain of the football team when USSR invaded Afghanistan.
Hoyte saw the error of this and moved to change. Lucky he did because in 2000 the PPP was still calling itself a Marxist Leninist party. Thank God they came to power after the Hoyte reforms, and so couldn't implement their plan. Had Burnham lived long enough to have set up that unity government with Jagan, and then Jagan succeeded him as president Guyana would have instantly become another Cuba.
Hoyte did not have one ounce of socialist economic thought in his time as a politician. The Americans and Canadians had nothing to do with the reforms Hoyte initiated. The IMF and World Bank reforms started under Burnham due to the balance of payments situation of Guyana. Burnham did not follow a lot of the guidelines. Hoyte embraced these and then some. Note that the Cheddi Jagan Administration benefited from the debt write-off by the Paris Club. The Jagdeo Administration got relief through the HIPC initiative and had some debt write-off as noted in the IMF country report. So basically debt write-offs played a role in two Administrations (Cheddi and Jagdeo) while both the Burnham and Hoyte regimes had to make painful reforms without such benefit - like currency devaluations and restrictive government spending (that affected importation).
caribny posted:most nations to attain with a civil war.
Jagdeo has destroyed the sugar industry and much of the manufacturing base, with his laissez faire import strategy which aimed to help his oligarch friends who speculate and not invest. He also encouraged rice farmers to plant more without assisting them to be sustainable by being able to compete in the Latin American rice markets. Guyana's costs are high and Jagdeo got the farmers drunk on MadBURRO crack, which was NEVER sustainable.
You are giving Jagdeo too much credit. Did he also destroy the sugar industry in the rest of the Caribbean? The sugar industry was already on its way out, he only delayed the inevitable and followed bad investment ideas from Booker Tate. This laissse faire import strategy is called capitalism which we have in the US. Indeed you have Jagdeo stuck in your craw, maybe if you drink a glass of water it will flush him out.
Kari posted:Hoyte did not have one ounce of socialist economic thought in his time as a politician. The Americans and Canadians had nothing to do with the reforms Hoyte initiated. The IMF and World Bank reforms started under Burnham due to the balance of payments situation of Guyana. Burnham did not follow a lot of the guidelines. Hoyte embraced these and then some. Note that the Cheddi Jagan Administration benefited from the debt write-off by the Paris Club. The Jagdeo Administration got relief through the HIPC initiative and had some debt write-off as noted in the IMF country report. So basically debt write-offs played a role in two Administrations (Cheddi and Jagdeo) while both the Burnham and Hoyte regimes had to make painful reforms without such benefit - like currency devaluations and restrictive government spending (that affected importation).
Hoyte was a key man in Burnham's gov't when it comes to formulating economic policies and drafting the controversial 1978 constitution. I don't know how you could stand up proudly and deny the facts about this man's role in the gov't. and his socialist-orientated mindset. It is certainly true that he began espousing free market policies during his time in gov't. especially during the 1992 elections campaign. He exaggerated his commitment to damper the PPP, but the opposition was doing the same about strengthening the private sector and making the engine of economic growth.
During those years in the seventies the gov't invested US$200 into national service which was more a military and ideological program to build support for the comrade leader LFS Burnham. Hoyte was not only the finance minister at that time but part and parcel of this major ideological stunt the PNC was pulling off. Show us one article written by Hoyte during his time in the PNC that touted free market as the solution or attacked the socialist program of the PNC?? If you can show us some evidence of his independent thinking we will be more than happy to look at it.
It is funny how the pnc supporters praising this report when in 2014 they slammed it.
APNU slams IMF team for âfairytaleâ reports on Guyana
Nov 13, 2014 News 0 Comments
By Kiana Wilburg
On Tuesday, A Partnership for National Unity (APNU) recently met with the Article IV Mission from the
International Monetary Fund (IMF).
The APNU representatives were brutally honest when they informed the IMF team that while the organisation seeks opinions on the economic and social status of the country annually, the reports seem to be âdivorced from reality.â
The APNU team admitted that it had never been this candid with the Article IV Missions before. The APNU team felt that if the reports are not going to reflect a complete picture of the economy, then there was little point in having the discussions.
Some parts of the report had the characteristics of a âfairytaleâ, APNU said.
The IMF team is currently on a mission to gather material on the economic and social developments since the last mission.
The IMF, with which the Peopleâs National Congress had built very good relations in the course of implementing the Economic Recovery Programme between 1988 and 1992, covers188 countries.
It works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
The IMF Mission also met with the Alliance For Change (AFC).
APNUâS Carl Greenidge, who serves as the finance and planning point man, told Kaieteur News that accompanying him to that meeting was the advisor to the leader of the Opposition, Lance Carberry, and the Shadow Minister for Local Government, Ronald Bulkan.
Greenidge stated that the meeting with the IMF team is routine. After the information gathering process is completed, the team then reports to the IMF Board with recommendations.
Greenidge said that over recent years, the IMF team would note the concerns of the opposition but few if any of these, would be reflected in its report to the Board level, and even in its published edition.
âYou get the impression that they visited a different country. Most of the issues we raised with them are missing from the report.â
The former finance minister said that the 2013 IMF Article IV Mission report highlighted all the financial and economic positive developments in Guyana including growth rates.
âHowever, it seemed completely blind to the problems bedeviling the country and threatening the very sustainable growth that it spoke of.â He said that the IMF team was told that the report, after examination of its content, was one-sided.
Greenidge said that the team told the IMF contingent that its reports fail to reflect the concerns and controversy over workersâ right to collective bargaining, the dramatically escalating incidence of corruption and its impact on the countryâs performance under the index and report on the âEase of doing business in Guyana.â
The politician said that the growing scale of poverty was also brought to the attention of the members.
The APNU Parliamentarian said that the IMF reports pay little attention to the absence of good governance, and the unfair allocation of state assets and widespread abuse of fiscal concessions.
âWhen the (IMF) fails to pay attention to these matters, it comes as a surprise to the Board to know that we are in this kind of constitutional crisis. âThe team asked us to comment on the current political climate, since the prorogation of parliament and we told them about our concerns and the implications of this Governmentâs approach to the Anti-Money Laundering and Financing of Terrorism Bill.
âWe also registered our concern about the neglect of the National Poverty Reduction Strategy, which seems to have been forced to yield priority to the National Competitiveness Strategy.
âThis shouldnât be the case. We also spoke about the unemployment rate, the need for job creation, and the implications of the failing National Insurance Scheme for the conditions for workers. It was a very candid presentation by us,â said Greenidge.
He said that the IMF team seemed more interested in talking about the Amaila Falls Hydropower facility and the Anti-Money Laundering and Countering the Financing of Terrorism Bill.
Greenidge said that while he informed them that the political opposition has no problem in principle with a hydro project, he emphasized that there were specific and major concerns about the Amaila project.
He said that every major investment project undertaken by the PPP Government has been characterized by corruption and illegalities and as such, the opposition has been justifiably intense when it comes to scrutiny.
He made reference to three major governmental projects, the Specialty Hospital, Marriott Hotel and the Skeldon Sugar Factory.
The government is in a habit of misrepresenting the facts about the objectives and importance of such projects.
He told the IMF delegation that the government continues to spend money on certain projects even though the Opposition in the National Assembly has called on it to not do so. As a consequence, Greenidge related that it is now facing many financial and technical issues.
The politician also stressed to the contingent that for the Amaila Hydro Project to be successful, it must be well packaged or it would bring down the whole economy.
As for the Anti Money Laundering Bill which the IMF team seemed keen to defend, Greenidge said that he pointed to the members, the number of technical issues that must be given due attention if the Bill is to have any power once passed.
He explained the thinking behind objections to the draft Bill.
Greenidge concluded that previous discussions had never been conducted with the IMF members in such a candid manner.
Bulkan, another4 member of the APNU delegation, said that APNU also made known concerns about widening income disparities, lack of accountability, issues relating to public procurement, discrimination in public policy, skewed priorities in infrastructure investment, and the deteriorating education system.
He too sought to underline the fact that the IMF reports are largely divorced from reality and that there is need for more objectivity since many ordinary hard-working Guyanese are suffering.
Drugb posted:caribny posted:most nations to attain with a civil war.
Jagdeo has destroyed the sugar industry and much of the manufacturing base, with his laissez faire import strategy which aimed to help his oligarch friends who speculate and not invest. He also encouraged rice farmers to plant more without assisting them to be sustainable by being able to compete in the Latin American rice markets. Guyana's costs are high and Jagdeo got the farmers drunk on MadBURRO crack, which was NEVER sustainable.
You are giving Jagdeo too much credit. Did he also destroy the sugar industry in the rest of the Caribbean? The sugar industry was already on its way out, he only delayed the inevitable and followed bad investment ideas from Booker Tate. This laissse faire import strategy is called capitalism which we have in the US. Indeed you have Jagdeo stuck in your craw, maybe if you drink a glass of water it will flush him out.
The Skeldon Sugar factory is Jagdeo's goadie, not anyone else's. Booker Tate even advised him against choosing the Chinese contractor with no experience in building sugar factories but of course the kickback was too big for Jagdeo to refuse.
http://www.stabroeknews.com/20...ed-guysuco-woes-coi/
From its inception, the Skeldon sugar modernisation project proved to be an enormous financial burden on GuySuCo and the government ignored advice from the companyâs manager, Booker Tate to fire controversial Chinese contractor, CNTIC, according to the report of the Commission of Inquiry (CoI) into the industry.
The Chinese-built Skeldon factory has been seen as a major millstone around the industry and there have long been questions about the wisdom behind the project and the choice of the contractor, China National Technology Import and Export Corporation (CNTIC).
Tabled in the National Assembly last week, the report of the CoI into the Guyana Sugar Corporation (GuySuCo) addressed these issues.
The report said that GuySuCoâs financial position worsened with the âharsh negative impactâ when the Skeldon Sugar Modernisation Project (SSMP) came on stream. The brainchild of former President Bharrat Jagdeo, the project started in 2003, two years after his first full term as President began. Output from the factory has been far below expectations and at a very high cost.
The CoI report said that given warnings by the European Union (EU) that preferential sugar prices would be cut from 2006 and in the following years âit seems, in retrospect, that from a business and economic standpoint, the decision to pursue the Skeldon modernisation project may not have been logical and based on sound considerationsâ................
Drugb posted:It is funny how the pnc supporters praising this report when in 2014 they slammed it.
APNU slams IMF team for âfairytaleâ reports on Guyana
Nov 13, 2014 News 0 Comments
Post the report and let us compare,don't tell me to go look for it.
Billy Ram Balgobin posted:Kari posted:Hoyte did not have one ounce of socialist economic thought in his time as a politician. The Americans and Canadians had nothing to do with the reforms Hoyte initiated. The IMF and World Bank reforms started under Burnham due to the balance of payments situation of Guyana. Burnham did not follow a lot of the guidelines. Hoyte embraced these and then some. Note that the Cheddi Jagan Administration benefited from the debt write-off by the Paris Club. The Jagdeo Administration got relief through the HIPC initiative and had some debt write-off as noted in the IMF country report. So basically debt write-offs played a role in two Administrations (Cheddi and Jagdeo) while both the Burnham and Hoyte regimes had to make painful reforms without such benefit - like currency devaluations and restrictive government spending (that affected importation).
Hoyte was a key man in Burnham's gov't when it comes to formulating economic policies and drafting the controversial 1978 constitution. I don't know how you could stand up proudly and deny the facts about this man's role in the gov't. and his socialist-orientated mindset. It is certainly true that he began espousing free market policies during his time in gov't. especially during the 1992 elections campaign. He exaggerated his commitment to damper the PPP, but the opposition was doing the same about strengthening the private sector and making the engine of economic growth.
During those years in the seventies the gov't invested US$200 into national service which was more a military and ideological program to build support for the comrade leader LFS Burnham. Hoyte was not only the finance minister at that time but part and parcel of this major ideological stunt the PNC was pulling off. Show us one article written by Hoyte during his time in the PNC that touted free market as the solution or attacked the socialist program of the PNC?? If you can show us some evidence of his independent thinking we will be more than happy to look at it.
Hoyte indeed has some culpability in the bad things of the Burnham era. In a similar manner you can say Moses Nagmootoo has some culpability with the Jagdeo era that he criticized. That does not mean that Hoyte (like Moses) agreed with the general stratgic and certainly the tactics used by their bosses. So it should be clear that the PNC of that time was not homogeneous (like the PPP) and there were serious dissenters). There were a Hoyte (liberal) faction, a Hammy (goon) faction and a a Burnhamite faction that kept eyes on the other two factions and at times arbitrating between them (like (Elvin McDavid).
The other point you make is that Hoyte was socialist and you demand to see his writings then. I refer you to internal party debates (documentation of which you nor I are privy to, but was widely known) and his actions when President or the blatantly socialist things that would harm the economy that he fought against (like a 3-tiered foreign exchange rate). I worked with Hoyte on foreign trade and investment and from what I saw and interacted with him he was one of the liberal minds at that level along with Winston Murray, Pat Matthews and Carl Greenidge. Their Economics were not the South-south brand (of Walter Rodney's WPA), or the Jsaganite Moscow orthodoxy or the Burnhamite Maosist (like Kim Il whatever-his-name was).
Kari posted:I worked with Hoyte on foreign trade and investment and from what I saw and interacted with him he was one of the liberal minds at that level along with Winston Murray, Pat Matthews and Carl Greenidge.
Indeed, Desmond Hoyte was one of the liberal minds during those days.
As the Specialist Hydropower Engineer, I have had direct interactions with him when undertaking the hydroelectric power projects for Guyana and the meetings and discussions we have had were always cordial in manner.
Demerara_Guy posted:Kari posted:I worked with Hoyte on foreign trade and investment and from what I saw and interacted with him he was one of the liberal minds at that level along with Winston Murray, Pat Matthews and Carl Greenidge.
Indeed, Desmond Hoyte was one of the liberal minds during those days.
As the Specialist Hydropower Engineer, I have had direct interactions with him when undertaking the hydroelectric power projects for Guyana and the meetings and discussions we have had were always cordial in manner.
Saddam Hussein, Hitler, Mussilini, Ian Smith and BW Botha were all very cordial.
Django posted:Drugb posted:It is funny how the pnc supporters praising this report when in 2014 they slammed it.
APNU slams IMF team for âfairytaleâ reports on Guyana
Nov 13, 2014 News 0 Comments
Post the report and let us compare,don't tell me to go look for it.
The point is, you shouldn't decide to cherry pick the IMF reports. When it is favourable to your regime, you embrace it like the best thing since slice bread. Its all or nothing.
Drugb posted:Django posted:Drugb posted:It is funny how the pnc supporters praising this report when in 2014 they slammed it.
APNU slams IMF team for âfairytaleâ reports on Guyana
Nov 13, 2014 News 0 Comments
Post the report and let us compare,don't tell me to go look for it.
The point is, you shouldn't decide to cherry pick the IMF reports. When it is favourable to your regime, you embrace it like the best thing since slice bread. Its all or nothing.
You got it wrong nothing about cherry picking,i wanted to see what was APNU problem with the 2014 report,i haven't considered the report favorable to current regime,it gives a current standing of the country also some figures when the PPP took over.
Nehru posted:Demerara_Guy posted:Kari posted:I worked with Hoyte on foreign trade and investment and from what I saw and interacted with him he was one of the liberal minds at that level along with Winston Murray, Pat Matthews and Carl Greenidge.
Indeed, Desmond Hoyte was one of the liberal minds during those days.
As the Specialist Hydropower Engineer, I have had direct interactions with him when undertaking the hydroelectric power projects for Guyana and the meetings and discussions we have had were always cordial in manner.
Saddam Hussein, Hitler, Mussilini, Ian Smith and BW Botha were all very cordial.
Nehru, you're devaluing a discussion whose ideas and comments you're not familiar with. As much as Hoyte's late career was marked in opposition by "mo fiah slo fiah" you have to know that he was not all-in on the stuff that went down in he Burnham years. You're a little over the top with the Hitler/Mussolini thing....that's why people here don't take you seriously. While overall Hoyte is tainted with undemocratic associations, he was a man of decency and non-socialist views of the economy. Don't forget he had the shoot-to-kill of those beat-down-the-door bandits order when he took over and he privatized a lot of sectors that Burnham had under State control.
Django posted:Drugb posted:Django posted:Drugb posted:It is funny how the pnc supporters praising this report when in 2014 they slammed it.
APNU slams IMF team for âfairytaleâ reports on Guyana
Nov 13, 2014 News 0 Comments
Post the report and let us compare,don't tell me to go look for it.
The point is, you shouldn't decide to cherry pick the IMF reports. When it is favourable to your regime, you embrace it like the best thing since slice bread. Its all or nothing.
You got it wrong nothing about cherry picking,i wanted to see what was APNU problem with the 2014 report,i haven't considered the report favorable to current regime,it gives a current standing of the country also some figures when the PPP took over.
Read the article that I posted above, thiefman Carl Greenidge stated clearly his reasons for rejecting the report. He said that the IMF visited a different country and then reported. Now it seems that they finally found Guyana.
Drugb posted:Django posted:Drugb posted:Django posted:Drugb posted:It is funny how the pnc supporters praising this report when in 2014 they slammed it.
APNU slams IMF team for âfairytaleâ reports on Guyana
Nov 13, 2014 News 0 Comments
Post the report and let us compare,don't tell me to go look for it.
The point is, you shouldn't decide to cherry pick the IMF reports. When it is favourable to your regime, you embrace it like the best thing since slice bread. Its all or nothing.
You got it wrong nothing about cherry picking,i wanted to see what was APNU problem with the 2014 report,i haven't considered the report favorable to current regime,it gives a current standing of the country also some figures when the PPP took over.
Read the article that I posted above, thiefman Carl Greenidge stated clearly his reasons for rejecting the report. He said that the IMF visited a different country and then reported. Now it seems that they finally found Guyana.