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From left are economist Elson Low, PNCR General Secretary Geeta Chandan-Edmond and PNCR Chairman Shurwayne Holder

From left are economist Elson Low, PNCR General Secretary Geeta Chandan-Edmond and PNCR Chairman Shurwayne Holder

January 29 ,2020

Source

The People’s National Congress Reform (PNCR) on Friday took aim at the government’s proposed $552.9 billion national budget, saying that it fails to deliver the needed resources to the poor and vulnerable to improve their lives and livelihoods.

“This budget is unfit for purpose, that purpose being the transformation of the lives of ordinary people. This budget is short on delivering resources and services to the poor and struggling masses. The PPP/C’s 2022 national budget fails to bridge the widening gulf between the legitimate expectations of average Guyanese and their daily lives,” PNCR General Secretary Geeta Chandan-Edmond said while reading from a prepared statement at the party’s weekly press conference yesterday.

She added that with the utilisation of the proceeds from oil production, the $552.9 billion budget should have had more measures to address the issues faced by the ordinary Guyanese. Chandan-Edmond said that despite the glowing predictions in budget 2022, there is nothing in it to engender hope.

“We are talking here about millions of US dollars pouring into the national treasury of a country with only 750,000 people. Yet, this government has provided the people with no vision and no comprehensive plan and has demonstrated no sense of urgency to address the plight of the poor, the vulnerable, and the struggling masses of this country.

“The PPP government has offered the Guyanese people no answer because it has none to their persistent question: when will we, the ordinary folks, afford and enjoy a decent and comfortable life? The PNCR believes that this will not happen under a PPP government,” Chandan-Edmond said.

She added that the PNCR is not satisfied with the increase of the income tax threshold to $75,000 since it does not do enough to address the rise in food prices and put more disposable income in the hands of the vulnerable. She countered that with a call for it to be increased to $125,000.

Chandan-Edmond also rapped the government for its failure to announce salary increases for public sector workers as well.

“This same stinginess and small-mindedness is reflected in the way the Budget deals with the University of Guyana. How can a government be serious about economic development and Local Content and yet freeze the budget of UG? The government must also honour its promise to provide free education at the University of Guyana. Is this the future the PPP/C is looking to build? One where education at the highest levels plays a smaller and smaller role?” she questioned.

Meanwhile, the PNCR’s economist Elson Low criticised the government for the reduction in the allocation for the development of small-to-medium businesses. He pointed out that in 2021, $329 million was allocated, while only $300 million is allocated for 2022.

“Let us remind the nation that the PNCR had proposed up to $5 million per business to help them develop and fulfil several development goals, such as the economic empowerment of women and young people. Yes, the budget does promise very small increases and benefits here and there for some. Clearly, pensioners and poor families need to get more dollar bills into their hands this year.

“Our party believes that Guyanese have reached the peak of their impatience with these stingy morsels that are, in any case, eaten up by inflation and will not improve the lives of our people,” he posited.

He called for a comprehensive national development plan, anti-poverty measures, a national poverty survey and measures to increase the income of the most vulnerable among others. He added that the government’s budget also fails to put measures in place to cushion the anticipated impact of projected inflation.

One week earlier the party had outlined proposals for what it called a “people-centred budget’, including the introduction of a tax credit, while lamenting that the main opposition, APNU+AFC, which represents 49% of voters, had been systematically excluded from the consultations that informed the budget.

PNCR Chairman Shurwayne Holder yesterday said that the party is open to dialogue with the government on issues of national importance.

“In the current circumstances we know that the PPP refused to engage us and through our press statements we put out our plans and what we think should be in the budget. I am certain that they’re well aware of it and if they were interested in engaging us, we have expressed that time and time again that we are willing to work with the government in the area of national development and this would be one of them.

“So the onus would be on the government to engage the opposition. They’re the ones preparing the budget and I believe the ball is in their court to engage us formally so that we can share our ideas and plans in the interest of the Guyanese people. We are still open to it. The budget has not been passed as yet and we are still very much open to it,” Holder said in response to questions from the press.

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Budget 2022 is greatest opportunity for transformation of Guyana – President Ali

https://i0.wp.com/www.inewsguyana.com/wp-content/uploads/2022/01/Ali.jpg?fit=811%2C596&ssl=1President Dr Irfaan Ali

Describing it as people-centred, President Dr Irfaan Ali this morning highlighted the many provisions contained in his administration’s $552.9 billion Budget 2022 that will lay the foundation for the massive transformation of Guyana and enhance the lives of citizens.

Budget 2022 was presented on Wednesday and makes provisions for, among other things, reduction of fuel prices, support for dialysis patients, the bulk allocation for specific cost of living initiatives such as increases in old age pension, public assistance, cash grants for school children, incentivising savings in the banking sector, reducing the cost of medical and life insurance, increasing the mortgage loan ceilings, raising threshold to $75,000 and freight cost adjustments that negates the passing on of over $6 billion to consumers.

According to the Head of State, his government’s fiscal plan for this year comprehensively addresses the day-to-day lives of Guyanese while also simultaneously detailing plans for national prosperity, job creation, expanding the economy and enhancing productive capacity.

He said Budget 2022, “… is laying the foundation, establishing the framework through which the development and expansion of our country will take place.”

“Budget 2022 is not only people-centred but it is geared at addressing our productive capacity of our country and every single sector… investment in the human resources that would give us the capability and the potential to develop these sector. Unless we enhance our productive sector and productive capacity, we cannot build a strong economy.We cannot talk about local content, we cannot talk about the economy, we cannot talk about making sectors more competitive if we do not enhance the productive capacity.”

Zeroing in on the agriculture sector, the Head of State explained that his government’s investments are aimed at moving traditional food production and agriculture towards agri-business development and more diversified. This includes building infrastructure to make agriculture more resilient to shocks of climate change as well as attract more young people into the sector.

He noted that in order to encourage young people to view agriculture as a viable future, his government is prepared to make the necessary investments to support them especially in the new business areas.

These, according to President Ali, includes expanding in non-traditional crops such as corn, soya bean, coconut, fresh flower and broccoli, which he noted are high-value products that will bring tremendous returns and enhance Guyana’s agri-portfolio.

“The investment that we are making now in these sectors, you will see the full benefits and returns in 2 to 3 years… It’s putting things in place to get us in that direction,” he stated.

According to him, the aim is to integrate “agriculture as a main component” of the country’s diversified economy.

President Ali also spoke about the specific interventions to support traditional agriculture industries such as sugar, rice and fishery which he says will support farmers and bring more disposal income to households.

In the area of tourism, the Head of State pointed out that the continued growth that is being seen is an offshoot from the oil and gas sector. To this end, he underscored the need to capitalise on building a sustainable tourism product.

He noted that investments particularly in the training of workers for the hospitality sector is critical in order to make the sector competitive. As such, he said allocations made to enhance and promote “Brand Guyana” are aimed at bringing more traffic here thus resulting in foreign spending in the country and will see many small businesses benefiting.

The Head of State also spoke of ICT development in the country, particularly in hinterland communities so that they can be up to speed with the rest of the country.

Turning his attention to energy, the president posited that energy security will create opportunities for a diversified economy, job creation and enhanced living for citizens.

“Imagine what a reduction of 50% in our energy cost will do for you. Imagine how it will enhance your life, more disposal income. Imagine how many jobs will be created during and after construction of our hydro and natural gas energy facilities. Imagine what our new shorelines will look like… Budget 2022 brings that imagination to life as the seeds are now [being] planted to realise all of this,” he stated.

President Ali further outlined that the impact other significant investments such as improving infrastructure across the country and reducing traffic congesting will have on businesses and families.

“This is now the budget impacts  ordinary people, not by false pens inking negative propaganda to achieve self-serving goals. But by hardcore, structural-targeted policies and programmes that enhance the lives of Guyanese. The hundreds of thousands of persons who will benefit from new highway roads and bridges that will reduce travel time, and wear and tear of vehicles are the ones who will understand how this budget touches their lives, and they are the ones Budget 2022 is designed to help.”

“No doubt, this is the greatest opportunity for the transformation of our country,” President Ali asserted.

FM

Elson Low, Geeta Chandan-Edmond and  Shurwayne Holder suffering from memory loss. Dem forget how dem give them selves a 50% raise for doing nothing. Dem forget how dem teck away dem likkle skool children dem money. Dem forget how dem put VAT on water, medical fees, school fees and feminine tampons.

Dem really look like the Guyanese 3 stooges.

Mitwah
@Mitwah posted:

Elson Low, Geeta Chandan-Edmond and  Shurwayne Holder suffering from memory loss. Dem forget how dem give them selves a 50% raise for doing nothing. Dem forget how dem teck away dem likkle skool children dem money. Dem forget how dem put VAT on water, medical fees, school fees and feminine tampons.

Dem really look like the Guyanese 3 stooges.

From left are economist Elson Low, PNCR General Secretary Geeta Chandan-Edmond and PNCR Chairman Shurwayne Holder

From left are economist Elson Low, PNCR General Secretary Geeta Chandan-Edmond and PNCR Chairman Shurwayne Holder

January 29 ,2020

Source

Perhaps you are correct, Mitwah ...

Dem look like Lampee, Poopee and Pampee ...

FM

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