Ramotar administration was forced to draw down the gross international reserves by some US$200.9 million from US$834.9 million to US$634.0 million over the year to September 2013 to finance the overall deficit.  

Moses V. Nagmootoo is ON the money.  Whey the money gone?????

You all help me with the maths here, a lil old now, but isn't that a 25% reduction in the international reseves.  In one swoop a quater of our saving gone forever???

This PPP when it leaves office is on schedule to leave the treasury as empty as the PNC when they cleaned up the Bank in 1991.

Guyana’s foreign reserves plummet, money depreciates

The Central Bank’s third quarter report for 2013 review revealed that gold, diamond, rice, and lumber output increased, while sugar, fish, poultry and bauxite output declined.
Compared to an overall surplus of US$57.8M in the third quarter 2012, a Balance of Payments deficit of US$220.4M was recorded in the third quarter of 2013, which would have contributed to the steep decline seen in the level of net international reserves.
On January 31, 2014, the exchange rate stood at G$208.44: US$1.00, up from an average of G$205.42 : USD1.00 in September 2013.
The International Monetary Fund expects growth to soften to 4.3 per cent in 2014, down from 4.8 last year.

The PPP LIED to the IMF in 2013.  This was from the IMF Report

They told the IMF that they will have "larger disbursements related to an ambitious public investment program and resilient FDI, gross international reserves are projected to remain adequate at 3.6 months of imports.”

Well the Foreign Direct Investment FLY away and the big projects all stalled because of the KICK backs and mal-administration by the PPP.

Uneduacted low class people like Mr Rohee, Mr Jagdeo and Mr Ramotar cannot run a country.

Moses asking some hard questions here?

Dem is de questhuns he gat foh ask and educate de worker dem. He cyant allow de loud mout populists to derail de message and fall foh de PPP tiger trap. Get two mo protests and kill people and see if PPP na goh capitalize pun de propaganda. When AFC naming Moses? Dem betta do it soon.

Rummouthar trying to make a big haul before they kick him out.