“No new taxes are not a pos­i­tive in it­self, when you have al­ready de­stroyed con­fi­dence” Jagdeo

Weekend Mirror - - FRONT PAGE -

The

coun­try’s na­tional bud­get will be put to the Na­tional As­sem­bly on Novem­ber 27 and op­po­si­tion Leader, Bhar­rat Jagdeo, is har­bour­ing the hope that the govern­ment “will come with a bud­get that sets out clearly a path­way to growth and de­vel­op­ment and that would have spe­cific ini­tia­tives that will en­hance wel­fare of our peo­ple.”

The Peo­ple’s Pro­gres­sive Party has sub­mit­ted to the Na­tional As­sem­bly a num- ber of pro­pos­als that cap­ture what the Party con­sid­ers worth­while ini­tia­tives to stop the down­ward economic slide, cre­ate wealth, jobs and im­prove the well-be­ing of Guyanese. These in­clude tax re­duc­tion, in­cen­tives for the pri­vate sec­tor, the re­sus­ci­ta­tion of the su­gar in­dus­try, etc.

Op­po­si­tion Leader Dr Bhar­rat Jagdeo told a me­dia con­fer­ence last week that the Op­po­si­tion is hop­ing that these wel­fare is­sues ad­dress the needs of chil­dren, pen­sion­ers, and other vul­ner­a­ble groups.

“I hope that the Min­is­ter of Fi­nance (Win­ston Jor­dan) will come with a bud­get that sets out clearly a path­way to growth and de­vel­op­ment and that would have spe­cific ini­tia­tives that will en­hance wel­fare of our peo­ple,” Jagdeo opined.

The for­mer Head of State is also hop­ing that the bud­get will out­line clear mea­sures to cre­ate jobs in the econ- omy, not­ing that these are press­ing con­cerns of the peo­ple. “Bill­boards don’t work. I won­der how much is be­ing spent on these bill­boards. It’s the con­tent of the bud­get that will mat­ter,” he added.

The Op­po­si­tion is not pre­pared to ac­cept another bud­get sim­i­lar to the ones pre­sented be­fore, which were of­ten times base­less but in­cluded poli­cies to over­tax the Guyanese pop­u­lace.

A prom­ise was made by Min­is­ter Jor­dan that there out­right grants.

Jor­dan said en­trepreneur­ship would have to be the driv­ing force for growth. As many per­sons con­tinue to ap­proach Govern­ment for jobs, they would learn to un­der­stand that there are only lim­ited jobs avail­able. “Even the best of Gov­ern­ments tried go­ing into economic ac­tiv­ity, and for the most part it has failed. The lat­est is GuySuCo, and I al­ways say that the one that has kept us go­ing is GuyOil,” he added.

The 2017 Na­tional Bud­get of $250B was the largest pre­sented to the Na­tional As­sem­bly by the APNU+AFC Govern­ment, since as­sum­ing of­fice.

Newspapers in English

Newspapers from Guyana

© PressReader. All rights reserved.