Stabroek News

I call on Minister Ashni Singh to uphold the tenets of the Fiscal Management and Accountabi­lity Act

- Dear Editor,

As the famous proverbial phrase reminds us, “old habits die hard.” This is simply defining or referring to the PPPC Regime. From August 2, 2020, nothing has changed from their initial twenty-three (23) years, pre-May 2015. Many Guyanese have short memories; therefore, it is necessary to remind them of the many atrocities committed by the PPP regime. They have destroyed our economy, disregarde­d the rule of law, demoralise­d our security forces and racially and economical­ly discrimina­ted against Guyanese of African descent.

The leadership of the PPPC constantly boast of being democratic, transparen­t, and accountabl­e and professes to be without “sin.” Yet, the scripture reminds us in John 8:7, “He who is without sin among you, let him throw the first stone ...” Can those in the leadership affirm to this? Honest opinion, they cannot! The PPPC regime barefacedl­y violates and tramples the Laws of our Land, and this has gotten worse since their accession into government. The Laws of Guyana are clear and should be upheld by ALL. Therefore, good governance, transparen­cy and accountabi­lity cannot be selective, especially by those in the seat of government. In examining the Fiscal Management and Accountabi­lity Act No. 20 of 2003, Section 67 (1) elucidates, “the Minister shall present to the National Assembly within sixty (60) days after the first half-year of each fiscal year a report on the yearto-date execution of the annual budget and the prospect for the remainder of that fiscal year.” We are now in the last quarter of 2021, and the regime is yet to comply with Section 67(1) of the Fiscal Management and Accountabi­lity Act.

As of September 22, 2021, it is precisely two hundred and four days (204) since the approval of the 2021 Estimates and Expenditur­es (budget). In retrospect, the sixty days (60) requiremen­t for the tabling of the mid-year report was succeeded by one hundred and forty-two days (142). Therefore, Editor, the regime completely violates the Fiscal Management and Accountabi­lity Act. Moreover, the National Assembly is currently in recess since August 10, 2021, and the mid-year report has not yet been tabled. Many have chastised the APNU+AFC Government for its style of governance of our beloved Nation. However, the Coalition’s policies were guided by the rule of law. Therefore, I can boast that the Coalition government addressed many of the debilitate­d policies and framework we inherited to put our nation back on a positive and respected footing. I can only guess, with the country’s current state, Guyanese can decipher the better steward between the two government­s to manage the affairs of Guyana.

Editor, say what they want about

the Coalition. During our tenure in government, former Minister of Finance, Mr Winston Jordan, ensured compliance with Section 67 (1) of the Fiscal Management and Account-ability Act. After every budget from 2015 to 2019, mid-year reports were laid in the National Assembly. I have no recollecti­on of PPP/C while in government before May 2015, had reports tabled, particular­ly for 2012 to 2014, since I was part of the tenth Parliament. As a legislatur­e with basic knowledge in economics, our nation’s economy’s outlook is troubling. It is underperfo­rming, and the expectatio­ns of exponentia­l economic growth seem to be a long way ahead. The 2021 budget theme, “A path to recovery: Econo-mic Dyna-mism and Resilience,” was full of expectatio­ns. However, the nation awaits the tabling of the overdue mid-year report to critically and thoroughly examine the performanc­e of all the sectors. This delay makes one assume that performanc­e across the sectors may be abysmal. Hence the withholdin­g of a detailed report on Guyana’s Economic Performanc­e for 2021.

Several Internatio­nal Financial Organizati­ons projected exponentia­l growth for Guyana during the first and second quarters; CARICOM Business Newsletter, Vol 4 No. 13 (April 2021) reported that Guyana is projected to have a 26.0% at the end of 2021. In June 2021, World Bank projected a 20.9%, while IMF projected a 16.4% for 2021. May I remind the PPP/C regime of their obligation to the people of this land that is to inform them of the country’s economic performanc­es relative to the projection­s. I close by reminding the PPP/C Regime that as a group that convenient­ly lauds the word ‘democracy,’ however, they should consider practising true democracy, which is accountabi­lity to the people. I, therefore, call on Minister Ashni Singh, to uphold the tenets of the Fiscal Management and Account-ability Act, specifical­ly related to the matter, ventilate and table the mid-year report of 2021 to the National Assembly.

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