Comments on: After the PPP/C took office in 1992, the privatization process was put on hold http://www.stabroeknews.com/2008/letters/12/11/after-the-pppc-took-office-in-1992-the-privatization-process-was-put-on-hold-2/ Guyana News, Sports, Businesss and Entertainment Sat, 21 Nov 2009 19:31:45 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: GREG http://www.stabroeknews.com/2008/letters/12/11/after-the-pppc-took-office-in-1992-the-privatization-process-was-put-on-hold-2/comment-page-1/#comment-69512 GREG Fri, 12 Dec 2008 20:04:13 +0000 http://www.stabroeknews.com/?p=32469#comment-69512 What Rajendra failed to do in this letter is to point out the wisdom in the existing policy and identify, if necessary a better direction. From where I stand I can see that a huge mistake was made What Rajendra failed to do in this letter is to point out the wisdom in the existing policy and identify, if necessary a better direction. From where I stand I can see that a huge mistake was made

]]> By: Evan Thomas http://www.stabroeknews.com/2008/letters/12/11/after-the-pppc-took-office-in-1992-the-privatization-process-was-put-on-hold-2/comment-page-1/#comment-69341 Evan Thomas Fri, 12 Dec 2008 15:27:00 +0000 http://www.stabroeknews.com/?p=32469#comment-69341 Mr. Rampersaud description is correct. But not the whole truth. Mr. Ram is also correct. The PPP in its initial days, under Asgar Ally followed the PNC ERP "lock, stock and barrel" which was why the positive results early in the "dawn of a new ERROR". Asgar Ally had once said that Jagan told the Carter Centre, WB and IMF that he agreed with the EPR in principle and that he would follow it. Jagan said that the people were not consulted and that his party had no input in the ERP. Thus the birth of the CGCED and the Carter Center support under Dr. Roger Norton to develop a development strategy around the ERP. Previous to the CGCED, there was a 13 person team from the international donor community present in Guyana talking to all of the ministers about their 'wish list'. This was a forerunner to the CGCED. Rajendra and Bharrat and Raymond Rambo Gaskin were at the time advisers to Asgar. Certain documents of minutes of meetings between Cheddi and certain persons....Jimmy Carter; Senator Kennedy; IMF, WB, IDB officials; Sally Cohen?? (some US diplomat)were in circulation in a selected circle (of course it went outside). Dr. Ivor Mitchell (yes, later of the PNC/R) and Asgar Ally were at these meetings with Cheddi pre October 1992 before he got into office. Mitchell was professor at clarke Atlanta and Asgar, Jamaica central bank deputy governor. Mitchell was a GOinvest Czar and Asgar minister of finance. I am sure Mr. Ram saw the papers I am referring to or heard about the contents. Bharrat deviated drastically from the general EPR and concentrated on one aspect which was debt reduction and payment relief. As a part of the overall policy agenda, he had to roll in and sustain other policies which were more operational in nature as oppose to long term structural....so we saw emphasis on tax policies such as the introduction of VAT as opposed to policies on reforming the tax structure and system, for example. Mr. Rampersaud description is correct. But not the whole truth. Mr. Ram is also correct. The PPP in its initial days, under Asgar Ally followed the PNC ERP “lock, stock and barrel” which was why the positive results early in the “dawn of a new ERROR”. Asgar Ally had once said that Jagan told the Carter Centre, WB and IMF that he agreed with the EPR in principle and that he would follow it. Jagan said that the people were not consulted and that his party had no input in the ERP. Thus the birth of the CGCED and the Carter Center support under Dr. Roger Norton to develop a development strategy around the ERP. Previous to the CGCED, there was a 13 person team from the international donor community present in Guyana talking to all of the ministers about their ‘wish list’. This was a forerunner to the CGCED. Rajendra and Bharrat and Raymond Rambo Gaskin were at the time advisers to Asgar. Certain documents of minutes of meetings between Cheddi and certain persons….Jimmy Carter; Senator Kennedy; IMF, WB, IDB officials; Sally Cohen?? (some US diplomat)were in circulation in a selected circle (of course it went outside). Dr. Ivor Mitchell (yes, later of the PNC/R) and Asgar Ally were at these meetings with Cheddi pre October 1992 before he got into office. Mitchell was professor at clarke Atlanta and Asgar, Jamaica central bank deputy governor. Mitchell was a GOinvest Czar and Asgar minister of finance. I am sure Mr. Ram saw the papers I am referring to or heard about the contents.

Bharrat deviated drastically from the general EPR and concentrated on one aspect which was debt reduction and payment relief. As a part of the overall policy agenda, he had to roll in and sustain other policies which were more operational in nature as oppose to long term structural….so we saw emphasis on tax policies such as the introduction of VAT as opposed to policies on reforming the tax structure and system, for example.

]]> By: Man of God http://www.stabroeknews.com/2008/letters/12/11/after-the-pppc-took-office-in-1992-the-privatization-process-was-put-on-hold-2/comment-page-1/#comment-68995 Man of God Fri, 12 Dec 2008 04:13:38 +0000 http://www.stabroeknews.com/?p=32469#comment-68995 All this baloney about Jagan, PPP, Jagdeo is only taking the country further down the drain. The country is now like the drains, backed up with garbage. We need to clean out the PPP, PNC and start the country a fresh with a new breed of politicians and different parties. For the last 40 years or more guyanese have been tolerating the same crap with no results. We need change badly. Lord, send us a massiah!!!! All this baloney about Jagan, PPP, Jagdeo is only taking the country further down the drain.

The country is now like the drains, backed up with garbage. We need to clean out the PPP, PNC and start the country a fresh with a new breed of politicians and different parties.

For the last 40 years or more guyanese have been tolerating the same crap with no results. We need change badly.

Lord, send us a massiah!!!!

]]> By: YesRasta http://www.stabroeknews.com/2008/letters/12/11/after-the-pppc-took-office-in-1992-the-privatization-process-was-put-on-hold-2/comment-page-1/#comment-68710 YesRasta Thu, 11 Dec 2008 19:01:24 +0000 http://www.stabroeknews.com/?p=32469#comment-68710 Mr.Rampersaud and Mr.Bharrat Jagdeo both worked at the State Planning Secretariat during the same period and are bossom friends.So I am not surprised by this article. What I need Mr.Rampersaud to answer, is to tell the people of Guyana where all the privatization and lotto funds gone. Mr.Rampersaud and Mr.Bharrat Jagdeo both worked at the State Planning Secretariat during the same period and are bossom friends.So I am not surprised by this article.

What I need Mr.Rampersaud to answer, is to tell the people of Guyana where all the privatization and lotto funds gone.

]]> By: Sarkar http://www.stabroeknews.com/2008/letters/12/11/after-the-pppc-took-office-in-1992-the-privatization-process-was-put-on-hold-2/comment-page-1/#comment-68574 Sarkar Thu, 11 Dec 2008 15:49:11 +0000 http://www.stabroeknews.com/?p=32469#comment-68574 Is this rebuttal opening a can of worms? Why was the privatisation process put on hold? What was in ESAF to cause the IMF to delay signing? What was it about the PPP that caused the IMF to put a stop to the privatisation process? What conditions were laid out for the resumation of privatisation? Was there an addition to the original Policy Framework Paper that the IMF insisted on? Is this rebuttal opening a can of worms? Why was the privatisation process put on hold? What was in ESAF to cause the IMF to delay signing? What was it about the PPP that caused the IMF to put a stop to the privatisation process? What conditions were laid out for the resumation of privatisation? Was there an addition to the original Policy Framework Paper that the IMF insisted on?

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