Jagdeo flays opposition for ‘vindictive’ budget cuts
-NBS wants to up lending ceiling from $12M to $15M
Former President of Guyana Bharrat Jagdeo yesterday lashed out at the opposition for cutting the Low Carbon Development Strategy (LCDS) funds from the budget and said it will hold the country back and retard growth.
Jagdeo was speaking at the opening of the new $700 million Chief Office of the New Building Society (NBS) at the corner of North Road and Avenue of the Republic.
In his first major statement here since demitting office, Jagdeo said that the LCDS funds – in the amount of $18 billion – was “unconscionably” cut from the budget. He noted that in …..To continue reading, login or subscribe now.