President floats possibility of early general elections if anti-laundering sanctions hit hard

President Donald Ramotar yesterday floated the possibility of early general elections if sanctions against Guyana for its failure to pass anti-money laundering legislation hit hard, even as he took a hard line against giving concessions in the legislative process.

“It’s not that we don’t want local government elections but…there is a certain level of uncertainty. I don’t know what will happen if the impact of this anti-money laundering bill hits home very, very hard on our economy and whether we might have to go back and have another mandate,” he said, responding to a question from Stabroek News during a news conference at State House yesterday.

“This is something I don’t want. I would prefer to go to the local government elections, but I can’t shut my eyes to the political reality that exists and make a bland promise that I will go to local government elections tomorrow as I would have done [if] we had the majority in the parliament at this point in time. And we would not have been in the position that we are in today,” he said.  …..To continue reading, login or subscribe now.



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