Dear Editor,
The APNU+AFC government have announced that the 2017 Budget will be $250B. Yet, government revenue is projected to be about $186B. That leaves a shortfall of some $64B. How does the government aim to make up this shortfall? They will either need to borrow $64B leading to increased taxes, or print money leading to a devaluation of the Guyana dollar. Either way the cost of living is set to rise.
Yours faithfully,
Sean Ori
