The previous column (April 4: ‘The government’s overdraft at BoG, the fiscal deficit and corruption’) explained that the government’s fiscal deficit — which must not be confused with current account deficit as one online commenter did — has to be financed by (i) borrowing, (ii) seeking foreign grants, (iii) using previous savings, and/or (iv) creating money from its deposit at the Bank of Guyana (BoG).
I interrupt my series on Extraordinary People to reflect on the concept of excellence which is involved, one way or another, with any life which is exceptional or exemplary.
Two days ago, out of the blue, I had an awful experience with the sudden death of a friend here, Colin Ming, in a traffic accident (he was on a motorbike) that just shattered me.
Introduction
Last week’s column explained the enigma of, on the one hand, repeated striking downward revisions to Guyana’s expected real GDP growth for 2020 (initially set at 85% by the IMF and Government of Guyana, GoG in Q4, 2019).
Ulysses
It little profits that an idle king,
By this still hearth, among these barren crags,
Match’d with an aged wife, I mete and dole
Unequal laws unto a savage race,
That hoard, and sleep, and feed, and know not me.
Last Update: 712. 39 Movement: -0.093%
Current Update: 711.73 YTD Movement: 2.87%LUCAS STOCK INDEX
The Lucas Stock Index fell 0.093% during the first period of trading in April, 2021.
“Football was to be my destiny,” says Gordon Winston Patrick Brathwaite, 62, recalling that when he was just 18 months old he was photographed with a football.
It has been a painful but rewarding journey for Anesah Bechan, whose business, Sweetsnax By Anesah, which specialises in making delectable desserts, will celebrate its first anniversary in June.
Jersild Wright rescues animals every day. An animal inspector with the Guyana Society for the Prevention of Cruelty to Animals (GSPCA), Wright has been looking out for the welfare of animals and trying to keep them safe from neglect and abuse for over ten years now.
Introduction
As the above title suggests, today’s column indicates a substantive shift in focus away from the “infant state” of Guyana’s oil and gas sector (even though this still remains the case) towards its evolving profile in coming decades.
A tall and big African-American man, George Floyd graduated from high school and attended college on sports scholarships for several years before dropping out.