Dear Editor,
I’m no economist in the academic nor professional sense of the word but like many Guyanese I am one by virtue of common sense. For upwards of five years now, a global food crisis has been forecast and most, if not all governments throughout the world were conscious of this looming scenario with some even taking proactive measures to cushion the impact on their citizens.
The recent introduction of VAT has undoubtedly caused a “homegrown” increase of prices for basic and secondary goods and services which is distinct from the larger global context in terms of origin and cause.
