Introduction
The brouhaha over Financial Papers 7 and 8 in the National Assembly has served to expose the state of the public financial management in Guyana. The issue is a natural consequence of the new configuration in the Assembly which compels the Minister of Finance to demonstrate some accountability to the country. In that sense November 28, 2011 is potentially a blessing as prior to that date and that event, a request to the National Assembly for approval of Supplementary Appropriation of any number of millions would have been a non-event and automatic confirmation.
This column had written ad nauseam about the several breaches of the Fiscal Management and Accountability Act which was intended to address all matters concerning the preparation and execution of the
