President slams cuts but upbeat on dialogue

President Donald Ramotar last night assailed the opposition for slashing the 2012 budget and accused the main opposition – APNU – of reneging on agreements reached with his administration but said that he remains committed to dialogue.

In a 13-minutes-long address to the nation, the president said that the $21 billion in budget cuts threaten many transformative projects started by the government and will delay the commencement of others. The president said that while his administration demonstrated goodwill, APNU and the AFC conspired and “ended up retarding the development taking place in the country.” The “inexplicable” and “unfathomable” budget cuts “constitute an ominous threat to the livelihood of Guyanese