Major tax-cuts, social services spending could leave economy unstable

By Stabroek News On In Guyana News |
Winners at the GMSA’s annual awards pose with Prime Minister Samuel Hinds, Finance Minister Dr. Ashni Singh, and GMSA President Mohindra Chand along with other executives of the organisation. Also in picture is Master of Ceremonies for the Evening, Alex Graham (standing second from right).
Winners at the GMSA’s annual awards pose with Prime Minister Samuel Hinds, Finance Minister Dr. Ashni Singh, and GMSA President Mohindra Chand along with other executives of the organisation. Also in picture is Master of Ceremonies for the Evening, Alex Graham (standing second from right).

-Singh warns
Minister of Finance Dr. Ashni Singh has said that while he believes major tax cuts and increases in social services would make him and the government politically popular, such decisions would leave Guyana in a financially unstable position.

“I would like to be the Finance Minister to announce the steepest tax cuts that you could ever imagine and the steepest increases in public expense and social services… were I to be the Finance Minister to announce these,