Introduction:
At the end of last week’s column I had indicated that, beginning this week, I would merge my on-going consideration of the decision-making process in regard to Guyana’s public investment projects into a wider discussion of the National Budget 2013. This is not an easy task to accomplish and I will probably have to pursue this over several future columns.
Also, in last week’s column I had wrapped-up my presentation of the notions: time value of money and uncertainty and risk, which I had represented
