Scope
This week I shall conclude the discussion on the selection of public projects in Guyana and their sequencing. While I have referred repeatedly in this discussion to the requirement to appraise projects ex ante (that is, before they are selected by the Authorities), readers should not infer from this observation that such appraisals should be exclusively economic and financial. Consistent with observations I have made in previous columns, these appraisals are expected to be much wider in scope. Indeed, in every instance they should be accompanied with three other sets of evaluations. These are: first, social and environmental assessments (ESIAs), which must be compulsory and made publicly available. This requirement exists
