With government and the opposition making little progress in reaching consensus on national issues, Private Sector Commission (PSC) Chairman Ramesh Persaud yesterday said the prevailing disadvantages of the current political dispensation are “poisonous” to the growth of businesses and the economy.
“The Private Sector has concluded that the current political dispensation where there exists a minority government with a majority opposition in parliament is the sole reason for the non-support of the [anti-money laundering] legislation and rejection of many other developmental and transformational projects that the private sector supported and endorsed,” PSC Chairman Ramesh Persaud told the PSC Annual General Meeting at the Pegasus Hotel.
“The PSC is of the view that under the current political dispensation, a spirit of compromise and negotiation… needed to exist to achieve consensus on major national issues. We are disappointed that no adequate progress has been made in establishing win-win situations on many of the national issues by both the government and the opposition. The current political dispensation has its
