-China policy comes under scrutiny
APNU’s spokesperson on financial matters Carl Greenidge says that the country’s assets are being allocated in an opaque manner to privileged foreign companies, benefitting a small group of nationals and a growing number of foreigners while the welfare of a large portion of the population stagnates.
Addressing the Cuffy 250 Committee’s second annual forum on the state of Afro-Guyanese in Guyana on Sunday at the Critchlow Labour College, Greenidge, who had served as Finance Minister during the PNC’s time in office, said that the choice of construction and infrastructure development projects is no longer determined by a plan that looks to develop manufacturing or mining. Instead, he argued, these are oriented towards the private sector, and assets are being allocated “primarily to a set of privileged foreigners, such as Chinese, Brazilian and Indian businesses,” because government feels it can control the beneficiaries of the large construction projects.
He said the largest chunk of the nation’s land resources has been allocated to these groups in recent times and it is given to those
