Finance Minister Dr Ashni Singh yesterday denounc-ed the reasons given for the withholding of $5.8 billion (€25 million) in budgetary support by the European Union (EU) stating that Parliamentary oversight remains intact and unimpaired.
Singh told Stabroek News that the while the EU cited the absence of budget oversight as one of the reasons the funds have been withheld it has no credible basis. He reiterated that in September while the budget support committee was meeting, the local EU delegation had already recommended to Brussels that the funds be released.
He said that the prorogation of Parliament, which he noted was provided for under the Constitution, occurred in November, well over a
