Endowed
It is understood that Guyana has been encouraged to become a part of the Extractive Industry Transparency Initiative (EITI). This is work that was started by the previous administration and no doubt would be under some scrutiny by the Granger government. The EITI is neither a lending institution like the World Bank nor a trade promotion body like the World Trade Organization. However, the members of the EITI share the belief that the money obtained from the extractive sector belongs to the citizens of the endowed country and that the people should be able to benefit from the money generated from the sale of those resources. Governments through their public policies that are often reflected in their budgets believe that they do share the resources with citizens. That view diverges from the reality of poverty, corruption and human rights abuse that have taken place in many resource-rich countries.
Scrutiny
The experience of Guyana over the past 15 years does not suggest that budget policies easily bring balance in the resource allocation to communities across the country or in a manner that indicates that a cross-section of contractors and industries benefit from public spending. The neglect of Region 10 and the City of Georgetown are examples of resource bias. The bias of single sourcing in the procurement practices also reflected imbalance in resource allocation. To the extent
