Reduction in free spending due to successes in curbing illegal activities

Guyana is currently experiencing a reduction in free spending due to a decrease in illegal activities, including narco trafficking, which had created a parallel economy here, Minister of Finance Winston Jordan said over the weekend.

The minister, who was at the time speaking to the Government Information Agency (GINA) on the APNU+AFC coalition’s first year in office, said too that it will take time for the economy to improve and adjust.

Jordan, during the interview, agreed that the economy is not as buoyant as it needs to be, while noting that