So far, we have carried two articles on the above subject. The first article looks at the period 1966 to 1992 where there was a progressive deterioration in public financial management so much so that public accountability was brought to a standstill in 1981. The Hoyte Administration had made a sincere and dedicated effort to bring about some semblance of normalcy but its efforts were short-lived due to a change in Administration.
The post 1992 period saw a restoration of public accountability through the almost single-handed efforts by the Audit Office. However, the gap covering the period 1982-1991 would remain a significant blemish in our history of public financial management.
Today, we continue our third in a series of articles on public financial management in Guyana’s post-Independence period.
