PSC alarmed at gov’t rebuke over concerns about economy

The Private Sector Commission (PSC) last evening called the government’s dismissal of the business community’s lack of confidence in its management of the economy disappointing, while noting that it failed to address any of the concerns raised about the perception of a decline.

Government, in a strongly-worded statement on Friday, rebuffed criticisms from the private sector about the state of the economy and accused it of mounting “the bandwagon of negative forces that are determined to resist legal and structural changes that are aimed at improving the investment and business environment in Guyana.” “The Government of Guyana deems it rather shameful that the PSC has allowed itself to be used as a political stool pigeon to repeat the propagandistic chatter of the opposition and to seek to undermine confidence in our economy and good governance,” the government said in the statement, which was issued by Director of Public Information Imran Khan.