“It is too early for the Commission to offer a comprehensive analysis on the Budget, but we can legitimately ask whether this Government’s Budget is committed, in real terms to the vision it speaks to `of improving the quality of life of its people’”, a statement from the Private Sector Commission (PSC) yesterday declared on the 2018 budget.
Further, it added, “We recognize that the measures in the current Budget will have a positive impact on local businesses, however, we believe that this Budget is distinctly absent those measures necessary to sufficiently reverse the negative impact of the measures in the 2017 Budget.”
The PSC had promised that it would issue the statement yesterday following post budget consultations it held with other private sector bodies, including the Georgetown Chamber of Commerce and Industry, the Guyana Manufacturing and Services Association (GM&SA) and respective, Berbice, Lethem and Essequibo chambers of industries and others.
