Initially it was announced that Guyana will borrow US$900 million credit from the Islamic Development Bank (IsDB).
Part 2 The role of corporate governance The previous essay established the developmental context under which we address the essential question of this series: could Guyana escape the natural resource curse?
By now many Guyanese are pondering the important concept known as the natural resource curse.
The 2018 national budget outlines snippets of a broader economic vision, the Green State Development Strategy (GSDS), which somewhat underpins this budget and will likely do so for future APNU+AFC budgets.
Development Watch News coming out of Guyana over the past two and a half years point out that money is not being circulated, the expression often used by the man and woman on the street to describe their economic feelings.
The crucial issue of constitutional reform (CR) is once again being discussed by several notable commentators and individuals in civil society.
The Minister of Finance made it clear that a reduction in the VAT rate would require that the list of taxable items be expanded.
The previous five columns explored several recent developments in the foreign exchange market.
Mr Jagdeo has been blamed recently by government officials and supporters alike for instigating a capital strike.
The supposed decline in the narco economy since APNU+AFC came to power in 2015 is often proposed by two very vocal members of SOCU – Mr Eric Phillips and Mr Tacuma Ogunseye – as the main factor for the depreciation of the Guyana dollar.