In several of our articles in this Column, we highlighted the need to have adequate systems and procedures as well as the highest possible degree of efficiency and effectiveness in public procurement.
Last week, we discussed Financial Papers 1 and 2 of 2016 which the National Assembly recently approved before going into its customary two months’ recess.
Over the last four years, this column has been scrutinizing the various financial papers that have been submitted to the National Assembly for approval.
It is easy to stand with the crowd. It takes courage to stand alone.
Corporate governance broadly refers to the mechanisms, relations, and processes by which a company is controlled and directed.
Three important appointments were recently announced, namely the Commissioner-General of the Guyana Revenue Authority (GRA), the Director of the Financial Intelligence Unit (FIU) and members of the three-person Bid Protest Committee.
In the final analysis, the ultimate test is the extent to which we are able to translate all the legislative requirements into real action.
Access to information on government programmes and activities is a fundamental right of all citizens.
This is the fifth and final in a series of articles on the above aimed at highlighting the extent of our achievements in the post-Independence period.
This is the fourth in a series of articles on public financial management in Guyana’s post-Independence period.
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.
Last week, we began a discussion of our achievements on the public financial management front since we attained independence from Britain in 1966.
Last Thursday marked 50 years since Guyana attained its Independence from Britain. It is only fitting that we reflect on our achievements over this period of time, our collective failures (if any) and the challenges that lay ahead of us as we begin our journey into the second half century of post-Independence.
Baishanlin International Forest Development Inc. is again in the news. This time it is challenging the decision of the Guyana Revenue Authority (GRA) to seize two Lexus motor vehicles because of the company’s failure to pay the requisite taxes on the importation of these vehicles.
This column had carried several articles on Guyana’s efforts to address the issue of anti-money laundering and the prevention of the financing of terrorism.
Last week’s article completes our discussion on the conservation and management of our forest resources and the procedures in place for the protection of our environment.
Three matters that made the news in recent days deserve brief commentaries. The first was the statement by President Granger on the granting of radio and cable licences by former President Jagdeo within days of demitting office to a selected few with family and/or political connections, to the exclusion of established media entities that had applied for such licences.
President Granger’s announcement that two million hectares of Guyana’s forest will be placed under conservation as Guyana’s contribution to combatting climate change and global warming, is a most welcome development.
A clean confession, combined with a promise never to commit the sin again, when offered before one who has a right to receive it, is the purest form of repentance.
I love Tanzania because of the light, colours and life in almost every scene.
Before proceeding with today’s article, two recent news items are worthy of commentary.
In the last week or so, the report of the Commission of Inquiry into the death of world-renowned historian and scholar, Dr.
There were two recent news items that are worthy of commentary from this Column since they have implications for the state of public procurement.
Last week’s article dealt briefly with the requirements for the appointment of auditors of companies.
The general debate on the 2016 budget is now over. It was to be confined to the financial and economic state of the country and the general principles of Government policy and administration, as outlined in the Finance Minister’s budget speech and in the Estimates.
A former Minister accused me of being unprofessional in discussing in one of my columns the report on the forensic audit of the National Industrial and Commercial Investments Ltd (NICIL).
Corruption has disastrous impacts on development when funds that should be devoted to schools, health clinics and other vital public services are instead diverted into the hands of criminals or dishonest officials.
The Stabroek News recently carried an article which centred around a legal opinion that was given on the applicability of Article 216 of the Constitution to the National Industrial and Commercial Investments Ltd.
Last week’s article completed our “stock-take” on where we stood in terms of public financial management.
On 28 December 2015, we carried an article on the above subject but we were unable to complete it because of space constraints.
Last Thursday, the National Assembly considered and approved two financial papers that were presented by Finance Minister Winston Jordan.
The year 2015 is about to come to a close. It is a time when business organisations are conducting physical stocktaking exercises to identify and value their inventories, other assets and liabilities for the purpose of closing their books and preparing their financial statements.
Before proceeding with today’s article, I refer to the comment by parliamentarian Juan Edghill in connection with the forensic audits being conducted at various government agencies and departments.
In 2014, Cabinet appointed the Chief Executive Officer of the Guyana National Industrial Company Inc.
The International Anti-Corruption Day will be observed on Wednesday, 9 December. According to the United Nations Office for Drugs and Crime (UNODC), to mark this occasion Governments, the private sector, non-governmental organisations, the media and citizens around the world will be joining forces to fight this cross-cutting crime which undermines social and economic development in all societies.
On Wednesday, the Government signed a Memoran-dum of Understanding (MOU) with Fedders Lloyd Corporation for the resumption of the design, construction and outfitting of the Specialty Hospital at Turkeyen, East Coast Demerara.
So the Amaila Falls Hydro Project is back on the front burner. The Government of Norway is expected to fund another study to determine once and for all the project’s feasibility, while the Government of Guyana has indicated that this is one of the several options being considered as possible sources of renewable energy.
Before beginning today’s article, two issues raised recently in the print media are worthy of comment: the extension of Baishanlin’s State Forest Exploratory Permit (SFEP); and the Presidential Inauguration expenditure.
There must be no compromise on integrity, no allowance for arrogance, no room for violation of mutual respect; there will be no sacrifice of our values on the altar of political expediency…No one is exempt from the measure of value based leadership…All my considerations are character driven.
Last week, we began a discussion of the Auditor General’s 2014 report which was laid in the National Assembly two Thursdays ago.
It was recently drawn to my attention that I had made a mistake in a number of my articles when making reference to the Public Corporation Act of 1988 and that there was an amendment to the Act which I did not take into account.
Corruption is an insidious plague that has a wide range of corrosive effects on society.
Before proceeding with today’s column, the recently announced 50% increase in the salaries of Ministers has created, quite justifiably, a tsunami of criticisms and condemnation from all sections of the Guyanese society.
Before proceeding with today’s article, a few days ago, it was reported that Transparency International released its Corruption Perceptions Index (CPI) for 2014.
Last week’s article on the role of the Permanent Secretary and Regional Executive Officers (REOs) in our system of public financial management generated some positive reactions.
With the change in administration following the May 11, 2015 national and regional elections, several Perma-nent Secretaries and Regional Executive Officers (REOs) have either been replaced or have resigned because they were candidates for the opposition political party.