Every system of public accountability should embrace the following: (a) every act or action is done openly according to law and prudent judgment; (b) every actor is responsible for his or her action; (c) every act is documented and reported publicly; (d) every act or action is subject to independent, professional, non-partisan audit review and public reporting of the results; and (d) where the review shows that purposeful error has been made, prompt corrective action, including punishment where appropriate, is taken.
Last week, we discussed the salary increases for public servants which we felt did not appear unreasonable, considering that public servants had received a 10% across-the-board increase with effect from 1 July 2015.
On 3 September 2012, we had carried an article entitled “State employees and the Public Service Commission” in which we bemoaned the fact that the then Administration was operating with two types of public service: the traditional public service; and a parallel service comprising hand-picked persons recruited on a contractual basis at emoluments and conditions of service superior to those of the tradition service.
Corporate governance broadly refers to the mechanisms, relations, and processes by which an organisation is controlled and directed.
I have no other interest, save and except my humble attempts to make a contribution towards protecting the interest of the State, and safeguarding public assets and resources.
I remember that all through history the way of truth and love has always won.
Lowliness is young ambition’s ladder, Whereto the climber upward turns his face. But when he once attains the upmost round, He then unto the ladder turns his back, Looks in the clouds, scorning the base degrees By which he did ascend.
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.
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.