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.
Sizable quantity One of the things that we notice from trade data provided by the World Trade Organization (WTO) is the dominance of manufactured goods in total merchandise trade in generating income for exporting countries.
Diversity of service With November being the month in which Caribbean countries were asked to celebrate tourism, this writer was encouraged to explore the subject of tourism further, particularly as it pertained to Guyana.
General overview More often than not when one thinks about a tourist area, blue waters, white sandy beaches and surf boards are things that come to mind.
Recap October’s focus has been on shedding light on the concept of competition.
Part 3 Overview For the past two weeks, the articles have been focused on the issue of competition.
Light on competition Almost every set of recommendations for improving the economy of developing countries contains references to competition.
Chatter There has been much chatter surrounding the establishment of a Sovereign Wealth Fund (SWF) in Guyana.
Extreme damage The extreme damage and swath of devastation that have occurred over the past weeks have left many wondering as to what is really happening with global warming and climate change.
Routine Sometimes people do not think of things that they see or do, especially when the occurrence becomes routine.
Part 1 Decline in profits The Guyana Bank for Trade & Industry (GBTI) has reported its half-year profits for the year 2017.
Preventing measures Last week’s discussion of local content around Guyana’s oil industry established two key points based on current talks on the matter.
Noise around local content Guyanese have been clamouring for local content provisions in their relationship with ExxonMobil since it became obvious that oil production will be undertaken by the multinational oil giant.
Small Guyana is developing the Green State Development Strategy (GSDS) to promote the development of the country.
Alarm In more recent times, there has been much discussion and expression of alarm about Guyana’s manufacturing sector.
An indication As indicated in last week’s article, one can take a look at the current account and understand many things that affect our economy.
Part 1 Level of savings When one looks at the current account balance in the country’s balance of payments, the concern might be about the deficit that emerges annually and the amount of foreign currency that seems to be leaving the country.