Rethinking the public-private partnership model

Controversy The experience with the Berbice River Bridge and its relationship with the investment made by the government seem to make people leery about using the public-private partnership investment model in the construction of projects in the future.

The 2015 budget and the people of Guyana

Complicated In a process complicated by the prorogation of parliament and the holding of elections after the mandatory budget approval period had passed, the Granger administration had to put together a budget for 2015.

Integrity of the revenue collection system called into question

Illicit activities The recent disclosure in local print and online media that gold was being smuggled out of Guyana in significant quantities is a blow to the integrity of Guyana’s revenue collection system and an apparent indictment of all aspects of port security ‒ land, sea and air.

Revenue collection in Guyana

Collection entity   For a government to carry out its work or execute the policies that it has adopted for the management of the country, it needs money.

Rice and the Guyana economy

Replacement Some 33 years ago, global politics and economics combined to force Guyana into searching for a replacement for wheat flour.

There are no free lunches

Submersible The change of government and the aggression shown by Venezuela towards Guyana have brought the PetroCaribe energy agreement into sharp focus.

Let the courts decide

  The word forensic   Over the past month or so, Guyanese have heard the words forensic auditing come into frequent use in relation to the activities of the past government.

Irrational choices

Early news The early news that has emerged from the new administration about the financial condition of Guyana is not good and one fears that it is likely to worsen as the stories about the condition of different parts of the economy unfold.

Oil and Guyana (Part 1)

Official announcement The official announcement last week that Guyana had oil in significant quantities is something that Guyanese were waiting a long time to hear.

The economics of unity (Part 1)

The current struggle   In 22 days, the current struggle for political leadership in Guyana will be over and the preference of Guyanese as to who must lead them would be known.

NICIL examined

Conclusion Alter the production structure Last week, this writer took a look at the financial profile of NICIL and its links to the long-term investment policies of the government.