Budget 2014 was delivered on Monday March 24, just one week before the constitutional deadline and almost three months into the fiscal year.
2013 Facts ● Growth in real GDP of 5.2% compared to a target of 5.3% and actual rate of 4.8% in 2012.
In this section, we highlight issues and pronouncements from earlier years which remain unresolved.
The current balance projects a surplus of $34,291 million, an increase of $18,359 million or 115% over 2013.
Current Non-Interest Expenditure In this section we consider how the budgeted expenditure is allocated among the principal Ministries, Departments, Regions and Programmes.
Chapter 6 of the 2014 Budget Speech contains twenty-two paragraphs covering 13 measures and their justification.
In this section of Budget Focus 2013, we identified and discussed what we considered eight pressing issues not only with budgetary implications but also having wider social, economic and constitutional relevance.
During 2013 the country learnt that the Minister of Natural Resources and the Environment Mr.
History will remember the rise and fall in Guyana and the Caribbean of Clico, the insurance giant, as the US equivalent of Enron in the United States of America.
The decision of the Chief Justice in the Constitutional case AG of Guyana v Raphael Trotman and David Granger No.
One of the remarkable features of the Guyana Dollar over the past ten years has been its stability.
The Insurance Association of Guyana (IAG), a group representing insurance companies and brokers, has decided to increase premiums for flood insurance both on businesses and households in the country.
“Doing Business 2014”, an annual World Bank Publication, shows that out of 189 countries surveyed, Guyana ranks 115th..
There were two recent occasions when the cost of living, or rather the cost of maintaining a family, came to the fore.
Budget 2014 is a huge disappointment; it seems to contain only a shopping list for Expenditure, while offering to do nothing on employment creation and addressing the critical issues of corruption and better public sector financial management.