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TAX, BORROW AND SPEND

Borrowing on pre-production oil revenues is short-sighted policy, there are other priorities By Staff Writer January 16, 2017 16 Dear Editor, I refer to the letter by Sherwood Lowe titled `Guyana should go the route of resource-based borrowing” published in yesterday’s Sunday Stabroek. Mr. Lowe’s recommendation that Guyana should go the route of pre-production oil revenue borrowing is misguided and a poor economic prescription. Resource-based borrowing should not be confused with...Read More...
Last Reply By Nehru · First Unread Post
Hill Republicans try to ease purchase of gun 'silencers,' as NRA-backed Trump arrives Published January 15, 2017 FoxNews.com Facebook Twitter livefyre Email Print FILE: Feb. 23, 2016: SilencerCo CEO Joshua Waldron cradles a handgun with a built-in suppressor. West Valley City, Utah. (Reuters) Congressional Republicans are trying to change federal guns regulations to make buying a silencer, or suppressor, easier. But critics don’t agree with the argument that the proposed legislation is a...Read More...
Last Reply By cain · First Unread Post

Amended VAT lists to take effect February 1, 2017.

Django
January 16,2017 Source The Guyana Revenue Authority (GRA) yesterday said that amended lists of items zero-rated and exempt for the Value-Added Tax (VAT) will take effect from February 1 st 2017. The list of zero-rated items has been substantially reduced as a result of the 2017 budget. This has attracted criticism from consumers and the business community. Many previously zero-rated items are now classified as exempted items. Businesses will not be able to claim VAT refunds for any inputs to...Read More...
Last Reply By cain · First Unread Post

AFC mum on violating its own constitution

skeldon_man
January 16, 2017 Leadership race The Alliance For Change (AFC) may be headed towards a clash with its own constitution later this month when its delegates vote by secret ballot, to elect its leader for the next two years. The party is mum on the fact that incumbent AFC Leader Khemraj Ramjattan intends to stand for re-election. In addition, current General Secretary David Patterson will also be in the fray. Both have held their positions for more than two terms. Willing to go again – AFC...Read More...
Last Reply By VVP · First Unread Post
20 months later…No action taken by Govt. on damning Ombudsman reports Jan 16, 2017 News 0 Comments “The appointment of an Ombudsman is only part of the task. We must ensure that the office is effective.” Those words were spoken by a national leader and staunch anticorruption advocate. In fact, the former head of the political opposition was one who fought aggressively for the operationalization of the office of the Ombudsman, a constitutional office that was non-functioning for more than...Read More...
Last Reply By Drugb · First Unread Post
Buro Nancy, Buro Tiger Stories: APNU/AFC Govt committed to reducing corruption January 16, 2017 The A Partnership for National Unity/ Alliance For Change (APNU/AFC) Administration is committed to the process of reducing corruption in Guyana, AFC’s executive member and Minister of Telecommunications, Cathy Hughes, has said. AFC Executive member and Telecommunications Minister Cathy Hughes Hughes said while corruption remained a culture here, the Administration has been focusing on ensuring...Read More...
Last Reply By Prashad · First Unread Post

Opposition’s economic adviser warns of brewing danger

asj
Opposition’s economic adviser warns of brewing danger January 16, 2017 …says massive borrowing, no investments will cripple economy Reminiscent of policies pursued during the 1970s and 1980s, economic Adviser to the Leader of the Opposition, Dr Peter Ramsaroop, believes that there is “danger brewing”, evident in recent actions taken by Head of State, David Granger. Dr Ramsaroop, a People’s Progressive Party/Civic (PPP/C) candidate during the 2015 General Elections, in an exclusive interview...Read More...
Last Reply By Django · First Unread Post

Ramjattan contradicts Granger

asj
Ramjattan contradicts Granger January 16, 2017 GECOM chairmanship – says past appointments constitutional Leader of the Alliance For Change (AFC) and Public Security Minister Khemraj Ramjattan is adamant that the previous appointments of Chairmen of the Guyana Elections Commission (GECOM) were very much constitutional, a position that was previously rejected by President David Granger. President David Granger Ramjattan, addressing Journalists at his party’s first bi-weekly press conference...Read More...
January 15,2017 Source The Ministry of the Presidency has granted a scholarship for a senior official of the Central Housing and Planning Authority (CH&PA) to study in Korea at a time when there is a probe into alleged payroll fraud, according to official documents. Board members and the management team have been warned that the CH&PA and Guyana could face “unnecessary embarrassment” and so the employee should not proceed on the scholarship until the Finance Ministry and police...Read More...
Last Reply By skeldon_man · First Unread Post

Caesar pip Spencer to retain GAPF Presidency

Forum: Sports
Demerara_Guy
Caesar pip Spencer to retain GAPF Presidency Jan 15, 2017 Sports , http://www.kaieteurnewsonline.com/2017/01/15/caesar-pip-spencer-to-retain-gapf-presidency/ GAPF President Ed Caesar flanked by General Secretary Ms. Andrea Smith (2nd right), and Committee Members Nadina Taharally (right) and Melissa Tucker. Standing from right are Dr, Osmond Mack (Org. Sect./PRO), Andre Austin (Treasurer), Gordon Spencer (VP) and Martin Webster (Committee Member).Read More...
Last Reply By Demerara_Guy · First Unread Post
UWI (T&T) t20 cricket … DCC advance to tonight’s final as on fire Singh cops fourth MOM Award Jan 15, 2017 Sports , http://www.kaieteurnewsonline.com/2017/01/15/uwi-tt-t20-cricket-dcc-advance-to-tonights-final-as-on-fire-singh-cops-fourth-mom-award/ DCC have advanced to the finals of the UWI t20 in T&T.Read More...
Last Reply By Demerara_Guy · First Unread Post

APNU+AFC NO LONGER EXISTS; PNC HAS TAKEN OVER

asj
APNU+AFC NO LONGER EXISTS; PNC HAS TAKEN OVER Jan 14, 2017 Letters 0 Comments Dear Editor, The rejection of the nominees for Chair of GECOM by President Granger is an assault on freedom and democracy. First, it is a repudiation of the APNU+AFC Coalition and a declaration that the PNC is now essentially the government. Second, it is a declaration that the PNC will want in power for as long as they wish. Their latest move to reject the nominees for the Chairmanship of GECOM from the Leader of...Read More...
Last Reply By Nehru · First Unread Post
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