ksazma posted:Danyael posted:The present Regime said the treasury was empty .....How is this possible Stormy?
Why is that not possible? We have a billion dollar plus debt so the treasury is in real accounting terms is in the red to begin with.
That we have some cash on hand salvaged from the various slush accounts of the PPP amounting to some 20 to 50 million ( after adding up what is in the public domain) means the PPP shrunk it from 800 million to that in less than two years.They never ever claimed to have 1.2 billion on hand as claimed by basedrum their last declaration was 200 million
Note, government can always spend money because they have taxes coming in and income streams from various sources. Guyana has always been on the dole for much of its money so the charity of other governments has not stopped. I can see some 100 million off hand coming in that way this past year.