Gilbakka posted:Amral posted:How did he come up with these dollar amounts?
One method: annual national budgets. Another method: annual reports of World Bank, IDB, IMF etc. Another method: inside sources.
That's correct , any one can get copies of "World Bank, IDB, IMF" reports on line.
The currency of the $900 million Gov't borrowed isn't stated clearly, it's Guyana dollars.
Indeed Guyana debt at the end of 2015 is US$ 1.1 billion.
In the listeners mind, they will think Guyana debt is US$2 billion ,back to the amount , when the PPP took office in 1992.
According to the Opposition Leader, the APNU/AFC has spent over $1.1 trillion while increasing tax collection by some $88 billion during its four and half years in office.
He noted when the PPP left office after 23 years in 2014, the total tax collection in Guyana was $135 billion and now it was pegged at nearly $230 billion.
Analyzing the quote , the current government is doing a better gob of tax collection. The listeners and readers may think it's Tax increases .Efficient tax collection is a plus for any government.
The Opposition Leader went on to outline that they would not have mind the surge in spending had it improved the welfare of the populace.
“So [they] increase spending, but if you increase spending and improve welfare – so you get better education, etc – then it’s fine. But education is deteriorating, the hospitals are getting shortage of drugs, so more spending and the services are deteriorating… They’ve taken away all the ‘grow poor’ policies we’ve had. They removed the subsidies – free water for pensioners, remove the grant from the schoolkids, etc. So, no improvement in welfare although they spent $1.1 trillion,” he contended.
This statement can be debunked , if one check the spending of the government in development,across the country. The water bill was structured differently pensioners still benefits.
To date there is no shortage of drugs ,and education is progressing , the government have change the policy of school grants to providing free transportation for school children. The people will decide , which is better.