Reply to "Govt’s economic philosophy debilitating – Jagdeo"

BasemanSenior Member

Django posted:
Baseman , we are discussing 1992 , not 1990 . Don't try to put wool over our eyes.

Banna, I know so! So Guyana had a massive change between the time. I said 1992 was around 96% as it was quoted in an article some time ago.

So, what's your %!

You trying to slice it every which way to show the PNC was not disastrous fiscal stewards for Guyana. Now they gutted what's left of Sugar and Forex earnings for sugar went from USD 235 Mil in 2015 to USD 29 Mil in 2019. And you wondering why the GYD has depreciated!

Banna, slice and dice which ever way you want, in 2019 External debt is 33% of GDP and Debt Service Cover Ratio stands at 7.5% of Export earnings!

12/18/194:17 PM

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