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FM
Former Member

Manufacturing plunge worse than Govt’s projection

32
 

End-of-Year report

…following unaddressed challenges in sugar, rice sectors

The Finance Ministry’s recently released end-of-year Outcome Report has recorded even bleaker statistics on the nation’s manufacturing sector than Minister Winston Jordan’s 2017 budget had projected.

Finance Minister Winston Jordan during his budget presentation

The report, which covers the year 2016, contains revised projections from those presented in budget 2017. It stated that the manufacturing sector contracted by 9.5 per cent and not the 7.1 per cent Jordan had announced in November.

The decline in the manufacturing sector was linked to the shrinking production in agriculture. The manufacturing sector is heavily dependent on sugar and rice production, a fact that Jordan had acknowledged last month at a press conference.

“Very little manufacturing activity takes place in Guyana… The last (time) I looked at manufacturing without sugar and rice milling, (it contributed) a mere five per cent to GDP (Gross Domestic Product), which is very low,” Jordan had told journalists at the press conference.

The Finance Ministry has revealed that, overall, the agriculture and fishing and forestry sectors had contracted by 10.4 per cent in 2016. According to the report, this is 0.9 per cent more than the rate projected at the time the 2017 Budget was presented.

“Sugar production contracted even further than projected in November 2016, as the industry underestimated the negative impacts of late planting of the second crop on production.

In addition, the late arrival of spare parts for factories negatively affected the processing stage of production,” the report revealed.

At his 2016 end-of-year press conference, Agriculture Minister Noel Holder had explained that sugar production for the year had been plagued by poor labour turnout; lack of spares; equipment shortages, in particular cane punts; and factory breakdowns in the sector.

He had also revealed that the shortage of skills and experience, in addition to underinvestment in the industry, was taking its toll.

The 2016 second crop had started late as a result of the wet conditions which succeeded the drought. Holder had said that the Guyana Sugar Corporation (GuySuCo) would be unable to harvest all its cane before the end of the year.

But the Government has also embarked on a deliberate plan to downsize production in the industry, with profitability being cited as a reason. Following a visit from an International Monetary Fund (IMF) team, Government had been warned of the social impact from making these and other decisions.

Rice production has also performed worse than projected. This has been blamed on lower-than-expected yields and acreage, all related to late planting.

Rice farmers currently face a myriad of challenges, which include insufficient supply of water in their fields, the El Niño weather phenomenon, combating paddy bugs, and fiscal matters such as late payments and indebtedness.

Farmers also have to contend with fertiliser and pesticide prices.

Farmers have stated that they have not been afforded the prices they were once offered by the previous Government to assist them in offsetting their overhead expenses.

Since the loss of the Venezuelan oil-for-rice agreement with Guyana in 2015, farmers have not been getting the lucrative prices they were once paid per bag of paddy.

Farmers in Region Two recently voiced their dissatisfaction about the prices offered by millers, which range from $1800 to $2400 for grades A and B paddy.

The end-of-year report has however stated that fishing and other crops were the only industries in the agriculture sector to experience positive growth.

http://guyanatimesgy.com/manuf...an-govts-projection/

Replies sorted oldest to newest

PNC boy Django shows up to defend the PNC clowns. I respect your right to do so.

Listen, Guyana Times is doing EXACTLY what KN did when the PPP was in office.

Do for Do is not Obeah.

FM
yuji22 posted:

PNC boy Django shows up to defend the PNC clowns. I respect your right to do so.

Listen, Guyana Times is doing EXACTLY what KN did when the PPP was in office.

Do for Do is not Obeah.

PNC boy...LOL

Danjo is here to expose the lies that are propagated by the Freedom House coolaid drinkers.

Django
Last edited by Django
Django posted:
yuji22 posted:

PNC boy Django shows up to defend the PNC clowns. I respect your right to do so.

Listen, Guyana Times is doing EXACTLY what KN did when the PPP was in office.

Do for Do is not Obeah.

PNC boy...LOL

Danjo is here to expose the lies that are propagating by the Freedom House coolaid drinkers.

You drank an overdose of AFC/PNC cool aid. Take time, it will stop acting.

FM
yuji22 posted:
Django posted:
yuji22 posted:

PNC boy Django shows up to defend the PNC clowns. I respect your right to do so.

Listen, Guyana Times is doing EXACTLY what KN did when the PPP was in office.

Do for Do is not Obeah.

PNC boy...LOL

Danjo is here to expose the lies that are propagating by the Freedom House coolaid drinkers.

You drank an overdose of AFC/PNC cool aid. Take time, it will stop acting.

That's the best you can come up with,your heroes grasping at straws lately,the will be in the wilderness for awhile.

Django
Django posted:

That article from the rag Guyana Times are are for cool aid drinkers,what was Guyana manufacturing prior to May 2105,can some one  list the items other than two dead beat Sugar and Rice.

read here about Sugar

https://guyana.crowdstack.io/topic/fa...pment-stratgedy-1996

Guyana has no other manufacturing sector, no one denying that.  However, they are saying those which exist have declined substantially.  To develop manufacturing, Guyana needs cheap power.  What are the PNC plans here?  I guess oil!

FM

These jackasses claimed that with all the savings from clamping down on corruption, the national coffers would be overflowing. Now we see the only thing overflowing is the slop can with so much filth that even the most ardent supporters are fleeing the stench. 

FM
yuji22 posted:
Drugb posted:

Except a few, django, d2, caribj, T, warrior. 

As of today, I hold Django as being a dirty Indian and will address him as such for now on. 

Are you sure he's an Indian?  

FM
Drugb posted:

I believe he is a mongrel else they would not give him slop can carrier job. 

Ha..ha.you are one confused fella,people who haven't got the taste of first world education is highly intellectual than you,there is a saying  "can't take away the pig from gutter" it fits you.

Django
Django posted:
Drugb posted:

I believe he is a mongrel else they would not give him slop can carrier job. 

Ha..ha.you are one confused fella,people who haven't got the taste of first world education is highly intellectual than you,there is a saying  "can't take away the pig from gutter" it fits you.

In fact I admire you. At least you take your job seriously, you fetch that slop can with pride and do the best job regardless of how lowly it is. This is the measure of a great human being. 

FM
Drugb posted:
Django posted:
Drugb posted:

I believe he is a mongrel else they would not give him slop can carrier job. 

Ha..ha.you are one confused fella,people who haven't got the taste of first world education is highly intellectual than you,there is a saying  "can't take away the pig from gutter" it fits you.

In fact I admire you. At least you take your job seriously, you fetch that slop can with pride and do the best job regardless of how lowly it is. This is the measure of a great human being. 

and yet  "you can't lace my shoes"

Django
Django posted:
Drugb posted:
Django posted:
Drugb posted:

I believe he is a mongrel else they would not give him slop can carrier job. 

Ha..ha.you are one confused fella,people who haven't got the taste of first world education is highly intellectual than you,there is a saying  "can't take away the pig from gutter" it fits you.

In fact I admire you. At least you take your job seriously, you fetch that slop can with pride and do the best job regardless of how lowly it is. This is the measure of a great human being. 

and yet  "you can't lace my shoes"

Nobody wants to lace a Dirty Indian Shoes. We leave that to your dalit PNC friends.

FM
Django posted:
Drugb posted:
Django posted:
Drugb posted:

I believe he is a mongrel else they would not give him slop can carrier job. 

Ha..ha.you are one confused fella,people who haven't got the taste of first world education is highly intellectual than you,there is a saying  "can't take away the pig from gutter" it fits you.

In fact I admire you. At least you take your job seriously, you fetch that slop can with pride and do the best job regardless of how lowly it is. This is the measure of a great human being. 

and yet  "you can't lace my shoes"

I would, but at your advanced age you only wear slip ons.

FM
Drugb posted:
Django posted:
Drugb posted:
Django posted:
Drugb posted:

I believe he is a mongrel else they would not give him slop can carrier job. 

Ha..ha.you are one confused fella,people who haven't got the taste of first world education is highly intellectual than you,there is a saying  "can't take away the pig from gutter" it fits you.

In fact I admire you. At least you take your job seriously, you fetch that slop can with pride and do the best job regardless of how lowly it is. This is the measure of a great human being. 

and yet  "you can't lace my shoes"

I would, but at your advanced age you only wear slip ons.

And PNC diapers.

FM
yuji22 posted:
Drugb posted:

I would, but at your advanced age you only wear slip ons.

And PNC diapers.

Yes I forgot, we call them "depends for men" here in the US. I am sure the subsidize his supply of ensure also. 

FM
Drugb posted:
yuji22 posted:
Drugb posted:

I would, but at your advanced age you only wear slip ons.

And PNC diapers.

Yes I forgot, we call them "depends for men" here in the US. I am sure the subsidize his supply of ensure also. 

That is why he is defending the PNC, he needs his supply of depends.

FM
Drugb posted:
Django posted:
Drugb posted:
Django posted:
Drugb posted:

I believe he is a mongrel else they would not give him slop can carrier job. 

Ha..ha.you are one confused fella,people who haven't got the taste of first world education is highly intellectual than you,there is a saying  "can't take away the pig from gutter" it fits you.

In fact I admire you. At least you take your job seriously, you fetch that slop can with pride and do the best job regardless of how lowly it is. This is the measure of a great human being. 

and yet  "you can't lace my shoes"

I would, but at your advanced age you only wear slip ons.

Ha..ha..

you seem to think people in their 60's are unfit,good genes leads to longevity.

get matter in your cranium checked.

Django
Last edited by Django
yuji22 posted:
Drugb posted:
yuji22 posted:
Drugb posted:

I would, but at your advanced age you only wear slip ons.

And PNC diapers.

Yes I forgot, we call them "depends for men" here in the US. I am sure the subsidize his supply of ensure also. 

That is why he is defending the PNC, he needs his supply of depends.

Check your self before hurling stones.

Coconut fall on both your head in infancy hence your thinking.

Django
Django posted:
yuji22 posted:
Drugb posted:
yuji22 posted:
Drugb posted:

I would, but at your advanced age you only wear slip ons.

And PNC diapers.

Yes I forgot, we call them "depends for men" here in the US. I am sure the subsidize his supply of ensure also. 

That is why he is defending the PNC, he needs his supply of depends.

Check your self before hurling stones.

Coconut fall on both your head in infancy hence your thinking.

Like the PNC passed on you from carrying Granger's Posey during his foreign trip ? Now wonder you are a bit edgy.

FM
Django posted:
yuji22 posted:
Drugb posted:
yuji22 posted:
Drugb posted:

I would, but at your advanced age you only wear slip ons.

And PNC diapers.

Yes I forgot, we call them "depends for men" here in the US. I am sure the subsidize his supply of ensure also. 

That is why he is defending the PNC, he needs his supply of depends.

Check your self before hurling stones.

Coconut fall on both your head in infancy hence your thinking.

Good morning Django. Looks like Yuji and Drug pull you pants down and drap lash pun you baxside. You would be crawling home today

FM
skeldon_man posted:
 

Good morning Django. Looks like Yuji and Drug pull you pants down and drap lash pun you baxside. You would be crawling home today

Marnin Bhai,

What lash ? their infantile behavior is no match for Django wisdom.

Django
Django posted:
skeldon_man posted:
 

Good morning Django. Looks like Yuji and Drug pull you pants down and drap lash pun you baxside. You would be crawling home today

Marnin Bhai,

What lash ? their infantile behavior is no match for Django wisdom.

Ha Ha,

The only wisdom that you can display is wearing those PNC depends.

FM
yuji22 posted:

Skelly, he deserves some good lash. Dis chap Django loves to carry the PNC posey. 

PPP have "Posey"

PNC have the palm tree,the same tree the coconut fall and hit you and Drugb head.

Django
Django posted:
yuji22 posted:

Skelly, he deserves some good lash. Dis chap Django loves to carry the PNC posey. 

PPP have "Posey"

PNC have the palm tree,the same tree the coconut fall and hit you and Drugb head.

You know why the PNC put a "coke nut"(palm) tree as their symbol? Is the dry coconut for dem bhais. It's not for hitting anyone on the head.

FM
yuji22 posted:
Django posted:
skeldon_man posted:
 

Good morning Django. Looks like Yuji and Drug pull you pants down and drap lash pun you baxside. You would be crawling home today

Marnin Bhai,

What lash ? their infantile behavior is no match for Django wisdom.

Ha Ha,

The only wisdom that you can display is wearing those PNC depends.

Better  than drinking "piss" from the "Piss Pot Party"

Django
skeldon_man posted:
Django posted:
yuji22 posted:

Skelly, he deserves some good lash. Dis chap Django loves to carry the PNC posey. 

PPP have "Posey"

PNC have the palm tree,the same tree the coconut fall and hit you and Drugb head.

You know why the PNC put a "coke nut"(palm) tree as their symbol? Is the dry coconut for dem bhais. It's not for hitting anyone on the head.

Bhai,

that's good plant,every thing can be used ,not only dry coconut.

Django
ba$eman posted:
 

Guyana has no other manufacturing sector, no one denying that.  However, they are saying those which exist have declined substantially.  To develop manufacturing, Guyana needs cheap power.  What are the PNC plans here?  I guess oil!

Why does the Dominican Rep have a thriving industrial sector, in fact the STRONGEST in the Caribbean, when they rely on the same source of power as does Guyana?  Jamaica and Barbados also have more diverse manufacturing sectors than does Guyana.

FM

It's hilarious when the PPP keep banging on about cheaper power in order to increase manufacturing. And their idea of cheaper power? A U$1billion hydro-electric dam. How is that going to provide cheaper power? The repayment terms on that alone is more expensive than the current price of electricity. And electricity alone will not produce greater manufacturing output. Most equipment need diesel of gasoline to run.

Mr.T
Django posted:
yuji22 posted:
Django posted:
skeldon_man posted:
 

Good morning Django. Looks like Yuji and Drug pull you pants down and drap lash pun you baxside. You would be crawling home today

Marnin Bhai,

What lash ? their infantile behavior is no match for Django wisdom.

Ha Ha,

The only wisdom that you can display is wearing those PNC depends.

Better  than drinking "piss" from the "Piss Pot Party"

Your comment confirms that your are a DIRTY INDIAN indeed.

FM
Django posted:
yuji22 posted:
Django posted:
skeldon_man posted:
 

Good morning Django. Looks like Yuji and Drug pull you pants down and drap lash pun you baxside. You would be crawling home today

Marnin Bhai,

What lash ? their infantile behavior is no match for Django wisdom.

Ha Ha,

The only wisdom that you can display is wearing those PNC depends.

Better  than drinking "piss" from the "Piss Pot Party"

The Leader waving the piss pot.

Mars

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