Private sector wants common sense approach to budget talks

GEORGETOWN, Guyana, CMC – The Private Sector Commission (PSC) is calling for “good sense” to prevail when President Donald Ramotar meets with opposition legislators on Monday to prevent a repeat of last year as the opposition again threatens to use its slender one-seat majority to cut the GUY$208.8 billion (One Guyana dollar = US$0.01 cents) budget presented to the National Assembly last month.
“We are particularly concerned over reports of plans to reduce allocations for the vital security reform strategy, the road to the Amaila Falls project and the competitiveness programme for which the PSC has spent much time and effort to ensure changes to the business environment and is in fact a functioning programme that has brought tremendous benefit to the Business environment in Guyana.
“We are extremely disappointed over the targeting of the airport development project to be totally eliminated from the budget. This airport project is vital to the safety of international air traffic into and out of our country as well as the continued modernization and expansion of the travel and tourism sector,” the PSC said in a statement.