The continued decline in the price of gold on the world market sends a clear signal to countries like Guyana that a point has long been reached where assurances of economic growth can only be realized by embarking on programmes aimed at significantly encouraging the growth of value-added industries. “We had arrived at a point where high prices in the gold industry were propping up the economy. The chickens are now coming home to roost,” Georgetown Chamber of Com-merce and Industry (GCCI) executive member Clinton Urling said.
Urling, who, along with Chamber President Lance Hinds and Senior Vice President Vishnu Doerga spoke with Stabroek Business earlier this week,