By Pricewaterhouse Coopers Ltd, Trinidad & Tobago
Minister of Finance Winston Jordan, presented the second budget for the coalition government under the theme ‘Stimulating Growth, Restoring Confidence: The Good Life Beckons.’
The budget, according to the minister, is anchored on the following five pillars: National Unity, National Infrastructure, National Institutions, National Security and Public Services. These pillars are the main drivers in the shaping of government’s policies and programmes as it embarks on a journey to transform the economy through prudent management.
The Guyana economy, though showing signs of growth in the last 2 to 3 years, has been plagued with numerous challenges, including the decline in gold prices, a struggling bauxite industry and a dying sugar industry, to name a