Daily Archive: Monday, January 31, 2022

Articles published on Monday, January 31, 2022

Review of 2022 Budget

Introduction Budget Speech 2022 came against the backdrop of rising domestic prices, increasing international oil prices, a steady stream of deaths from the COVID – 19 pandemic, further discoveries in the fecund Stabroek Block and leadership issues in the main opposition PNC-R/APNU.

Highlights

Highlights In this section, we set out the key takeaways from the Minister’s review of the economy in 2021 and the policies, targets and projections for 2022.

2022 Policy Issues

Introduction Under the theme, “Steadfast Against All Challenges, Resolute in Building Our One Guyana,” the 2022 Budget represents the second full-year budget of the PPP/C during the COVID-19 pandemic.

Jamaal Shabazz

COVID blow

Guyana’s return to the international football circuit suffered an unexpected and disappointing result after  their international friendly encounter against traditional Caribbean rival Barbados was abandoned in the 33rd minute, following the confirmation of several positive COVID-19 results.

Key test underway of Garden of Eden generators

With two of the five newly installed generators at the Guyana Power and Light’s Garden of Eden facility up and running, Chief Executive Officer (CEO) Bharrat Dindyal said they are scheduled to conduct an assessment today to determine the cause of recent problems.

Who Gets What in 2022?

Analysis of expenditureSource: Tables 6 &7 & Appendix A of National Estimates Introduction The priorities adopted by the Government as set out in Part 5 Targets for 2022 in the Budget Speech find their place in the Estimates of Revenue and Expenditure.

2022 Budget Measures

In this section we consider the measures announced by the Minister, analyse them, evaluate their impact and discuss the extent to which they provide useful economic benefits to stakeholders.

Pure damn nonsense

Dear Editor, It is just ‘pure damn nonsense’ (borrowing that phrase again), going on almost four years, affected passengers of the airline that went into bankruptcy, are still to receive their refunds for tickets purchased (SN Letter Column Jan 30).

Pleased with huge investment in the education sector

Dear Editor, The national budget presented by Dr. Ashni Singh is the largest to be read in the National Assembly, at $552.9B, one thing is certain, that is, no Guyanese were left out or forgotten by its government, but there is one aspect of the budget which I am most pleased with, and that is the huge investment in the education sector. 

Participants pose with their spoils.

Nexgen Academy holds Fitness Challenge

The Ministry of Education Allied Arts Unit in conjunction with the Nexgen Golf Academy held its first of several Golf Fitness Challenges for PE Teachers from Regions 2, 3, 4, 5, 6, 10 and Georgetown at the Woolford Avenue ground on Thursday.

Budget 2022

With the advent of the oil economy, the annual budgets of this country will take on a distinctly different appearance.

Conclusion

In our Conclusion last year, we predicted that despite that Budget being the biggest ever, the Minister would be coming back to the National Assembly with requests for supplementary appropriations.