Rawle Lucas

Public exchanges The story of the Amaila Falls hydropower project dates back many years and much has already been said and written about it. 

Anniversary On June 30, 2013, with all attention on concerns about the expansion of the airport, the future of sugar, legislation about anti-money laundering and financing of terrorism, the price of gold and critical deadlines about the Amaila Falls hydropower project looming, no one noticed that the Guyana Stock Exchange (GSE) had reached an important milestone in its existence. 

Continued Cost control Last week, it was observed that though GNPL was experiencing significant difficulties, its management was making the best of a bad situation. 

Mood of the company The Guyana National Printers Limited (GNPL) will be celebrating its 75th birthday next year. 

Bargain prices But, even as the West ponders its options, Guyanese must figure out the value of China’s money to them for something has gone wrong that is causing well-meaning actions to create a portentous situation.

A surprise It must appear as a surprise to investors from China that many in a country with which it has shared friendly ties for four decades view its economic participation in the Guyana economy rather dimly. 

Backseat It is not often that so many issues of capital budgeting are discussed as stories in their own right in the newspapers, even though matters of public spending are reported upon quite frequently.

Tax policy There is a tendency to use tax policy and not monetary policy to encourage investment in the country and to persuade foreigners to join the investment effort. 

Found wanting A major knowledge product of the World Bank was likely to undergo some revisions in the way in which data are collected and used in one of its flagship publications if the report of an independent panel that was commissioned by the Bank’s Presi-dent last year is to be accepted by him.

Public Face Every so often, a story is told or a report appears in the media about public-private partnerships. 

By Rawle Lucas Cannot be overturned As noted in last week’s submission, the administration controls the entire procurement process in the public sector. 

Poison pill The need to amend the Anti-Money Laundering and Countering Terrorism Act (AMLCT) has given the opposition parties some leverage over an intransigent administration that appears unwilling to govern the country in the interest of all Guyanese. 

More weight In reading about small business in Guyana and elsewhere, quite often one encounters the words “entrepreneurship” and “small business” used interchangeably.

Reform Last year, the administration introduced a bill aimed at reforming the telecommunications industry in Guyana. 

Swirling Around The economy of Guyana exhibited significant vibrancy last year in many ways. 

Upbeat news In the space of two days, Guyanese got a series of upbeat news about the economy. 

Hive of Activity All eyes have been plastered on the behavior of gold over the last few years as the price of the commodity created enormous buzz and stirred many to invest in the industry in Guyana. 

Sustained Path The Guyana economy continues to place too much dependence on gold and remittances. 

Commendable Changes Commendable changes to the Guyana economy go beyond the behaviour of physical output.  

Functions of the Budget At the time of the annual budget proposal, Guyanese get to learn many things about the national economy.