Rawle Lucas

Legal Jeopardy One of the busiest market places in Guyana is the cambio, where foreign currency is bought and sold daily. 

Exemption Everyone likes to receive good news and Guyanese might believe that they got some in the 2011 budget. 

Normal Tendency Not since 1999 has the index of departures from Guyana risen to such noticeable heights. 

Oddity The Stabroek News of April 18, 2011 contains a comment on the performance of the sugar industry that was attributed to Mr.

Economic Independence No fireworks have been set off.  No carnival parties are taking place. 

Happy Not too long from now Sterling Products Limited (SPL) will convene its Fifty-Sixth Annual General meeting to consider the performance of the company in 2010 and deliberate on plans perhaps already underway for 2011. 

Sale The Guyana Telephone and Telegraph Company, generally referred to as GT&T, was formed in 1991 after the Government of Guyana under the late President Desmond Hoyte sold an 80 per cent share of the state-owned entity Guyana Telecommunications Corporation (GTC) to Atlantic Tele-Network, or ATN. 

Favours As noted before, the service sector is a significant part of the Guyana economy and construction occupies a prominent portion of that sector. 

(Part 1)   Services At 63 percent, the service sector is responsible for the biggest share of income of the Guyana economy. 

Lagging The Guyana Marketing Corpo-ration was rejiggered. The Nation-al Agricultural Research Institute is to be reconfigured. 

Tax act In presenting the 2011 budget, the administration informed the country that it was reducing the tax rates that were applied to the income of commercial and non-commercial companies doing business in Guyana. 

True and accurate The condition of the manufacturing sector offers a glimpse of what is wrong with the economic conduct and policy of the current administration. 

Refrain Except for the drums being beaten by the administration itself, the budget announced for the 2011 fiscal year is not producing any bacchanal. 

Illusion Notwithstanding the energy and miscellany of programmes it trots out each year, the administration, like other governments, simplifies its achievements by showing how gross domestic product (GDP) has changed from one year to the next. 

Resource-Poor Households Just over one week ago, the administration launched a G$220M credit program for the benefit of small farmers in Guyana. 

As Guyanese lethargically recovered from the exhausting Christmas and New Year celebrations, so did the trading wheels of the Guyana Stock Exchange (GSE).  

Public Procurement Last week, reference was made to the non-creation of the small business bureau as an example of an institutional problem that causes lower returns on the investments of Guyana. 

Things like assets, capital, and inventories might be exciting to talk about in the classroom in pursuit of an A grade or in the boardroom of a company to ensure that company profits are heading in the right direction. 

Business Model What do the Bank of Baroda, the Bank of Nova Scotia and Republic Bank have in common, besides being foreign-owned? 

Experience As a country with a strong agricultural focus and capacity, Guyana should be making every effort to develop its agro-processing industry.