Opinion

The 25% institutional rate discussed and approved by the Georgetown City Council has nothing to do with arrears

Dear Editor,   It has been brought to my attention that certain members of the PPP/C party, who are also councillors of the City of Georgetown, have been disseminating grossly misleading information regarding a policy recently discussed and approved by the City Council of Georgetown (SN/31/08/24/ The new 25% payment of arrears for political parties makes clear that this PNC-led council always had ulterior motives by Steven Jacobs, councillor; SN/1/09/24/ Outraged at city’s decision to pass motion reducing rates and taxes for political parties by Alfonso De Armas PPP/C councillor).  To be clear, this policy has nothing to do with arrears; it is not 25% payment of arrears; it is a 25% institutional rate that factors in demand and interest (arrears); it is important to recognize and contrast the difference between payment on arrears and an institutional rate.

Mercury and mining

In an advertisement in yesterday’s Sunday Stabroek about developments in the mining sector, the Guyana Geology and Mines Commission (GGMC) stated its commitment to mercury reduction.

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