Guyana chronicle 05 07 14

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GUYANA No. 103879

SATURDAY JULY 5, 2014

The Chronicle is at http://www.guyanachronicle.com

GUYANA’S MOST WIDELY CIRCULATED NEWSPAPER

PRICE: $60

INCLUDING VAT

In another attempt to dispel misinformation…

Finance Minister details processes for public spending

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Finance Minister Dr. Ashni Singh

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FACTS ARE: * Consolidated Fund – Expenditures from which must be approved by Parliament and Parliament is defined as the 65-member National Assembly and the President. * Statements of Excess – Foreseen expenditure not budgeted for or under-budgeted for that the Minister of Finance has the authority to approve. * Contingency Fund – Sub-fund under Consolidated Fund, from which monies can be spent, but must be “urgent, unavoidable and unforeseen” expenditures.

FATF still to write Guyana on start of 2 ‘targeted review’ – AG Nandlall

10 Manickchand ‘delivered a legitimate blast, a feral blast’ Page

-Dr Luncheon

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Attorney General Anil Nandlall

18 Farm house destroyed by fire Page

Demands of Opposition Leader follow a pattern

-Dr Luncheon

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Cabinet Secretary Dr Roger Luncheon

Acting Foreign Affairs Minister Priya Manickchand

(US) Ambassador Brent Hardt


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