Weekend mirror february 18 19 2017

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18-19 February, 2017 / Vol. 9 No. 58 / Price: $100

Internet: http: //www.mirrornewsgy.com / e-mail: weekendmirror@gmail.com

Jagdeo gives APNU/AFC grade ‘F’

– no investments, no jobs, more crime, more taxation... O pposition Leader, Bharrat Jagdeo, has handed the APNU/ AFC coalition government a “bold red F” grade for its disastrous performance since taking over the reins of power. His comments were made just after President David Granger gave his government an “A” grade and boldly stated that the APNU/ AFC coalition will have another term in office. According to the Opposition Leader earlier today, this announcement by Granger confirms that his administration is out of touch with reality and trapped in a bubble. He also contended that they deserve an ‘F’ for failing to keep its promise to reduce the tax burden on the population, as well as its performance in the security sector. He noted that the APNU/AFC’s performance is compounded by a long list of unbroken promises and countless instances of corruption. “I can point to over 30 promises that have been broken,” he said. He pointed to promises of investments, jobs, reducing the tax burdens on Guyanese, increased administrative bureaucracy and

crime. Jagdeo stated that the Coalition, on the campaign trail, touted lines of investors waiting to do business in Guyana, but over two years later, none have materialised. He charged that government’s policies and signals are scaring away investors, particularly when it comes to the fact that when there is no long term vision for the economy. “No investment means no jobs,” the PPP General Secretary said. “The first thing is that they

promised jobs, but he has failed to secure investments that create jobs. He should give himself a failing grade for that, because… it was that party that said that there was a long line of investors waiting to come to Guyana, should APNU get into power,” Jagdeo said. The People’s Progressive Party/ Civic (PPP/C) leader also noted that it is the policies of Granger’s administration that has driven away investors. “The reason they don’t want to invest in Guyana is because of the policies of this government. They scared away not only current investors but they’ve scared away future investors. The people do not want- based on the signals that they’re getting- to put their money at risk,” he noted. Instead of the promised reduction of the tax burdens on Guyanese, he noted that while the Value Added Tax (VAT) was reduced from 16 to 14 per cent, VAT was extended to water and electricity consumption. He also pointed to the introduction of over 200 taxes in 2016 alone. The increased administrative

bureaucracy is increasing the burdens on businesses, according to him. On crime, he said, “The crime as we know is ravaging the entire country and we have a Minister who makes these unilateral pronouncements and a government totally at sea in how to address this growing cancer in society which is snuffing out lives of people and the business community too.” Jagdeo declared that Granger’s comment about ‘A’ Grade performance evidences the fact that the Coalition administration is out of touch with the reality of Guyanese people and trapped in a bubble. “Some of the more frightening acts of corruption have happened under this government,” he said, pointing to the drug-bond scandal and the billion-dollar settlement with Demerara Distillers Limited (DDL), among others. The PPP General Secretary charged that Granger’s talk of a second term is both “amusing and worrying” given that the Head of State “probably knows something that we (the people) do not know” and given that a second term will have to be based on merit.

SEE INSIDE

PPP will guard against rigging of elections – warns about Citizenship Department issuing documents to ineligible persons PAGE 2

The Waste of Our Human Capital PAGE 3

Imagine if there was no PPP in Guyana

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You Flunked, Mr. President

– No 2nd Term

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