Readers Response

Dear Editor:
Now that the Minister of Finance Mr. Winston Jordan has confirmed last week information that both he and I knew since the end of February 2018, I say the Guyanese economy is in trouble. A growth rate of 2.1% for 2017 was announced.
There is clearly a lesson this Granger regime refuses to learn from the rest of the world. But let us not even go to Asia; let us reflect on Africa. That continent failed in the lost decades between 1970 and 2000. However, today the World Bank projected that Africa will grow by some 3.6% in 2019, 3.3% in 2018, compared to 2.5% in 2017.
Guyana, on the other hand, is projected to be moving in the opposite direction with a forecast growth rate of 1.1% in 2019, 1.8% in 2018 on the back of a 2.1% growth in 2017. Guyana looks set to expect ZERO GROWTH by 2020 if this policy paralysis of Mr. Jordan continues.
What can Mr. Jordan learn from Africa?
1. Manage the economies better. With policy stars like President Paul Kagame in Rwanda in power, their positive policy influence is infecting the continent. Every African leader wants to be the next Paul Kagame who uses drones to deliver medical supplies and blood to remote hospitals in the mountains in hours when in the past the same operation took days by land. In Rwanda, which is growing by almost 7%, their government has actively reduced their fiscal deficit as a percent of GDP in 2017 and it is set to reduce further in 2018. All they did was use their brains and the latest technology.
2. Investors need stability. An increasing number of African leaders are becoming global dealmakers who offer international investors fiscal stability. The change in leadership in South Africa happened for a principled reason; to weed out the corrupt one only to replace him with professional business magnate. Out went Zuma; in came Ramaphosa. The billionaire President Cyril Ramaphosa is a private sector man who is on a mission to grow his nation’s private sector as a means of putting his people to work.
3. Competent debt management. Africa is extremely careful in how they are managing their debt. Even a basket case like Zimbabwe has signed on to this mission. President Mnangagwa was successful in getting China to write off all of Zimbabwe’s debt owed to that country in exchange for favored access to some of the mineral wealth. What this transaction did was positively change the cash flow dynamics in that country with the stroke of a pen.
4. Africa is getting rid of loss-making non-exporting public enterprises. Notice I said non-exporting. Ethiopia is a clear example of this success story where all loss-making non-exporting public enterprises were privatized. The immediate impact was that the economy took off to a growth rate which was 8.1% in 2017.
5. Africa got on board with the telecoms revolution. In 2000, Africa had 11 million phone lines, today it has over 800 million mobile lines with a penetration rate of some 74%. Kenya was a global trendsetter with a technology called mobile money. When the Americans were waking up to the payment of bills on smartphones, that technology was already 10 years old in Kenya by way of a platform called M-PESA (meaning money in Swahili). In Kenya, there was a mobile phone penetration of almost 80% by 2017 creating some half a billion dollars in “person-to-person” transactions.
6. Africa is making a serious attempt to invest more in education. But their focus is on the people first, then buildings. Their mission is to cultivate a cadre of teachers who are better remunerated who can own the system rather than leave it to the politicians.
7. Africa got serious at reducing conflicts. The African Union made it very clear that democracy must be respected. This has resulted in some important democratic transitions happening across the continent.
It is a human development wonder to observe the operations of African leaders like Paul Kagame from Rwanda. He understands the concept of human development and is making some serious moves at empowering and enriching his people at the mass level, unlike David Granger.
So what is Guyana doing wrong?
Sasenarine Singh via email

April 25, 2018 issue
Readers' Response
Guyana's courts set for endless legal battles
*Dear Editor:* While a battle is going on between President David Granger and Opposition leader Bharrat Jagdeo over the appointment of the Head of Judiciary, it seems there will be endless legal battles in the Courts of Guyana. The latest are the private criminal charges brought against two senior government officials. Two former officials in the Jagdeo administration were charged in absentia with three counts of misconduct in public office. Both accused, former Finance Minister Ashni Singh and former Head of the National Industrial and Commercial Investments Limited, Winston Brassington are overseas. The charges filed last Wednesday are against the sitting minister of Public Health, Volda Lawrence, and former Minister Dr. George Norton. The two government officials are also charged for misconduct in public office, charges similar to those faced by Singh and Brassington. The Director of Public Prosecutions (DPP) can intervene and enter a nolle prosequi against Lawrence and Norton. Incidentally she has the power to intervene in all criminal prosecutions, including those against the PNC officials. I should note that the sitting DPP Shalimar Ali-Hack is being investigated by the Special Organized Crime Unit (SOCU) in the Pradoville Land issue and this might put her in an awkward position. But SOCU has been threatening PPP officials ever since Granger took over the administration, apparently without substantial evidence to lay charges. There are also criticisms that APNU/AFC officials are also involved in skullduggery, but so far no charges have been laid against any government officials. The Granger administration does not have capable attorneys to represent the government by way of Opinions or Court appearances in complicated issues and to this end two Barbadian Queens Counsel, Ralph Thorne and Hal Gollop have been retained to represent the government firm from the third term case involving former President Bharrat Jagdeo. The respondent in the case, Cedric Richardson, also sought the services of Senior Counsel, Douglas Mendes, and a firm from Port of Spain. Guyana’s Attorney General, Basil Williams, SC, has often been criticized for ill advising the government in several issues which cost the government millions of dollars. His main critic is Anil Nandlall, the former attorney general, who incidentally is also facing a criminal charge over law books. The latest critic against Williams is his assertion that he was granted permission from the Council of Legal Education to establish a law school in Guyana. Guyana which produced the best legal brains in the Commonwealth Caribbean, the likes of the Luckhoos, JOF Haynes, Kenneth Stoby, Victor Crane, Mohamed Shahabuddeen, Shridath Ramphal, Fenton Ramsahoye, Keith Massiah et al does not have that outstanding status any longer. The Co-operative Republic is the only country in the planet where there must be an agreement between the Head and Government and Opposition leader over the appointment of Chancellor and Chief Justice. This blunder is responsible for the country to be in limbo for more than 15 years. Carl Singh and Ian Chang could not be confirmed in their positions. They retired as “actors”. And now there is no agreement over the President and the Opposition leader’s nominees. When will this end? Oscar Ramjeet via email

Finance Minister Jordan should learn from Africa
Dear Editor: Now that the Minister of Finance Mr. Winston Jordan has confirmed last week information that both he and I knew since the end of February 2018, I say the Guyanese economy is in trouble. A growth rate of 2.1% for 2017 was announced. There is clearly a lesson this Granger regime refuses to learn from the rest of the world. But let us not even go to Asia; let us reflect on Africa. That continent failed in the lost decades between 1970 and 2000. However, today the World Bank projected that Africa will grow by some 3.6% in 2019, 3.3% in 2018, compared to 2.5% in 2017. Guyana, on the other hand, is projected to be moving in the opposite direction with a forecast growth rate of 1.1% in 2019, 1.8% in 2018 on the back of a 2.1% growth in 2017. Guyana looks set to expect ZERO GROWTH by 2020 if this policy paralysis of Mr. Jordan continues. What can Mr. Jordan learn from Africa? 1. Manage the economies better. With policy stars like President Paul Kagame in Rwanda in power, their positive policy influence is infecting the continent. Every African leader wants to be the next Paul Kagame who uses drones to deliver medical supplies and blood to remote hospitals in the mountains in hours when in the past the same operation took days by land. In Rwanda, which is growing by almost 7%, their government has actively reduced their fiscal deficit as a percent of GDP in 2017 and it is set to reduce further in 2018. All they did was use their brains and the latest technology. 2. Investors need stability. An increasing number of African leaders are becoming global dealmakers who offer international investors fiscal stability. The change in leadership in South Africa happened for a principled reason; to weed out the corrupt one only to replace him with professional business magnate. Out went Zuma; in came Ramaphosa. The billionaire President Cyril Ramaphosa is a private sector man who is on a mission to grow his nation’s private sector as a means of putting his people to work. 3. Competent debt management. Africa is extremely careful in how they are managing their debt. Even a basket case like Zimbabwe has signed on to this mission. President Mnangagwa was successful in getting China to write off all of Zimbabwe’s debt owed to that country in exchange for favored access to some of the mineral wealth. What this transaction did was positively change the cash flow dynamics in that country with the stroke of a pen. 4. Africa is getting rid of loss-making non-exporting public enterprises. Notice I said non-exporting. Ethiopia is a clear example of this success story where all loss-making non-exporting public enterprises were privatized. The immediate impact was that the economy took off to a growth rate which was 8.1% in 2017. 5. Africa got on board with the telecoms revolution. In 2000, Africa had 11 million phone lines, today it has over 800 million mobile lines with a penetration rate of some 74%. Kenya was a global trendsetter with a technology called mobile money. When the Americans were waking up to the payment of bills on smartphones, that technology was already 10 years old in Kenya by way of a platform called M-PESA (meaning money in Swahili). In Kenya, there was a mobile phone penetration of almost 80% by 2017 creating some half a billion dollars in “person-to-person” transactions. 6. Africa is making a serious attempt to invest more in education. But their focus is on the people first, then buildings. Their mission is to cultivate a cadre of teachers who are better remunerated who can own the system rather than leave it to the politicians. 7. Africa got serious at reducing conflicts. The African Union made it very clear that democracy must be respected. This has resulted in some important democratic transitions happening across the continent. It is a human development wonder to observe the operations of African leaders like Paul Kagame from Rwanda. He understands the concept of human development and is making some serious moves at empowering and enriching his people at the mass level, unlike David Granger. So what is Guyana doing wrong? Sasenarine Singh via email

< Greater Toronto	Editorial & Views >