Respectively, 2019 GDP numbers in current US dollars are: $5.1 billion; $372 billion and $2.8 trillion.* Consider the charts below. Singapore almost disappears in the size category. Guyana actually does in GDP (income) category — too small for scale! Continue reading
Daily Archives: 03/17/2021
OPINION: Healing Guyana’s Socio-Political and Economic Ills – Part 2 of 2
MIAMI, Florida, March 10, 2021 – Guyana’s 78.3 thousand population occupies a land mass of 83,000 sq ml, compared to Singapore’s 279.6 sq ml with 5.7 million population and England’s 50,301 sq ml with population 56.3 million.
GUYANA: The political culling of the Public Service
By Stabroek News – March 16, 2021
Every time that there is a changing of the political guard in Guyana there occurs some element of change in the lineup of public officers. It is a dislocating process that sometimes cuts a swathe across a wide section of state-controlled agencies, generating equal measures of anger and anxiety
. The practice, all too frequently, is decorated by some of the most brainless and absurd justifications for what is, in effect, the political gouging/’cleansing’ of state agencies. Its motive? To address the comfort level concerns of the new political directorate. There continues to be a generous measure of evidence of that political culling this time around. Continue reading
OIL: Despite higher Govt. take; stricter policies; oil companies still flock to Suriname
Mar 17, 2021 – Kaieteur News – By Mikaila Prince
Map showing location of Suriname’s Block 58 and Guyana’s Stabroek Block
Guyana was not the only South American country that struck black gold offshore last year. In fact, our neighbour to the east, Suriname, had announced three consecutive oil finds in its Block 58 in early 2020.
Following this discovery, international oil companies immediately began to flock Suriname, says the former Chief Executive Officer (CEO) of Suriname’s Staatsolie, Rudolf Elias. What Elias thought pertinent to highlight in a Kaieteur Radio interview, is that although the Suriname government has a higher take from its oil resources, and despite the fact that it imposes stricter policies, oil companies are running to set up shop in Suriname waters. Continue reading →
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