GUYANA: Independence – 55 years – Editorial from Kaieteur News

May 27, 2021  Editorial – Kaieteur News

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  • Mike Persaud  On 05/29/2021 at 6:46 am

    “Fifty-five years after the granting of Independence, Guyanese have to grow up, manifest the maturity to think for themselves and do for themselves. They must not be anybody’s doormat, or any leader’s village idiot. It is time to take our destiny into our own hands, and recognise what Independence really means. Starting right here – now.”

    This is a familiar refrain. I am old enough to remember the struggles for independence. I recall the name Duncan Sandys. He despised Cheddi Jagan.

    I also recall Jagan objecting to the proposed date of May 26 as one deliberately chosen to rub salt in the wounds of the survivors of the Wismar Massacre. But Forbes Burnham did not budge.

    Finally, Independence Day arrived and celebration was done by half of the population while the other half commiserated – a day of commemoration of the tragic events of May 1964.

    There was a dramatic dip in the standard of living and the overall quality of life in the decades to follow under the new Guyanese government. There was a palpable sense of despair and hopelessness in the Indo-Guyanese community as families struggled to feed their children when basic food staples were banned. People rushed to leave the country.

    Fifty-five years on and the population has remained virtually the same with a vast number of Guyanese living (essentially as displaced persons) in foreign lands. The current administration has not impressed me as one that could use the discovery of oil revenue to steer the ship out of troubled waters and improve the quality of life for all Guyanese.

    Guyanese everywhere must raise their voices and speak out for a better tomorrow. They must hold the Irfan Ali government to account.

    Mike Persaud

  • Michael O Alstrom  On 05/29/2021 at 6:54 am

    Some stinging slaps of truth well delivered

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  • brandli62  On 05/30/2021 at 3:31 pm

    “The leaders in the present government have the freedom to play games with the national oil fund, that precious savings pool and reserve provision. They will; and unless Guyanese exercise the freedoms to stand up and speak out, question courageously, and criticise constructively, anything and everything about this most promising oil treasure, then they will have contributed most irresponsibly and shamelessly to the squandering of their own future, and that of their children’s up the road.”

    It is good to read that the Editorial Board of Kaieteur News has become vigilant about the National Resource Fund, Guyana’s sovereign wealth fund. It will be key for the future of Guyana that its oil revenues are managed sustainable, transparent, and independent of interference by any party in power. Oversight needs to be exercised by the parliament and not the executive. To avoid depleting the fund, only the interest earned on the assets of the fund should be fed into the national budget. These are some of the guiding principles that govern the Norwegian oil fund. They were crafted wisely to preserve the oil revenues for future generations, while supplementing the national budget with increasing amounts of money as the fund grows in size.

    Regarding the future of the national oil fund, the key and simple question that every Guyanese has to answer for himself is whether he or she wants the nation to look like Norway or Nigeria by the end of this decade? The answer is clear in my mind.

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