CMC – 29 November 2021.
A senior official of the UN Refugee Agency (UNHCR) says more humanitarian presence and support from the international community is needed as she commented on the plight of indigenous Venezuelan refugees in Guyana.
UNHCR’s Multi-Country Office Representative in Panama, Philippa Candler, speaking to reporters here, noted that an estimated 24,500 refugees and migrants from Venezuela are living in Guyana, including some 2,500 indigenous Warao.
Some have settled in hard-to-reach areas near the Venezuelan border and others in or around the towns of Mabaruma and Port Kaituma. Since early 2020, an estimated 250 Warao also found refuge in Anabisi in northern Guyana. More than half of this group are children. Continue reading
Guyana: Government overspending has wiped out oil earnings – Former Finance Minister Jordan
… financial hole now being filled with borrowings —Jordan
Winston Jordan
Dec 01, 2021 – Kaieteur News – With more than US$600M currently sitting in the Guyana Government’s Natural Resources Fund, former Minister of Finance, Winston Jordan believes that these earnings over the two-year period since oil began production in December 2021, has already been eradicated by the cumulative budget deficits presented by the Peoples Progressive Party/Civic (PPP/C) Administration.
A budget deficit occurs when expenses exceed revenues and indicate, generally speaking, the financial health of a country.
To this end, the former Minister of Finance, in the now ousted A Partnership for National Unity Alliance for Change (APNU+AFC), expounded during a recent public defense of his administration’s stewardship of the economy during its time in office. Continue reading →
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