EDITORIAL – By Stabroek News – July 10, 2022

Vice President, Bharrat Jagdeo, and President Irfaan Ali
The most disquieting report we have carried in a very long time appeared in our edition of July 8. It was an account of the extended version of VICE News’s video documentary titled ‘Guyana For Sale’, the initial portion of which had been carried on June 18. This part had consisted largely of an interview with Vice President Bharrat Jagdeo and his tenant, Mr Su Zhirong, along with a VICE reporter posing as a Chinese businessman interested in a deal here. The meeting had been arranged, according to the documentary, in order to demonstrate to the supposed entrepreneur that Mr Su, a middleman, had “access at the highest level.”
In the clips of the interview which were shown Mr Jagdeo did not implicate himself directly in the ‘business deal’, and he later strenuously denied any implication that he was associated with corrupt practices. As for Mr Su’s specific allegations about him accepting bribes, he responded that his tenant had abused their friendship for his own gain and had lied about him, and if VICE News had been discerning, then they would have realised they were “being duped”. Subsequently he announced he was bringing a defamation suit against Mr Su, who not surprisingly is no longer his tenant. Continue reading →
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GUYANA: Government rejects distributing oil money to every home
The President explained that doling out cash in that manner would be one of the worst things the government could do, and the quickest way to afflict Guyana with the dreaded Dutch Disease.
Ali was responding to questions about whether Guyana is already facing the resource curse, since its oil economy is leading overall economic growth. Finance Minister Dr. Ashni Singh had said Monday that the oil sector grew 124.8% and that the non-oil economy grew 11.5% in 2022. This resulted in overall economic growth of 62.3% for Guyana last year. Continue reading →
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