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Guyana: The business community and declining fortunes

GCCI

The business community and declining fortunes

MARCH 13, 2014 |  EDITORIAL

The Georgetown Chamber has completed yet another attitudinal survey and as has been the norm, its findings hold no surprises for those who have been following business trends over recent years. The overwhelming majority of those who responded to the survey say that they do not hold out much hope for a change in their fortunes this year.

This comment jars sharply against comments by the government that the economy is on the ‘improve’ and that businesses are expanding.  The government has over the years, been keen to inform the world that it was open to expediting the investment climate and that people were falling head over heels to come to invest in Guyana.

Such a report would have brought smiles to the members of the business community. For example, the hotels would have been reporting better occupancy, because the visiting investors would have had to stay somewhere.  Continue reading

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