Tag Archives: Guyana – Treasury Bills

Guyana has been living beyond its means – Anand Goolsarran

Guyana has been living beyond its means – Anand Goolsarran

$86B accumulated in debts  – Consolidated Fund overdraft about $60B
Former Auditor General, Anand Goolsarran

Anand Goolsarran

June 3, 2015 | By | By Kiana Wilburg
With respect to Treasury Bills, Guyana has accumulated over $80B in debt. And the Consolidated Fund could be overdrawn by as much as $60B.

Former Auditor General (AG), Anand Goolsarran in pointing to these startling findings, said that it paints the clear picture that “Guyana has been living beyond its means.”
To cement his point, he examined the explanation given by Finance Minister, Winston Jordan for the Consolidated Fund being in heavy overdraft.  Continue reading

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