Large slice of budget to bail out two insolvent, badly mismanaged institutions
The PPP claims this is the biggest budget ever and there was lots of cheering from the PPP benches in parliament.
What the PPP conveniently forgot to tell us is that the two largest items in the budget were going to bail out two insolvent institutions that have been badly mismanaged by the PPP.
Those companies are GPL and Guysuco. Ramotar and the PPP would never open these two institutions to independent auditing but the PAC needs to ensure that this is done and make it contingent on the bailout.
Another thing that must happen is that the board at Guysuco and GPL has to go. The PPP’s unqualified stooges need to be removed before any money is given to these companies.
Sugar workers and others must support the opposition. Even if you don’t like them, you must support that move to ensure accountability. It is for your benefit.
What is important to note, though, is that the PPP is very positive about the budget and these massive expenditures and while NIS is also close to being insolvent as well, the PPP wants us to spend more money on a Marriot Hotel and they want us to spend more money on an airport no one needs.
Berbice roads are a mess but instead of fixing that let’s expand the airport roads because while those are used for a small fraction of the day, by few people, it is more important to fix something that is not broken than to fix something that is broken.
John B. Singh