‘Guyana’s exciting future requires risk-taking’

‘Guyana’s exciting future requires risk-taking’ – President Ali

Jul 22, 2025 News

…says govt. will not treat oil revenue as wealth

‘Guyana’s exciting future requires risk-taking’ – President Ali

President, Irfaan Ali

Kaieteur News – Expressing confidence that he will be elected to serve for a second term, come September 1, President Irfaan Ali made it clear that in order for Guyana to thrive, it requires risk-taking.

The president, who was speaking at a manifesto consultation held by the Peoples Progressive Party Civic (PPPC) at the Ramada Princess Hotel last week, said Guyana’s economy must be well balanced.

“We have seen around us, countries that made the mistake of treating oil, of treating natural resources, revenue as wealth,” he said while noting that Guyana’s strategies and programmes as well as progress are being recognized internationally.

He said members of the United Nations Security Council are celebrating Guyana and its asserted values that ultimately drive foreign policy and development. The president described the standards as “people-centered, people-oriented values that drive the new wave of wealth creation, materials of investment.”

President Ali said Guyana “requires experience handling our territorial challenges and our sovereignty is not a simple task.

Sometimes we make things look so very simple, but it requires constant negotiations, constant relationship building. It requires having international presence.”

Referencing the challenges faced by Trinidad and Tobago and Venezuela – both oil producing nations – he emphasized that natural resources are not wealth. The President said that for wealth to be amassed, revenue generated from the natural resources must be invested; something his government has been doing.

Referencing plans to establish a urea plant in Guyana, President Ali said that the government will ensure that citizens own it.
“So, every single Guyanese would have an opportunity to invest in that plant and have a decent return on their investment,” he said.

Meanwhile, the president who was supported by Vice President Bharrat Jagdeo, Minister of Tourism, Industry and Commerce Oneidge Waldron, Minister of Amerindian Affairs Pauline Sukhai said that once given a second term to serve the people of Guyana, the government will find new ways to create opportunities for citizens to invest since the government is incapable of competing with the private sector on the wages and salaries front.

“…we have to look at ways in which persons can earn variable income by investing in opportunities in the country, and that is exactly where the ordinary household can invest in various opportunities in the country, diversify their revenue the different areas for revenue for themselves and create prosperity in the home,” he added.

Since the launch of its party’s campaign, the PPPC has been making a conscious effort to remind supporters of its achievement over the last five years and convince them to vote the party in for a second term.

At the PPPC’s Kitty, Georgetown rally, President Ali called on supporters to maintain their dignity and not support the other political parties in the race.

Delivering his address to thousands of supporters gathered at the Kitty Market Square Ali said, “So let me thank all of you for coming out in such massive numbers, massive, massive numbers. You did not just show up. You showed the whole country today that PPP is ready; Guyana is ready to deliver the biggest victory ever for the Peoples Progressive Party/Civic.”

He added, “We are not getting weaker. We are getting stronger, bigger, louder, and come September 1, we will sweep the polls like never before in the history.”

President Ali has promised higher salaries, pension, more cash grants and reforms in housing, finance, technology, and also traditional sectors like agriculture and mining. He outlined the party’s plan to expand wealth creation opportunities for citizens.
“We build schools, hospitals, roads, jobs and homes. We don’t say things to win elections. We say things, we do what we say and the last five years, we have proven that we are the party that delivers, the party that performs, the party that you can trust every single day you’ll see the work of your government,” Ali said during his plea for re-election.

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Guyana future, Guyana’s economy, oil revenue, PPPC, President Irfaan Ali, Risk-taking

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