Friday, March 24, 2023
Village Voice News
ADVERTISEMENT
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us
No Result
View All Result
Village Voice News
No Result
View All Result
Home News

President Ali Says Cash Transfers Not Feasible

Admin by Admin
January 6, 2023
in News
President Irfaan Ali

President Irfaan Ali

0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Support Village Voice News With a Donation of Your Choice.

In an apparent complete reversal, the People’s Progressive Party (PPP) administration has said that even at the highest point of oil revenues the government cannot afford cash transfers to all citizens. Guyanese will recall that during the last election campaign the PPP had promised that if elected, there will be direct cash transfers of oil money to Guyanese citizens.

The new position of the PPP regime was revealed by President Irfaan Ali himself on Thursday, January 5.

READ ALSO

Overcoming Childhood Struggles to Achieve Dream of Becoming a Pilot and Entrepreneur

PPP contesting all local authority areas in upcoming elections

President Ali said, “I can say like many others, let’s give everybody $1 million each. First of all, it is nonsensical because we can’t afford it even at the highest point of oil revenues.

“As a society, we have to debunk this type of fallacy otherwise, all of us will be part of building a future that is not sustainable.”

Advertisement

The president’s most recent statement of his government’s position is the complete opposite of the platform on which the PPP campaigned. Furthermore, until the President’s Thursday revelation, the PPP regime had maintained that it supports direct cash transfers to families.

Guyanese will recall that on August 17 last year — immediately after the $25,000 handout — senior finance minister Dr. Ashni Singh had spoken about the benefits of direct cash transfers to Guyanese citizens.

Minister Singh said, “[Citizens] buy some goods with it (basic necessities), they go to the shops, they go to the service- providers, and it then multiplies itself over in the economy. The person in the market gets more sales, they then (with such sales) go to the wholesaler and they buy more. The wholesaler then goes to the manufacturer and he or she buys more, and more economic activity is stimulated.”

As matters stand, it appears that the PPP administration has done a complete about turn, and reversed a policy position that it has been touting to the Guyanese public since the 2020 election campaign.

 



Support Village Voice News With a Donation of Your Choice



ShareTweetSendShareSend

Related Posts

News

Overcoming Childhood Struggles to Achieve Dream of Becoming a Pilot and Entrepreneur

by Staff Writer
March 24, 2023

Leslie Alexander Williams Leslie Alexander Williams was born on the 1st April 1993 to Lesley and Michelle Williams at the...

Read more
News

PPP contesting all local authority areas in upcoming elections

by Admin
March 24, 2023

The People’s Progressive Party/Civic (PPP/C) will be contesting in all the local authorities at the Local Government Elections scheduled for...

Read more
News

ERC news commissioners to commence work shortly

by Admin
March 24, 2023

The newly reconstituted board (2023-2026) of the Ethnic Relations Commission, (ERC), convened on Thursday March 23, 2023 and will commence...

Read more
Next Post

COVID-19 TRAVEL ADVISORY TO GUYANA

EDITOR'S PICK

Police officers block a street after exchanges of gunfire in Vienna, Austria November 3, 2020 (Reuters/Radovan Stoklasa)

Austrian minister says ‘Islamist terrorist’ in Vienna attack, death toll rises to five

November 3, 2020

VAS Energy denies conning Sanjay Jewelry $26M 

September 3, 2021
City Mayor, Ubraj Narine

City Hall pleased with first quarter performance  

March 24, 2021

U.S. condemns ‘heinous’ assassination of Haitian leader, assessing attack

July 7, 2021

© 2022 Village Voice | Developed by Ink Creative Agency

No Result
View All Result
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us

© 2022 Village Voice | Developed by Ink Creative Agency