Mark DaCosta- The Parliamentary Opposition, the A Partnership For National Unity and Alliance For Change (APNU+AFC), has criticised the government for failing to generate sufficient employment opportunities, particularly in light of its large infrastructure spending. They have called for greater transparency in the government’s economic reporting and a renewed focus on creating jobs that benefit all Guyanese, not just a select few.
They allege that many contracts are awarded to a small circle of the governing People’s Progressive Party/Civic (PPP/C) affiliates, leading to delays in projects and job losses. This, they argue, has exacerbated the economic struggles of ordinary citizens, who are finding it increasingly difficult to make ends meet.
The opposition has therefore called for greater transparency in the government’s economic reporting and a renewed focus on creating jobs that benefit all Guyanese, not just a select few. They argue that without accurate data and a commitment to inclusive economic growth, the country risks deepening inequality and social unrest.
The opposition has also entered the debate on the establishment of a Petroleum Commission in Guyana, seeking to clarify its position amid what they describe as widespread misconceptions. They support the creation of such a commission but stress that it should not replace the government’s role in overseeing the nation’s burgeoning oil and gas sector.
The controversy stems from comments made by Vice President Bharrat Jagdeo, who expressed concerns that a Petroleum Commission might diminish the government’s ability to make critical decisions in the sector. The opposition, however, argues that while the commission should be empowered to implement policies, monitor and regulate petroleum activities, and provide technical expertise, it must still operate under the general direction of the government. This balance, they suggest, is necessary to ensure accountability and the proper management of the country’s natural resources.
The opposition has committed to establishing the commission within their first year in office, should they win the next election, which is constitutionally due in 2025. They emphasise that the commission should function with a high degree of independence, including the ability to manage its own budget, hire staff, and make strategic decisions without undue government interference. However, they also assert that the government must retain the ultimate responsibility for the sector, given its critical importance to the nation’s economy.
Lastly, the opposition has taken aim at the government’s economic policies, particularly its handling of the cost of living crisis. They argue that the PPP/C’s failure to publish accurate unemployment and inflation statistics undermines the credibility of its economic management. Despite government claims that inflation has been kept low, the opposition points to higher inflation figures reported by international organisations like the International Monetary Fund (IMF) and the United States government, suggesting that the reality for ordinary Guyanese is far more severe.
A recent World Bank Fact Sheet stated that almost half the population lives in poverty and on less than US$5.50 or GY$1200 per day.