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2011 Budget Center Of Attention At UG Pannel Discussion

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The Government’s 2011 budget was the center of discussions today as the institute of development studies at the University of Guyana staged a panel discussion under the theme “tomorrow’s Guyana-A view from today: discussing the 2011 budget together.

Sitting on the panel were chartered accountant Christopher Ram and former budget director within the Ministry of Finance Winston Jordan.

The panel discussion attracted both students and lecturers of the University of Guyana. Also present were members of civil society and the trade union movement.

In his presentation, the former budget director said a lot was missing from the 2011 budget and its vision might be shortsighted.

Jordan also said that he was not too happy to see that a budget of such magnitude was passed in a very short time.

And Chartered Christopher Ram said that while the budget presentation and debates are over, there are still several issues which have been left unaddressed. He  said that one of his major concerns is that no where in the Government’s budget was mention made  of the lotto funds and other monies that should have been in the consolidated funds.

 

Ram also pointed to the issue of VAT. According to him increasing the income tax threshold and reducing corporate taxes should not be seen as tax reforms.

Those in the opposition circle have also criticized the government’s budget saying that it has nothing new in it for the citizens of this country.

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