Georgetown – Minister within the Ministry of Finance, Jennifer Webster said that over the past five years, the PPP/C administration has striven to deliver the budget as early as possible into the New Year.
The Minister was at the time making her presentation at the Budget debate.
Despite assertions by the Opposition, the junior Finance Minister maintained that the 2011 budget presented under the theme “Together- building tomorrow’s Guyana, today”, is in no way an ‘election year’ one.
She said that budget 2011 is reflective of Government’s unwavering commitment to fiscal prudence and to ensuring a sustainable development path that does not see the country returning to the days when the burden of debt strangled the then PNC’s ability to do anything for Guyana and its people.
With regards to the issue of supplementary provision, which has been a hot topic amongst the Opposition benches, Minister Webster said that those provisions were driven by circumstances of a nature unforeseen, unavoidable, or urgent.
As a result of Government’s sound economic management and judicious policies, Guyana’s external debt now stands at US $1B, which is 54 percent of the GDP.
