Secretary General of the SDMS,NFL Cheap Jerseys, Sat Maharaj,Wholesale NFL Jerseys, has expressed appreciation to the government for the grant.“We appreciate the fact that the incoming government has maintained the grant to the Maha Sabha and the Hindu community and more especially,Air Max 97 Undefeated Green, we appreciate the fact that it was announced well in advance of Diwali so that we know how to go about utilising the funding.“I want to make it clear that Diwali starts five days before the 10th of November. The official day is the 10th of November,Cheap Nike Air Max 90 Mens, it starts five days before and in Trinidad in the Maha Sabha we end it on the 25th of November which is Kartik day when all of the temples and the schools and the Hindus go to the beaches to have their devotions and prayers and so on.? So that the funding is appreciated and we say thank you,Cheap NFL Jerseys,” Maharaj said.

When it comes to debt management, there are four main areas that need to be improved in the coming years.According to Finance Minister,Wholesale China Jerseys, Winston Jordan, these include strategy formulation, self assessment, operational risk management and negotiations.With regard to Strategy Formulation, Jordan said that the real focus of a debt management office should be to develop and implement a medium-term debt management strategy.He said that this requires staff with a strong understanding of how to formulate debt strategy, including designing a Medium Term Debt Strategy (MTDS).Jordan said that increasingly, this also requires the ability to analyze complex financial instruments. He noted that debt management staff must understand financial conventions, financial market calculations, and the mathematics behind the instruments being contracted.He said that they must be able to conduct a cost-benefit analysis that allows the Government to make smart decisions when faced with a menu of instruments or borrowing terms.Speaking on self-assessment, the Finance Minister said that a modern debt management office should not have to rely solely on external reviews to guide its improvement.“We need to master the use of self-assessment tools, such as the Debt Management Performance Assessment (DeMPA), so that our debt management teams can be more proactive in identifying and remedying weak areas in debt management operations and in the institutional framework for public debt management on our own,” the Finance Minister contended.In relation to Operational Risk Management,Wholesale Jerseys Online, the Finance Minister articulated, “We give a lot of attention to managing debt risk, but our internal operations must be robust as well. Debt management offices are responsible for recording debt data, instructing debt payments, and storing loan agreements.“Storing information non-systematically, or only in paper form, puts us at risk for data loss.”“For example, many of Guyana’s government institutions are housed in wooden heritage buildings. While beautiful, these facilities could be devastated by fire or flood. When Guyana’s Ministry of Finance Annex was razed several years ago, important grant and tender board documents were destroyed, and information was lost.”The Finance Minister said that the Ministry of Finance must improve records management and data storage to avoid such losses, by improving our systems and taking advantage of new technology. In effect, the politician said that Guyana must develop much greater capacity in operational risk management, especially in debt management operations.This would minimize the possibility of loss from system failures, human error and misconduct as well as from natural disasters, such as fires and floods.As for the area of negotiations, the economist said that every country should be able to borrow on terms that are fair and mutually advantageous and that achieve Government’s cost and risk debt management objectives.To do this, he said that Guyana’s representatives must be able to negotiate well. He said that this requires better understanding of complex borrowing instruments,Soccer World Cup Jerseys, as well as a trained team of professionals with demonstrated skills in negotiation strategies and techniques.The Finance Minister said that improving debt management capacity in these four areas will require Guyana to address a number of institutional challenges.With this in mind, the legal framework for debt management in Guyana comes from a patchwork of legislation, much of it outdated, including the External Loans Act (last updated in 1991), the Guarantee of Loans Act (1974), the General Loans Act (last updated in 1984), the Financial Administration and Audit Act (1963),Cheap Huarache Shoes For Men, and the Fiscal Management and Accountability Act (2003).Ideally, a debt management legal framework should address authority to borrow, borrowing limits, guarantees, and on-lending arrangements, and establish institutional structures for debt management.Current laws place some limits on government borrowing, and assign general debt-management responsibilities to different agencies.Jordan said, however, that especially with regard to institutional roles and procedures, the laws do not provide a clear legal framework for Guyana’s increasingly modern and complex debt management.He explained that the broad mandates in the current legislation omit specific parameters for contracting, guaranteeing and servicing external and domestic debt.“For example, there are no guidelines regarding the issuance and management of guarantees. The existing legal structure also fails to clearly delineate roles, responsibilities and protocols among the agencies that share deb

…conflict of interest with hospital pharmacists who own private pharmaciesMinister of Health, Dr. Bheri Ramsaran,Wholesale China Jerseys, has blasted the healthcare administration in Berbice,Cheap Jerseys For Wholesale, blaming what he termed as a ‘management issue’ over the numerous complaints he has received over the past months, regarding drug shortages in the Berbice system. Minister Bheri Ramsaran was speaking in Berbice recently.The Ministry of Health,World Baseball Classic Jerseys Outlet, he stated, is spending “more and more monies on medications.” Dr. Ramsaran noted that it is a bit “disconcerting” that there are still reports of inadequate supplies of medication at the Berbice hospitals.Dr. Ramsaran said that the Ministry of Health is baffled after doling out millions upon millions of dollars in drugs and pharmaceuticals. “And there are no medications,Cheap NBA Jerseys China, so we do have reports and people sending in anonymous letters…I’ve been to several community meetings and I’ve been getting criticisms and notes that you have persons who are working in the pharmacies in the hospitals, with direct access to the medications, or with the responsibility of ordering and not ordering medications, who also have direct financial, material interests in pharmacy in the public interest.”He noted that in many instances “we have persons with interests in the private pharmacy industry, of also being in charge of public pharmacies. This is a criticism which I have known of…this is what the public is putting on the front burner.”The Minister expressed his disturbances that the regional officials in Berbice did not bring this matter to his attention and not take steps. Minister Ramsaran added that he has met with several Berbicians who made such allegations and will investigate immediately why the Ministry seems to be spending so much money on drugs and there are still shortages in the Berbice healthcare system.Berbice has a drug bond in the compound of the National Psychiatric Hospital at Fort Canje,Adidas Hockey Jerseys Cheap, Berbice, and the Minister was upset at the condition in which the bond is being kept. “We did a spot- check—the Chief Medical Officer (CMO)—at the little bond in the mental health compound recently, and he was shocked at the condition. We still have the evidence to that.”He urged the local authorities here to visit these places, “and there are things which were allegedly short—and were found to be there—and this is evidence in black and white…”He blamed the management for these problems. He instructed the CMO to intervene, immediately,NFL Jerseys China, in that matter so that the bond will be run better and drugs stored in better conditions.Over the past months, there have been numerous reports of drug shortages at the various hospitals in Berbice, sending frustrated Berbicians to make purchases from outside the health care system.