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– OppositionThe Shadow Finance Minister of the political opposition faction,China Jerseys Cheap, A Partnership for National Unity (APNU) Carl Greenidge is saying that the Government’s Chief Whip, Gail Teixeira is being malicious with some of her statements.Carl GreenidgeTeixeira in previous media reports had stated that when it comes to the Parliamentary Special Select Committee,Cheap Jerseys Online, the? Opposition has not tabled or submitted a single amendment which points specifically to the parts with which they have a problem.“Teixeira is just being malicious when she makes such remarks. She is trying to portray that we don’t have any proposals for the Anti-Money Laundering and Countering the Financing of Terrorism Bill and that is highly inaccurate. We have made our position clear on this matter.? And it needs to be made clear that there is a process in doing this and we are currently still debating that process on whether stakeholders can be present or not at the meetings of the Select Committee. We are discussing the Bill in a systematic way. When we discuss it clause by clause as we get to one where we have a problem,NBA Jerseys From China, we will table our amendments but we are not at that stage right now,” Greenidge said.The Former Minister of Finance added, “When we arrive at that stage where it is required of us to do so then we will submit our proposals and Teixeira should not be spewing a position that suggests otherwise.”He reminded that during the discussions in parliament when consideration was being given to send the Bill back to the Select Committee,China NFL Jerseys, he had made it known the areas of the Bill with which the Opposition was concerned with. “We have made this clear to the press on numerous occasions and to the Chief Whip as well.”In addition to this,Wholesale NFL Jerseys, APNU’s Shadow Minister of Public Works and Telecommunications, Joseph Harmon expressed his unwavering support for the Greenidge’s position.The Member of Parliament said, “The Bill that is before the Select Committee is not the same Bill that was before it last year. There were several proposals and recommendations that were added and since that is the case we have to be more cautious. It is important for the members of the general public to understand this and not fall prey to the malicious misconceptions that are being leaked into the media by the Chief Whip.”Gail TeixeiraHe added, “Teixeira is well aware of our concerns on the Bill and we have made it clear that while the work will be done,Cheap Soccer Jerseys, we will ensure that is done in a most accurate manner, and that can only be done if we follow the process which we have agreed on.”


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…growth hinges on success of Skeldon sugar factory?By Gary EleazarFinance Minister Dr Ashni Singh yesterday announced a $128.9B Budget that aims at having the economy of Guyana withstand the impact of the global financial crisis, but this announcement was void of a long-awaited announcement of an increase in the income tax threshold.Yesterday, while announcing a less than desired Gross Domestic Product growth, the Finance Minister said that 2009 should fare better, but it is dependent on the success of the New Skeldon Sugar Factory.According to Dr Singh, the budget was crafted with the objective of preserving macroeconomic stability, but he was also cognisant of the fact that the country was operating in a global economy that, “is currently experiencing its most challenging time in recent memory.”As such, the minister pointed out, for this year,Cheap Authentic Jerseys, the sugar sector is once again likely to exert significant influence on overall performance of the GDP, given that it is projected to recover from a particularly low base.This notion is embedded in the fact that the new plant is supposed to be up and running under Guyanese control by mid-year.Sugar recorded a horrendous performance in 2008.The minister noted that it was against this background that growth in the non-sugar economy is projected at a moderate 1.8 percent,Cheap Jerseys, which was reflecting the prevailing global conditions. “With the inclusion of the sugar sector, real growth in gross domestic product is targeted at 4.7 percent.”Sugar production is now projected to return to the level budgeted for last year,NFL Jerseys China, according to Dr Singh, a generous 290,000 tonnes, thus representing a 28.2 percent increase above the low production level of 2008.He emphasised that the realisation of the set target was conditional on the development of an appropriate turnaround plan which will be outlined by the interim management board, “and the successful implementation of its recommendations for the immediate term.”He said that the Government did recognise the risks and vulnerabilities inherent in the achievement of the objective, and will continue to monitor the industry especially closely to ascertain progress towards this objective and corrective actions that may prove to be necessary should any deviation arise.The rice sector, which is another major contributor to the country’s GDP, is targeted to produce 306,156 tonnes,China Jerseys Wholesale, which represents a 7.1 percent decline from last year.According to the Finance Minister, the projection was based on account of response to moderating price levels, and delayed planting as a result of weather conditions at the start of this year.He announced a growth rate of three percent in the livestock sector as a result of improved breeds of cattle and numbers of swine which were distributed in 2008.He added also that increased production levels of poultry meat and reduced levels of grain prices will significantly reduce cost.The non traditional sector of exports of fruits and vegetables among others, Dr Singh said, will be yielding the benefits of the Grow More Campaign.The sector is targeted to grow by two percent, which he posited should be enough to outweigh losses from flooding in the early part of the year.“The forestry sector is expected to return to positive growth of 0.3 percent in 2009, while growth in the fisheries sector is projected to remain flat.”The mining and quarrying sectors, which performed creditably last year,Wholesale Jerseys 2018, mainly due to increased gold production and a relatively high price, is expected to contract by 1.4 percent in 2009, with all of the three major products that comprise this sector expected to record negative growth.The reason for the decline, according to the Finance Minister, is the continued depressed market prices.He noted that the bauxite sector is expected to record a contraction in output of 7.1 percent, dropping to 1,943,NFL Jerseys China,624 tonnes.“Even though gold prices are predicted to remain relatively strong, the performance of 2008 would be difficult to replicate and, as such, gold declarations are projected to decline by 1.5 percent to 257,503 ounces…Diamond production is expected to record a continued decline of 2.3 per cent for the year.”There was good news to announce in the engineering and construction sector, which the minister posited is expected to grow by a moderate 3.8 percent.He noted that this projected growth rate will be centered on lower-value home construction in expanding new housing areas, continued strong construc