Expressing his concern over the sudden upsurge in crime across the country,NFL Jerseys Wholesale, Minister of Public Security, Khemraj Ramjattan, explained that one of his first tasks has been to meet most of the Divisional Commanders of the Guyana Police Force to seek solutions on how to address the issue.The minister said that some of the issues driving crime include increased drug usage, ready availability of alcohol,Cheap Jerseys From China, juvenile gang activities, decades of unemployment and increased exposure of children to violence in their homes.“A lot of this crime comes about because of the terrible human condition called greed. Some of the recommendations made, according to the minister, and which are required in the short-term include more patrols in high crime areas.This will now be enhanced following his initiative to have Community Policing Groups (CPGs) hand over at least 28 vehicles to the police. There will now be a concerted effort to rid the force of rogue ranks who the minister noted that were “disgustingly promoted and retained”.He said that a plan will soon be executed with the use of the appropriate technology to apprehend rogue ranks.He next spoke of bilateral assistance from supporting countries. These countries are “hyped up” and understanding of the government’s predicament, Ramjattan said.The Chinese ambassador has already promised to assist the sector,Cheap Jerseys, to the tune of US $4.5 million while the traditional ABC countries have also said that they will continue their support to enhance security throughout Guyana, he added.The connection between alcohol and increased incidence of drunk driving, the minister said will see the enforcement of the ordinance on places which sell liquor. The premises which are generally open to the public and are not enclosed will be among the first to be targeted.With regards to piracy,Cheap Jerseys, fishermen will be given the capacity to defend themselves. Minister Ramjattan said that while some have expressed their reservations, others have said however that “they prefer at least to give a fight than to be thrown overboard”.This fight will also be boosted with communications equipment and GPS gear to give positions if fisher folk come under attack or have any other emergency. All boats will also be registered to better identify vessels with unique numbers or markings.The communities must get involved and confidence in the police force must be restored, Minister Ramjattan emphasised, hence there will be continued support for Community Policing Groups. There will also be a certain level of scrutiny of police stations by civilians the minster said.“I believe that as a matter of principle, once there is civilian scrutiny and the police are instructed that they must give answers when citizens ask station sergeants and so, certain questions it will promote that confidence that the police and community relationship can have”.Enhanced training for ranks is also on the table for the police,Wholesale Jerseys, the minister stated as he lauded a community outreach programme initiated by a Commander to enable youths to understand what it entails to be a police rank.The prison system will be modernised with better infrastructure, while search and surveillance will be improved and staff welfare enhanced. Penal legislation will also be updated, the minister explained,Sale NFL Jerseys, and better training programmes via trade shops will help with the reintegration of prisoners into the wider society. The Guyana Fire Service will continue training of fire fighters and more auxiliary ranks in hinterland locations will be provided.Road safety will be improved with more training for ranks and youths especially school children, said the minister who gave some statistics to his colleagues in the National Assembly.

By Kiana WilburgA Treasury bill, commonly referred to as “T-bill,” is a form of security used not only by the Guyana Government but governments across the world to secure large sums of money, with the understanding that it must be paid by a specific date. So when an individual or a company buys a Treasury bill from the Central Bank, they are basically lending the government money which would be repaid by a deadline.While Treasury bills have a “face value” of a certain amount, which is what they are actually worth, they are however, sold for less. For example, a bill may be worth $10,000, but it would be sold to a company or individual for approximately $9,China Jerseys,600. The money paid represents the loan to the government.Now,Cheap Baseball Jerseys, every bill has a specified?”maturity date” which is when the investor is repaid. The Guyana government then pays you the full price of the bill — in this case $10,000 — and you earn $400 from your investment. The amount that you earn is considered interest, or your payment for the loan of your money.The difference between the value of the bill and the amount you pay for it is called the discount rate,?and is set as a percentage. In the aforementioned example, the discount rate is four percent, because $400 is four percent of $10,000.Furthermore, Treasury bills are one of the safest forms of investment in the world because they are they are considered risk-free.From time to time, many individuals and institutions enquire about investing in Government Treasury Bills, which is handled by the Bank of Guyana.? Treasury Bills remain the Bank’s principal instrument of monetary control and so it continues to be involved in the auction of treasury bills with various maturities (91-day, 182-day and 364-day) in the primary market.In addition to refinancing maturing debt and raising new funds to meet current obligations, these offerings of T-Bills are made as part of the authorities’ strategy to sterilize excess liquidity in the financial system.The amount of Treasury bills offered by the Central Bank is published in the national newspapers.? Among the information published for each tender are those relating to the issue date, the maturity date, the closing date for tender, the settlement date, and the average discount rate for the previous issue.? After submission, bids are accepted on a competitive basis.? The higher the offer price, the lower will be the discount rate and thus the more competitive will be the investor’s bid and the greater the chances that the bid will be accepted.According to the Bank’s 2014 Annual Report,Wholesale NHL Jerseys 2020, the conduct of monetary policy continued to focus on price stability, while ensuring an adequate level of liquidity in the system and creating an enabling environment for economic growth.It was noted that the Bank’s holdings of Treasury bills decreased to G$1,606 million from G$3,497 million at the end of 2013.For 2014, the Bank continued to use Treasury bills in the primary open market operations for the effective management of liquidity. The Bank also used purchases and sales of foreign currency to control liquidity. There was a G$20.3 billion net redemption of Treasury bills.The Bank of Guyana also continued to facilitate efficient intermediation through the issuance of notes and coins as well as the promotion of enhanced payment system operation.It was noted that the total outstanding stock of Treasury bills fell by 21.5 percent to G$74,146 million, due to the lower issuance of 182-day and 364-day Treasury bills because of the decline in excess liquidity in the banking system. The volume of outstanding 91-day bills,NFL Jerseys Supply, 182-day bills and 364-day bills decreased by 12.5 percent,Cheap Jerseys From China, 37.0 percent and 21.1 percent to G$6,997 million, G$4,254 million and G$62,895 million respectively.The maturity structure of Treasury bills revealed that the share of 364-day bills represented 84.8 percent of the outstanding stock. The share of the 91-day bill was higher at 9.4 percent while the 182-day bill was lower at 5.7 percent.Of importance is the fact that Commercial banks retained the largest share of the outstanding stock of Treasury bills with 83.5 percent – 1.5 percentage points lower from one year earlier. The public sector’s share, of which the NIS was the only stakeholder, increased to 7.7 percent from 6.9 percent in 2013.The share of other financial intermediaries increased to 6.6 percent from 4.4 percent in 2013. Redemption of Treasury bills increased by 12.4 percent to G$120,834 million. Redemption of the 91-day, 182-day and 364-day bills increased by 81.8 percent, 22.6 percent and 0.5 percent, to G$23,000 million, G$14,107 millio

A 71-year-old technical officer who is accused of forging an Office of the President stamp and using it on anAccused: Frederick Rossofficial letter, was remanded to jail by city Magistrate Judy Latchman yesterday.Frederick Ross of Government Compound, Friendship, East Coast Demerara, was slapped with charges of conspiracy to commit a felony and uttering a forged document.It is alleged that between March 15 and April 4, 2014 at Friendship,NFL Jerseys China, East Coast Demerara, he conspired with person (s) unknown to forge an Office of the President (OP) stamp.Ross was also charged with uttering a forged document,Cheap Jerseys From China Outlet, in that on April 3, last year, at Friendship,NFL Jerseys Supply, with intent to defraud,Supply NFL Jerseys, he uttered to Everne Singh,Wholesale Jerseys China, called “Velma,” a letter dated April 3, 2014 with a false OP stamp affixed, purporting to show that same was issued by Office of the President, despite knowing same to be false.He pleaded not guilty to both charges when they were read to him at the Georgetown Magistrates’ Court.Addressing the court, Ross claimed that the matter was already dealt with by Magistrate Sueanna Lovell.Police Prosecutor,Wholesale NFL Jerseys, Inspector Shellon Daniels did not present the facts in court. She opposed bail based on the serious nature of the offence.Magistrate Latchman refused bail and the case will be called again next at the Vigilance Magistrates’ Court.