標題: Wholesale Jerseys China Cabinet Secretary
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Cabinet Secretary,Wholesale Hockey Jerseys, Dr. Roger Luncheon indicated Government’s involvement in the procurement of goods and services will continue.Yesterday, at his weekly post-Cabinet press briefing Dr. Luncheon said Government has not given up offering its no-objections to the award of contracts,Cheap NHL Jerseys, even though he had no update to announce.This role of the administration has faced severe criticisms from the Opposition Parties in the National Assembly, independent Financial Analysts,Cheap NFL Jerseys China, and members of civil society. In fact, Anand Goolsarran, former Auditor General said, “After 12 years, the Commissioners (of the Public Procurement Commission) are yet to be appointed,Wholesale Jerseys, leaving observers to the inescapable conclusion that Cabinet does not want to relinquish its role in public procurement. That apart, there are credible allegations that contracts are not being awarded in a fair, competitive and transparent manner to ensure the best value for money is achieved.”There are allegations that contractors are pressured by corrupt officials into giving kickbacks to secure lucrative contracts.According to Goolsarran, the World Bank has estimated that as much as 20 per cent of financial resources are lost in some developing countries, especially with regard to infrastructural works as a result of inefficiency, substandard work, inflated contracts and kickbacks.“In the Guyana context,Wholesale Soccer Jerseys Authentic, I suspect that the figure of 20 per cent is a fair assessment of what is taking place here,” he stated.Goolsarran said while Guyana awaits the appointment of the Commissioners, the public procurement system has a significant gap in the sense that there is no oversight of the operations of the National Procurement and Tender Administration Board (NPTAB).He explained that Cabinet cannot exercise that oversight responsibility since it only offers no objection to contracts in excess of $15M and can only return a contract to the NPTAB for further review on procedural grounds.With the establishment of the Public Procurement Commission, the role of Cabinet will be phased out. However, Government wants to amend the law to preserve Cabinet’s current role.According to Dr. Luncheon, “Government insists in the mature dispensation where procurement is concerned, that Cabinet must have a role”.“A role that we are willing to concede does not extend beyond offering our no-objection it was there and still is. It’s a minimum position for those in the administration collectively accountable and responsible for the affairs of the state to have an input in the awards of contracts,Cheap NFL Jerseys,” he said.


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More than a week after a deal was signed with Government for tax waivers on fuel, the Miners’ body is expected to meet with its members as early as tomorrow to work out the details.GGDMA said it will be meeting its members as early as tomorrow to discuss how it will pass down a fuel tax reduction benefit to its members.According to Colin Sparman, Executive Director of the Guyana Gold and Diamond Miners Association (GGDMA), details such as the requirements for miners and from where the association will be sourcing its fuel are still to be ironed out.Miners will have to prove that they have bonafide operations and are in compliance with regulatory requirements.Government, based on appeals of the struggling sector, agreed to drop the fuel tax to 10 percent, from 45 percent,NFL Jerseys China, with concessions also granted on spares and equipment. The Mining sector, battling low world prices and falling production, had been targeting fuel costs as one of the biggest hurdles to returning the industry to 2012-2013 levels.Production levels, then, reached an all time high with gold pushing ahead of rice and sugar in the earnings of foreign currency.GGDMA was also able to get the new government to agree to waivers on certain spares and equipment.Just over a week ago, the agreements for the fuel waivers and other concessions were signed in the Ministry of Finance boardroom, between the Guyana Energy Agency (GEA), the Finance Ministry and the Guyana Gold and Diamond Miners’ Association (GGDMA).Present were GGDMA, President Terrence Adams; former GGDMA President Patrick Harding; Guyana Energy Agency (GEA) Head; Mahender Sharma; and Guyana Geology and Mines Commissioner; Rickford Vieira.Junior Finance Minister, Jaipaul Sharma, and a representative from the Guyana Revenue Authority (GRA) were also there. The concessions, according to Finance Minister Winston Jordan,Cheap Adidas NHL Jerseys, were aimed at small and medium scale miners and were granted for fuel and equipment.However, Jordan warned that as the Government was coming to the aid of miners, the miners in turn should do their part by ensuring accurate gold declarations are submitted and that royalty payments are made on time.“Many other people are depending on you. So this cannot be a game where greed and selfishness overtake the national good. We came to the rescue when you asked; this is a lot of revenue that will be given up but we appreciate the contribution that gold has made throughout the years,” Jordan said.“So we’re asking that in return,Cheap NFL Jerseys, you do what is right, which is to declare what is there, pay your royalties on time and look after your workers in terms of their NIS and their taxes,” the Minister charged.Describing the move as a small and positive one, Jordan went back to the A Partnership for National Unity/Alliance for Change (APNU+AFC) General and Regional election campaign of 2015. During the campaign season the party had promised that miners would receive fuel concessions.“What is given, much is expected from also. And while I heard (former GGDMA President ) Mr. Harding put out a very strong statement that it was not his people who were responsible for the smuggling of the gold, I think that it is a concern of all Guyanese that 15,Cheap NFL Jerseys China,000 ounces of gold could be smuggled from this country on a weekly basis,” the Minister admonished.Jordan was referring to the recent revelations of a multi-billion dollar gold smuggling racket involving local miners.He bemoaned the damage that gold smuggling had done to the economy, noting that not only was the growth of the economy misrepresented, but schools, health centers and developmental projects in the hinterland and in transportation could have been advanced with this lost revenue.Gold had been Guyana’s biggest foreign currency earner. It broke declaration records each year. That was until the world market prices fell two years ago.For this year, declarations have been down by at least 20 percent. As local commercial banks,Wholesale Jerseys USA, which supplied start up financing for some miners to purchase their equipment,Wholesale NBA Jerseys China, began to clamp down on operators; many miners were forced to leave the industry.


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… Ranked leading insurance provider in Guyana, Again! ?Guyana’s number one insurance provider for the second year running has for 2011,Jerseys NFL Wholesale, paid out some $300M in claims with almost half linked to deaths.The Company, Demerara Mutual, has had healthy returns for the audited year, raking in some $411M from investments and other sources of income while premiums realized $1.2B.This,Adidas Mike Ribeiro Jersey, coupled with several other positive factors, has led the group to realize some $1.7B in revenue and some $101M as profit after taxation.The total company assets for Demerara Mutual in 2011 rose by more than a billion to $9.4B up from 8.4B the previous year.The Group held its 120th Annual General Meeting on Friday last where the company’s Chief Executive Officer, Keith Cholmondeley lauded its performance.He said that despite the crisis that gripped financial institutions over the world, Demerara Mutual “came out virtually unscathed.”Cholmondeley reported that for the year under review “we remained solid in our quality of service, we managed our fiscal relationships prudently,Cheap NFL Jerseys, and we were able to become market leader in both API and the number of Lives Assured.”While the company’s administrative and employment costs have been on the decline, its management expenses were tagged at some $704M in 2011 as against $594M the previous year.The company had to make a payout of some $109M as commission payable to insurance agents. This was up by more than $15M from the previous year. In 2010 the company paid out in commissions, some $94.5M.The company, however does not view being ahead of the pack as enough and according to Keith Cholmondeley, they need to set new industry standards if the successes achieved in recent years continue to bear fruit.He says that the company has realised that “we are not lean enough, not nimble enough, not grounded in the fundamentals enough to thrive in the coming years.”Cholmondely hinted that for the company’s future “there are definitive and strategic shifts in the way we do business which will ensure our continued success…We must be able to, like the Greek phalanx, be in locked step as we move forward, each interlocking layer protecting the one to the left, and thus become impenetrable.”As he addressed the AGM, the CEO warned, “We are not there yet….We still have operational gaps that must be addressed now.”He warned that the company’s successes in trying times has caused some complacency in that,Wholesale NHL Jerseys, “we are forgetting the first principles…The time has come for us to consolidate our positions by holding each other accountable.”Cholmondeley told those gathered that the company’s managers have to be more diligent in ensuring that all functions in their respective departments are executed with efficiency, with no wastage of resources.“It means that they would have to be proactive by ensuring that the quality standards we set are maintained throughout…We must meet and exceed expectations, if we are to deliver on our promise of world class service.”At the Annual General Meeting the company also disclosed plans to enhance its customer service. The Demerara Mutual Customer Charter, a document that sets out the company’s commitment to quality and the standards that are adhered was launched.According to the Chairman, Richard Fields,Cheap Jerseys, the document commits to the fact that the customer is the centre of Demerara Mutual business, and the reason the business exists“It will be the single most important step in the realization of our long-term objective; slow, steady growth which ensures that we are here serving you for the next 120 years and beyond,Carlton Fisk Jersey,” Fields said.