Budget 2013 to reflect continuity

ashnisinghGeorgetown : Minister Singh disclosed that Budget 2013 will continue to see Government operating in an environment of policy continuity and predictability. He said that there will be no major shocks, dislocation or deviation in what is to be presented.

Minister Singh said that Budget 2013 will continue emphasis on the preservation of macro-economic stability, one that will see continued real growth in Real Domestic Product (RDP). There will also be containment of inflation within acceptable norms, continued stability in exchange and interest rate, continuity in keeping the country’s indebtedness within sustained levels and preservation of external balances.

The country will also witness continuing emphasis on investment in physical infrastructure, social services, education, health, water, sanitation, and institution reform, diversifying and modernising the economy and implementing initiatives aimed at improving the competitive business environment and Guyana’s attractiveness as a destination for investment.

“Taken together, we anticipate the Budget will see continued strength in the Guyanese economy, and continued gains as it relates to quality of lives,” Minister Singh added.