Georgetown: Minister of Natural Resources and the Environment Mr. Robert Persaud is calling for a new political culture of cooperation based on trust so that the potential of the 2014 budget can be fully realised.
He said the 2014 Budget aims at transforming the economy and its resilience nationally as well as in the face of unpredictable international developments.
This year’s budget, he said, should not be seen as just another budget but as another building block for the construction of a new society in which change has been ongoing since 1992.
He recalled that in 1992, the size of the Gross Domestic Product (GDP) was just over $37 billion; today it is $359 billion.
In quarrying and mining in 1992, the GDP was just about 8.9%; today gold alone accounts for 9% of GDP, and mining and quarrying 12.1%.
He said the 2014 budget was “an unfolding story about the transformation of Guyana for new opportunities and diversification”.
The potential for a stable and prosperous Guyana, however, could only be achieved if there was a rebirth of the Guyanese spirit.
Minister Persaud said the current dispensation in Parliament is a troika of bitterness but with genuine cooperation starting with the 2014 budget, we can convert this troika of bitterness into a troika of togetherness.”
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