Jagdeo hopes $23B is “real” money for rice sector

9

By Jomo Paul

Rice[www.inewsguyana.com] – Incoming Opposition Leader, Bharrat Jagdeo says he hopes the $23B allocated to the rice sector in the 2015 budget is not just an empty promise meant to appease stakeholders in the rice industry.

Finance Minister Winston Jordan had stated that over $23 billion has been allocated in the budget to support further payments to over 7,000 rice farmers. This is in the context of the current inability of the PetroCaribe Fund to meet these payments. Jordan said that the PetroCaribe fund stands at US$800,000.

However, Former President Jagdeo at a press conference on Tuesday stated that while he was pleased with the allocation to the sector, there are still some uncertainties about the plan and whether it was “real money” being doled out.

“I am thinking what they may be doing is a dummy transaction with subsidies for rice industry,” said the Former President.

He also told reporters that from the monies allocated, rice farmers should be able to receive at least $8000 per bag of paddy from millers.

Jagdeo indicated too that some stakeholders will soon be meeting with the Finance Minister Winston Jordan to ascertain how exactly the farmers will access the funds.

Meanwhile, Jagdeo has raised concerns about the eligibility of two local auditors to conduct forensic audits of government accounts since the two entities were awarded contracts for the job without it going to tender.

According to him, the PPP was ready to challenge those appointed but decided against it lest the Party be accused of having something to hide. According to him, the auditing services could rake-up a bill of over $150M and the PPP opposition aims to hold the government accountable on every penny spent via the Public Accounts Committee. When the PPP decided to go to Parliament it will have control over that committee.

9 COMMENTS

  1. Apparently the Public Accounts Committee was a nonfunctioning entity during his jagdeos tenure. As if it was all of the thieving kickbacks and waste would not have happened. By now he should know the difference between real and monopoly money. He and his cronies squandered enough of the real stuff.

  2. Mr. Jagdeo, little girls sometimes play with ‘play money.’ Yes , sir, the $23billion is real money for the rice farmers. Not ‘play money!’

  3. Shaun you are a sick person to think that DR JAGDEO IS A CROOK. HE PUT GUYANA ON THE WORLD MAP. HE IS THE CHAMPION OF THE EARTH. DID YOU SEE HAMILTON HOUSE HE BOUGHT IN NY AND THE FANCY CARS HE IS DRIVING IN NY WITH ALL THE MONEY HE STOLE FROM CITY HALL.
    JAGDEO WILL BE BACK THE NEXT PRESIDENT WITHIN 2 YEARS.BECAUSE THE COLEASE WILL HAVE A DIVORCE.. RAMAYYA IS A FRIEND OF MINE ND HE TOLD ME HE WILL SEE NAGGA THE SNAKE GET KICK OUT ALWSO JATTAN THE COCK EYED SECURITY MINISTER HE WANT RAMMAYA TO BE HIS CLERK TO TAKE ORDERS AND JIVE IT TO HIM.

  4. Dear Sir please give the address and a picture if the mansion in Florida. I know there is no Mansion in Florida if yu can find that mansion I will give you 5M GY dolllars. and I will stand to my word that a bet I will like to take with you Garry because there is no such mansion. send those info to email [email protected]. I am in NY

  5. These people are so crooked….there is a saying that goes like this thief man don’t like to see another man with a bag….This jagdeo is the biggest CROOK WHO WALK THE EARTH….since when he care for the Guyanese people. If he does like him sell his mansion in Florida and feed the poor people with the money.

  6. What do you think President Granger will dupe the Treasury and the people of Guyana like you and your Crooked Clique did, Hell no. So shut the hell up and wait to be investigated.

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.