Guyana Chronicle E-Paper 14-09-2022

Guyana, IDB sign US$83M agreement to advance solar power projects headsgirlKabakaburitoQC PAGESEE3 PAGESEE6 PAGESEE7 PAGESEE14 Former CCJ jurist, Justice Duke passesPollardon PAGESEE04

Standing from left are: Acting Justice of Appeal in the Eastern Caribbean, Justice Godfrey Smith; Chairman of the CoI Retired Justice of Appeal of the Turks and Caicos Islands, Justice Stanley John; Chief Magistrate Ann McLennan; Retired Chancellor of the Judiciary of Guyana, Justice Carl Singh; Prime Minister Brigadier (ret'd) Mark Phillips; Attor ney-General and Minister of Legal Affairs, Anil Nandlall, S.C.; Minister of Parliamentary Affairs and Governance Ms. Gail Teixeira; and Minister of Home Affairs Mr. Robeson Benn (Delano Williams photo)

14th SEPTEMBER, 2022 WEDNESDAY No. 106845 $100 Auctioning of oil blocks slated for month end; new model PSA being developed, VP Jagdeo says Elections inquiry to get underway — with swearing in of commissioners

2 GUYANA CHRONICLE, Wednesday, September 14, 2022

He added that, while such

Attorney General and Ministry of Legal Affairs, Anil Nandlall, S.C. engaging media representatives on Tuesday (Delano Williams photo)

first signed in March 2022 while President Ali was in Belize for the 33rd inter-sessional meeting of CARICOM heads.The

— with swearing in of commissioners

By Clestine Juan

During this time, the patience of the electorate was tested, as electors ob served what was described as attempts by the then AP NU+AFC administration to rip the democratic fabric of the nation, with “delay tac tics” which were openly crit icised by a wide section of society.Itwas only after the legal challenges and international intervention that a national recount of all votes cast was convened and the figures showed that the People’s Pro gressive Party/Civic (PPP/C) received 233,336 votes, while the APNU+AFC Coalition got 217,920 votes.

the General and Regional Elections, as they witnessed alleged unlawful acts and a slew of legal challenges.

President also assented to the Mental Health Protection and Promotion Act 2022.

post-polling day period, when there was alleged interfer ence in the process by the A Partnership for National Uni ty and Alliance For Change (APNU+AFC) and persons purportedly associated with the Thecoalition.inquiry is also expect ed to provide a foundation upon which the Guyana Elec tions Commission (GECOM) could repair the electoral system.Additionally, the findings will be used to hold persons accountable, especially if they are found to have been

health care.

A THOROUGH investi gation into the protracted March 2, 2020, General and Regional Elections will soon get underway, as three commissioners who will pre side over the Commission of Inquiry (CoI), were, on Tuesday, sworn in by Chief Magistrate Ann McLennan. Those sworn in during a ceremony at the Office of the President were retired Justice of Appeal, Stanley John, who will chair the CoI; Attorney-General, High Court Judge and acting Justice of Appeal in the Eastern Carib bean, Godfrey P. Smith, S.C., and former Chancellor of the Judiciary (ag), Carl Singh OR CCH.The fourth member, for mer Chair and Chief Elections Commissioner of India, Dr S.Y. Quraishi, was not sworn in onToTuesday.assistthe commission with its work, Dr Afari Jayan and Dr Nasim Zaidi have been identified as resource personnel.Themembers of the CoI are expected to examine the

PRESIDENT, Dr. Ir faan Ali, on Tuesday, signed the Instrument of Accession for the Treaty Establishing the Regional Security System, making Guy ana a member of the regional body. The protocol was

Treaty signed to make Guyana member of Regional Security System

President, Dr. Irfaan Ali holds the Instrument of Accession for the Treaty Establishing the Regional Security System (Office of the President)

GUYANA CHRONICLE, Wednesday, September 14, 2022 3

Following the ceremony, Attorney General and Min ister of Legal Affairs, Anil Nandlall, S.C., said progress on this front is the fulfilment of a promise made by Presi dent, Dr. Irfaan Ali, to inves tigate the protracted elections.

Elections inquiry to get underway

The Mental Health Protection and Promo tion Act 2022 provides for the mental health care of persons suffer ing from mental illness and protects, promotes and fulfills the rights of those persons during the delivery of mental

subversion of the will of the people,” he said.

CoIs are not a “cheap under taking,” monetary value alone cannot determine the impor tance of the much-needed commission.“Guyana’s social system and its population were vir tually destroyed by virtue of rigged elections. So, a monetary cost ought not to be the basis for not pursuing this undertaking. This is far more important than a quantifiable financial cost,” Nandlall said.

Additionally, it seeks to promote the mental health and well-being of persons in Guyana and to en sure that all persons receive the best men tal health care.

involved in illegal activities.

Former District courtsersSmith-Josephrence;Chairperson,NationalMingo;turning(Demerara-Mahaica)FourReOfficer,ClairmontformerPeople’sCongress/ReformVoldaLawPNC/Ractivist,Carolandfourotharecurrentlybeforetheforelectoralfraud.

— President Ali assents to Mental Health Protection and Promotion Act 2022

“At the March 2, 2020, elections, we saw, the world saw, you all saw flagrant attempts made to alter, un lawfully, the results of those elections at several stages of the process, even using or trying to use the judiciary to aid and abet the unlawful

The Attorney General re lated that the CoI will expose the “illegality and the con spiratorial role” played by those culpable and will be part of the permanent records of Guyana.“There must never be a recurrence of what transpired at those elections. We have a sordid history in terms of election rigging, and we have to move beyond that. We owe that to the next generation of Guyanese,” Nandlall said.

Chair of the elections inquiry, retired Justice of Appeal, Stanley John, being sworn in by Chief Magistrate Ann McLennan on Tuesday (Delano Williams photo)

Guyanese, after casting their votes on March 2, 2020, had to endure an unimag inable wait for the results of

evating himself as the chief legal draftsman in that organisation. He is credited with drafting most of the legal instru ments of this institution.

Queen Elizabeth II, who died at the age of 96 last Thursday, reigned for 70 years.

On Monday, the long-serving British Mon arch would be laid to rest.

Family and the people of the United Kingdom and other Commonwealth na tions, on the occasion of the passing of Her Majesty, Queen Elizabeth II.

PRESIDENT, Dr. Irfaan Ali on Tuesday proclaimed that Monday, September 19 would be a national day of mourning in sympathy and solidarity with the Royal

According to a state ment issued by the Attorney-General and Minister of Legal Affairs Anil Nandlall on Face book, the former judge was“Justice86. Pollard spent most of his professional life at CARICOM, el

ana), after which he took the B.A. (Hons) and the LLB (Hons) degrees from the University of London. He followed these with Master of Laws (LL.M.) degrees from both McGill and New York Universities.

instruments of CAR ICOM.According to Minis ter Nandlall, Justice Pol lard was part of an “elite team” which worked to wards the establishment of the “NoCCJ.doubt, he would have played a lead role in drafting the agree ments, instruments and legislation that created the court, including the rules of that court,” he added.The AG said it was a privilege to appear be

He was also the hold er of the Legal Educa tion Certificate (LCE) from the Norman Man ley Law School; a mem ber of the Bars of Guy ana and Jamaica, and a

4 GUYANA CHRONICLE, Wednesday, September 14, 2022

Fellow of the Centre for International and Com parative Law of McGill University.

He headed the team that worked on the Revised Treaty of Chaguara mas,” Minister Nandlall said.He also authored many publications re garding Caribbean inte gration, and edited and compiled a consolida tion of important legal agreements, treaties and

FORMER judge of the Caribbean Court of Justice (CCJ) and pro fessor, Justice Duke Pollard died on Tues day in a United States hospital after a brief illness.

According to the procla mation signed by the Presi dent, all authorities, boards, commissions, corporations, public agencies, Ministries and citizens are asked to fly the National Flag at halfmast.

Former CCJ judge, Justice Duke Pollard passes on

fore Justice Pollard. “I will take the lib erty of saying that he acquitted himself well as a member of the Ca ribbean’s highest court,” Nandlall said.

September 19 declared a national day of mourning for Queen Elizabeth II

Over the years, Justice Pollard established himself as an expert jurist in international law, specialising in in ternational economic law, the Law of the Sea, international in stitutional law, the Law of Treaties, general in tegration law, and economic integration law.

After his retirement, Justice Pollard became a lecturer in the De partment of Law at the University of Guyana. It was during this stint that he was conferred with a professorship.Pollardreceived his secondary education at Queen’s College (Guy

spaces.President Ali, in his remarks, stressed the impact of the “cata lytic investment,” noting: “The aim is to create opportunities for 2030 and beyond.”

President, Dr. Irfaan Ali, flanked by senior government officials and representatives of Guyana Innovation Group and Dar Consultants (Office of the President photo)

President Ali, key stakeholders advance discussions on Silica City

GUYANA CHRONICLE, Wednesday, September 14, 2022 5

The establishment of Silica City was proposed in 2013 by President Ali during his tenure as the Minister of Housing and Water.The city’s construction is in keeping with Guyana’s in ternational commitment to the United Nations’ Sustainable Development Goals (SDGs) the New Urban Agenda and other guidelines.

It will be physically com pact, transit-accessible, techni cally wired and will offer a mix use of housing, office and retail

PRESIDENT, Dr. Irfaan Ali, on Monday, met with a team from the Guyana Innovation Group and representatives of Dar consultants to discuss the Innovation Village masterplan. According to the group, the Innovation Village will be a geo graphic area located within Silica City, where digital and innova tive leading-edge anchor institu tions and companies cluster and connect with startups, business incubators and accelerators.

Present at the meeting were several representatives from the government, includ ing the Senior Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh; the Minister of Housing and Water, Collin Croal; the Minister of Public Works, Juan Edghill; the Min ister of Tourism, Industry and Commerce, Oneidge Walrond; the Minister within the Min istry of Housing and Water, Susan Rodrigues, as well as representatives from the Guy ana Lands and Surveys Com mission and the Guyana Office for Investment (GO-Invest).

the total take compared to Guyana, which is currently getting just over 50 per cent.“Moving to a higher point will be determined by those variables, how we settle those variables and then through a combination of adjustments on royalty, maybe profit sharing and the taxes we will achieve that,” he Elaboratingexpressed.on this point, he said that if the country wants 52 per cent or 60 per cent of the pro ceeds, each variable can be adjusted. He added that

Government.” This is in deed big thinking on the part of the President.

As pointed out by Pres ident Ali, no individual or institution has any control over the lives and well-be ing of people regardless of perceived political alle

A number of factors were at the time being worked out which included whether the government will keep some of the oil blocks to form a nation al oil company, how the government will divide the blocks and whether or not existing companies in Guyana will be allowed to participate in the auction.

A People’s President

Remaining oil blocks to be auctioned by month end

6 GUYANA CHRONICLE, Wednesday, September 14, 2022

the royalty can be kept at two per cent for example, or higher royalties could be taken.Another adjustment that can be made, he said, is in the taxes, to either have them increased or lowered to achieve the same pur pose of the country having a higher take.

Dr.

PRESIDENT, Dr. Mo hamed Irfaan Ali has demonstrated by his sev eral actions that he is a President for all Guy anese. This undeniable fact has found expression in his several encounters with people from all across the political and ethnic spectrum of Guy ana, the most recent being his engagement with res idents of the Mocha-Ar cadia community on the East Bank Demerara. Several initiatives were taken at the meeting of villagers aimed at further enhancing the quality of life of the residents. Among these were the commis sioning of the Burnham Boulevard and the signing of contracts to rehabilitate the Barnwell Road and the rigid pavement of Ceme tery, both of which were in need of urgent rehabilita tion works.

At that time, he men tioned that the technical work is being done so as to ensure that when the auction is launched, the country receives maxi mum benefits.

Late last month, the Vice-President, at a press conference, stated that the government was working out the fiscal terms that will ensure Guyana gets the best deal in the sale of the remaining oil blocks.

Bharrat Jagdeo, on Tues day, said that the auc tion for the remaining oil blocks will be launched by the end of September and the process is expected to conclude in early 2023.

greater share of the benefits for the thecompletedpaperworking“So,government.we’recurrentlyonthediscussionthatwouldhavetobesoonaspartofauction,”theVice-Presidentsaid.Thegovernment,hesaid,hasalsostartedtostudythespectruminrelationtothetakesbyotheroilandgas-producingcountries.HenotedthatsomecountriesareonthelowerendwhilecountrieslikeNorwayandotherscangetasmuchas75percentof

ficulties for the political opposition who continue to sell a false narrative of ‘selective’ development based on ‘political’ and ‘racial’ discrimination on the part of the PPP/C ad ministration.Thepolitical opposition has even gone to ludicrous proportions by making ref erences to some elements of ‘apartheid’ rule.

Nothing could be fur ther from the truth. No wonder Guyanese from all across the political and ethnic spectrum are disas sociating themselves from any such insinuations by fringe elements whose only objective is to sow the seeds of discord in the country. This is in sharp contrast to the ‘One Guy ana’ vision articulated by President Ali which is gaining momentum with each passing day.

In the case of Mo cha-Arcadia, it is a known fact that a significant num ber of the residents are supporters of the opposition APNU+AFC. This, how ever, is of no consequence insofar as developmental works in the community are concerned. And even though there are still a number of developmental challenges facing the com munity, the records will show that the community has benefitted substantial ly over the years under the PPP/C administration by way of infrastructural works and other aspects of human development.

giance. In the final analysis, it is the extent to which cit izens enjoy a better quality of life that is important.

President Ali and his PPP/C administration have been extremely even-hand ed when it comes to ad vancing the developmental trajectory of the country and its people. This passion for development to bring development to the Guya nese people is unbounded and has transcended the confines of narrow parti san politics. The President understandably has no tol erance for those who stood in the way of development and who seek to play poli tics with the lives and live lihoods of the Guyanese people.According to President Ali, “we must not lock our selves out of opportunities by subjecting ourselves to narrow thinking. I am not here to tell you that I want all of you to vote for the PPP/C. I am here to tell you that I want all of you to benefit from the PPP/C

By Shamar Vice-President,Meusa

He made the announce ment during a special edition of the Glenn Lall Show, during which he also noted that the government is working on a model for future Production Sharing Agreement (PSA).

The tendency by some opposition politicians to stand in the way of de velopment out of narrow partisan interests is at best counter-productive and is in fact doing a great disservice to residents whose interests they purportedly claim to represent. It is an estab lished fact that in a number of administrative regions where the APNU+AFC Coalition has political con trol, monies allocation by the Central Ministry are deliberately underspent or mismanaged in order to frustrate development out of fear that it will make the PPP/C administration look ‘good.’The truth is that people have a way of knowing when their economic and cultural lives are improving

and are unprepared to allow others with hidden agendas to stand in the way of their development. This explains why the President and his teams of officials are gener ally embraced in all regions of Guyana, including in supposedly isanthesystematicallysuchtherePNCvindictiveedcommunitieswhilethatdevelopmentalhasornoaneseriching‘strongholds’.APNU+AFCWhenitcomestoenthelivesoftheGuypeople,therecanbefavouredcommunitiesindividuals.ThePPP/Calwaysembracedaphilosophyispeople-oriented.Anditistruethatsomewereneglectdevelopmentallybythepoliciesoftheregimeinpastyears,canbenodoubtthatdistortionsarebeingcorrectedbyPPP/Cadministration.Itwouldseemthatsucheven-handedapproachnowposingsomedif

“We have to now have

a new PSA to tell people what they’re going to get if they come in on this auction,” Dr. Jagdeo said, pointing out that the new PSA will utilise three vari ables.The first of the three variables involves the com pany’s legitimate expecta tion, that is, if they invest money, they should get a decent return on the invest ment.The second is keeping in the new PSA enough in centives that will accelerate exploration and produc tion and the third speaks to

— new model PSA being developed, says VP Jagdeo

GUYANA CHRONICLE, Wednesday, September 14, 2022 7

Enterprise Development proj ect; Amerindian Land Titling, the Amerindian Development Fund, the Cunha Canal adapta tion, sustainable land develop ment, monitoring, reporting and verification; and ICT access and e-services for hinterland, poor and remote communities.

Prime Minister, Brigadier (ret’d) Mark Phillips, who was present at the signing, said that the programme, once imple mented, will benefit thousands of persons in the country in cluding women in rural areas.

Guyana, IDB sign US$83M agreement to advance solar power projects

The project also aims to improve the operation and re liability of the isolated systems of Essequibo and Linden.

Addressing the importance of the potential projects, Solor zano-Salazar said: “This oper ation is framed within the part nership that Guyana had with Norway and will especially take the country to 19 per cent renewables of the grid within about three years. So, this is an important milestone. This is in line with a kind of trans formative change that is fully aligned with the IDB Vision 2025 and positive impacts of renewables ….and augurs well for Guyana.”

“This allocation of over US$80 million has its roots in the original Low Carbon Development Strategy and the Guyana REDD Plus investment fund which was established under the original LCDS, and at the time these resources were set aside to invest in renewable energy with the IDB as the im plementing partner entity. This amount was in fact intended originally as government’s contribution to the Amaila Falls Hydro Power Project.

The earnings from Norway have since been invested into several key adaptation and socio-economic projects which have benefitted Guyanese all across the country.

He also reminded that it will assist Guyana Power and Light Incorporated (GPL) in decreasing fossil fuel use and moving to greater use of renew able“Soenergy.itis a transformative project for Guyana. We are thankful that the IDB has been working side by side with Guy ana to utilise this money that was lying in an account for over six years and we are thankful for them bringing us to the stage at which we are,” the Prime Minister said.

— initiative to result in the supply of affordable, clean energy to 27,000 households in parts of Essequibo, Linden, Berbice

Each facility will be con nected to the 13.8 kV primary distribution network in the respective areas.

The US$83.3 million being used for this programme is part of the US$220.8 million earned by Guyana for forest climate services through its partner ship with Norway during the previous People’s Progressive Party/ Civic’s (PPP/C’s) term in office.Atthat time, then President Dr. Bharrat Jagdeo, visualised, spearheaded and implemented Guyana’s first Low Carbon Development Strategy (LCDS).

Some of the projects in clude the Micro and Small

“We had, at that time, a major investor, the Blackstone Group, which was willing to do the Amaila Falls Hydro Power Project, but political events intervened as a result of which that project was stalled and ul timately derailed and for more than five years; these resources ended up being parked in the IDB,” the senior minister said.

GUYANA and the In ter-American Development Bank (IDB), on Tuesday, signed a US$83.3 million agreement to advance trans formative solar power proj ects under the Guyana Utility Scale Solar Photovoltaic Pro gramme (GUYSOL).

As part of the programme, there will be 10 MWp of gen eration capacity connected to the Demerara-Berbice Inter connected System (DBIS) in the Berbice Area; eight MWp in the Essequibo Coast Isolated System, including a Battery Energy Storage System (BESS) with a minimum capacity of 12 MWh, and 15 MWp connected to the Linden Isolated System, inclusive of a BESS with a minimum capacity of 22 MWh.

Prior to signing the agree ment, the Dr. Singh reflected on the history of the LCDS through which the finance for the project was secured.

the Ministry of Public Works, Deodat Indar; Infrastructure Manager of the IDB, Ariel Yepez-Garcia; Project Coor dinator, Department of Envi ronment and Climate Change, Office of the President, Nikolaus Oudkerk; Chief Projects Of ficer, Ministry of Finance, Dr. Tarachand Balgobin; Deputy Chief Executive Officer-Strate gic Operations, Guyana Power and Light Incorporated, Sama roo Ramtahal, other represen tatives of the IDB and technical staff of the Ministry of Finance.

Prime Minister, Brigadier (ret’d) Mark Phillips; Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh and Minister within the Ministry of Public Works, Deodat Indar with representatives of the IDB following the signing of a US$83.3 million agreement to advance transformative solar power projects under the Guyana Utility Scale Solar Photovoltaic Programme (GUYSOL)

The agreement signed by Senior Minister in the Office of the President with respon sibility for Finance, Dr. Ashni Singh and IDB Resident Rep resentative (ag) Lorena Solor zano-Salazar, paves the way for investments in eight utility scale photovoltaic solar proj ects totalling 33 MWp to bring affordable and clean energy to 27,000 households in targeted communities across Guyana.

Specifically, the objective of the programme is to support the diversification of Guyana’s energy matrix to expand the use of cleaner and renewable energy sources in the electricity generation matrix.

The signing ceremony was also attended by Minister within

The intention is to avoid CO2 emissions with the de velopment of solar PV gen eration plants and lower the cost of electricity generation while supporting the country’s transition towards renewable energy-based generation.

cide on taking decisions in the name of the people who elected or selected them, without first individ ually pledging, on taking their original Oaths of Of fice and annually renewing at the start of each new session, their collective ‘loyalty’ to ‘Her Majesty the Queen’ and all her heirs and successors.

ribbeanCriticssocieties.inthe Carib bean, the UK and every where else – as is also their right -- have been pouring buckets of icecold water on the departed monarch’s legacy even before it ends, even before her burial

Gladly,starts.regional lead ers have refrained from joining the belated chorus of criticisms of the late British monarch and Com monwealth head because they’re better schooled in the mannerisms of inter national diplomacy, but there are simply too many Caribbean citizens ev erywhere, big and small, simply behaving like they just couldn’t have waited for the queen to kick her bucket.There’s a patent mis understanding of the role of the Royal Family she headed and its relation ship with and powers over the British Government (or lack thereof), in a na tion built on traditions and with laws but without a Constitution -- and which bequeaths said laws to its outgoing colonies at

zettes’.And most still mea sure national beachfront property by the ‘Queen’s Chain’ -- and taking of fence to it being leased to ‘foreigners’ for ‘one dollar per acre for 99 years’ – and wanting to die, if and/or when told we can’t bathe on a ‘hotel’s beachfront property’.Indeed, with over twothirds of the region’s pop ulation born after inde pendence and grown up in the crosscurrents between ‘imperial’ and ‘metric’ measurements, few might know (without consult ing Mr Google) what’s really the ‘chain’ being referred to as belonging to the queen, or how long it is, by whatever yardstick – or even knowing what ‘a yardstick’ is -- or a yard.

independence, tying them down to Britain’s apron strings and shoelaces by making it difficult, if not near-impossible, for the new nations to thereafter freely decide to change their Courts of Appeal, or amend the Constitutions handed down by Her Maj esty.It also underlines the general lack of ofunderstandingsufficienttodaywhocurrentGovernors-GeneralofindependentCaribbeannationsserve,asHeads-of-StaterepresentingtheQueen(nowtheKing),eventhoughheorshewasnominatedbythenation’selectedHead-of-Government.It’sbeenhappeningforsolong(sincetheadventoftheageofindependencesixdecadesago)thattoomanyCaribbeancitizensstilldon’trealiseourparliamentarians,electedandappointedintheUpperandLowerHouses,inCommonwealthmember-statesthatstillhaven’tproceededtorepublicanismstatus,stillcannotmeetandde

I would also not hold it against any Caribbean leader who would say anything not in conso nance with the general views expressed, but I know of none that has so far.Nor have I heard or seen government leaders showing any intent to for get the only queen they all grew up knowing just because she’s dead and now only being interested in how good or bad a king her son will beingstonesone’sfamilytheirtendavancedforsweringisanythingrepublics,theirwhetherStateishthatthe(CARICOM)Caribbeanbe.Communityleadersineightmember-statesstillhavetheBritmonarchasHead-of-haveallbeenaskedthey’llnowleadcountriestobecomeasifthathastodowithwhoKingorQueen.Mosthaveevadedanand(Isuspect)thesamereasonsadearlier:thatit’snotCaribbeancustomtoatone’swakeandcusscharacterwhilethemournsorattendfuneralandthrowonthecoffinwhilelowered.

I also understand those who go that extra mile to show just how much they know about the history of the British monarchy, how many sins it’s committed, how many countries its invaded and even the only 22 it hasn’t.

For example, I would not hold anything at all against the Right Hon ourable Mighty Gabby

for penning how he feels about the queen in a poem he wrote after she died -- and I think those asking him to apologise are sim ply out of place.

Ditto an understanding that membership of the Commonwealth comes with accepting the King or Queen remaining just that – until and unless constitutionally removed by the Onenation.ofthe many sur viving colonial nightmares staring the Caribbean in the face every day is many still having the likes of a ‘Royal’ police forces and publishing ‘Royal Ga

This is just not who we (Caribbean people) are.

Anyone who knows Ca ribbean leaders, whether Presidents or Prime Min isters, should also know not to expect them to say or do anything outside of paying ‘full respect’ to Queen Elizabeth II after her death and before she’s buried.

Not that the late queen was without warts, or sins of commission or omis sion, as the longest-serving head of the oldest and rich est Royal Family that was responsible for committing the cardinal and moral sins of starting the Trans Atlantic Slave Trade that declared Humans property and built an empire on Chattel Slavery, which the United Nations (UN) has declared the worst Crime Against Humanity known to Humankind – bar none.

8 GUYANA CHRONICLE, Wednesday, September 14, 2022

She deserved every related criticism while alive as Head of the Royal Family for the past seven decades – both for what she was responsible for approving and allowing in her name and for those she inherited from all pre vious British monarchs.

Caribbean Leaders Won’t Throw Stones

They’ll simply say nothing that can even be misinterpreted as being disrespectful of the Com monwealth’s ofManners’tearsfriendsearthabusive‘wake’neighbourhoodmournscharacteraspectsdwellsomeonewon’tBritishries-oldtomsobserveandingHead-of-Stateconstitutionalwhilejoinothersintheregionbeyond,toofficiallythemourningcusdictatedbycentutraditionswhenmonarchsdie.Caribbeanleadersbeseenkickingwho’sfallen,oronlyonthenegativeofadeadperson’swhilethefamily–nomatterwho.It’slikegoingtothematriarch’sandbeingverballyabouthertimeonwhilefamilyandshedandshare–justpure‘BadbyanystandardshumandecencyinCa

In a fresh sign, Tesla’s

By no means should a loss of faith in the country’s export prowess be justified, Huo opined, citing trade read ings that point to the sustained

RESILIENCEPRESSUREAMID

In the first half, China’s exports of new-energy vehicles soared 1.3 times to 202,000 units, accounting for 16.6 per

The Chinese econo my currently faces multiple downward pressure, includ ing COVID-19 outbreaks and weakening external demand, as evidenced by a significant slowdown in exports in Au gust, which sparked another round of smearing against China’s development pros pect from foreign doomsayers. However, China’s economic fundamentals remain solid, in stark contrast to dire situations in other major economies, and there are sufficient bright spots and policy measures that will ensure stable growth for such a crucial year, economists said.

Continued

GUYANA CHRONICLE, Wednesday, September 14, 2022 9

By Global Times, Sep 09, 2022

of the second centennial goal to build China into a modern socialist power, with all of its institutional advantages that ensured success over the past several decades, economists stressed.

While many foreign me dia outlets were glad to jump to conclusions in the wake of China’s August trade number announcement, they seemed to have deliberately turned a blind eye to underlying muscles of the tradeThefigures.moderation in trade growth could be attributed to reduced orders in line with a broad decline in external economies, Huo Jianguo, vice president of the China Institute for World Trade Organisation Studies, told the Global Times on Thursday.Acompetitive devalu ation in Japan, South Korea, among other countries amid a strong US dollar also put downward pressure on China’s exports, Huo said.

In the longer term, Chi na will continue to be a main growth driver for the global economy, as the 20th CPC National Congress will inject confidence and lead the nation in embarking on the pursuit

The Chinese yuan has weakened more than nine per cent versus the US dollar so far this year, but it remains much stronger than the Japanese Yen and the South Korean Won, he continued, adding that sporadic domestic Omicron outbreaks had a certain impact on exports-facilitated logistics capacities.The country’s exports in dollar terms grew by 7.1 per cent in August from the year

As the world economy is mired in a confluence of crises from energy shortages to sky-high inflation to re cessionary pressure in major economies, global attention is focused on the Chinese econ omy, the main driving force of global growth, ahead of the upcoming 20th National Congress of the Communist Party of China (CPC) sched uled for mid-October, which is envisaged to illuminate the road ahead for the world’s second-largest economy in the coming years and even decades.

before, while its exports edged up 0.3 per cent in August yearon-year, customs data showed on Wednesday. This compares with an 18.0 per cent gain in export growth and a 2.3 per cent rise in imports in July.

competitive edges of notably private firms, the mainstay of China’s export China’sjuggernaut.dollar-denom inated mobile phone exports were up 3.9 per cent in the first eight months, quickening from a 2.1 per cent increase over the first seven months, per customs statistics.The rebound bucked an overall slowdown in the coun

try’s exports of mechanical and electrical products from July to August, which made up over half of totalMoreexports.noticeably, the country’s brisk exports of new-energy products set it apart from other major econo mies being crippled by a bruis ing energy crisis in the wake of the Ukraine tensions.

Gigafactory Shanghai deliv ered 399,939 vehicles in the first eight months, only some 80,000 vehicles short of its full-year delivery for 2021, the US electric carmaker said in a statement sent to the Global Times on Thursday.

China’s economy set to get a major boost from 20th Party Congress, to anchor global economy in long run on page 10

SOURCE OF OPTIMISM

ergy policy framework known as REPowerEU that intends to make EU’s energy supply more secure, energy product exports will likely be a bright spot of the export landscape, Chang said in a research report sent to the Global Times.

economies, even though a fullfledged rebound in the coun try’s consumer market will still take time, Huo believed.

has a huge impact on the rest of the world, and that will con tinue because it is the second largest economy.”

A BRIGHT FUTURE

cent of total vehicle exports, according to figures from the China Association of Automo bile EU’sergyingtechnologicalResearchfellowChangothertransportfacturing,exportstherebymightrope’sindustries.especiallyinplansanconflictManufacturers.AstheRussia-UkraineintensifiestheEuropeenergycrisis,Germanyhasfora25-pluspercentcutnaturalgasconsumption,inenergy-intensiveThissuggestsEuchemicalproductionbepartiallyparalysed,erodingthecontinent’sofmechanicalmanuchemicalproduction,equipment,amongsectors,accordingtoRan,aseniorresearchattheZhixinInvestmentInstitute.FactoringinChina’sandmanufacturstrengthsacrossnew-enindustrialchainsandthepushforitspro-newen

The forthcoming con gress must be a significant event to cement belief on the country’s unswerving call for higher-level opening-up and its continued reform efforts in the sphere of business climate, fair competition, among others, Huo stressed, expecting even bolder moves in flexing the country’s institutional strengths to paint China as an indefatiga ble global growth driver.

The structural strength of the trade pillar that mirrors the economy’s rebalancing at large de facto put the economy in an advantageous position amidst mounting anxieties over global growth, experts emphasised, expecting the economy to keep the power on in the coming months.With the export jug gernaut still in work mode, albeit possible at a slower pace against overall global gloominess, and still robust commitments to infrastructure projects, the Chinese economy in its entirety is anticipated to fare better than other major

As all eyes fixate on the upcoming 20th CPC National Congress to be held in mid-Oc tober, a monumental gathering that will spearhead the eco nomic and societal trends, the economy is set to get a big boost, thereby anchoring the global economy toward more secured growth, Cao Heping, an economist at Peking Uni versity, told the Global Times on Thursday.Thecountry had realised the first centennial goal - build ing a moderately prosperous society in all respects, the Chinese leadership announced on the 100th anniversary of the CPC’s founding on July 1, 2021.

momentum.Thefresh meeting readout, in addition to Monday’s announcement of an addition al 300 billion yuan in funds through an infrastructure-tar geted policy bank financing arrangement, is considered to reassure the markets of the Chinese economy’s capability of sailing through transient challenges.“We are expecting that the measures taken by China and the Chinese authorities will lead to a revival of growth,” Xinhua said in an article earlier this year, citing World Eco nomic Forum (WEF) President Borge Brende.Voicing his optimism about China’s medium- and long-term economic develop ment, Brende said that “China’s role in securing global growth has been incredible ... What happens in China economically

10 GUYANA CHRONICLE, Wednesday, September 14, 2022

In a fresh attempt to re vitalise the economy, a State Council executive meeting presided over by Premier Li Keqiang on Wednesday pledged to finish the issuance of 500 billion yuan ($71.92 billion) of special bonds from local governments’ previous ly unused quotas since 2019 by the end of October, the state broadcaster reported on Thursday.The bond issuance would prioritise the funding of proj ects being built, according to the report. The Wednesday meeting also urged the steppedup policy support for employ ment and entrepreneurship so as to nurture a new growth

China’s economy set to get a major... 9

From page

Betting on the momen tous congress to be a cohesive, enlightening and triumphant gathering, Cao was confi dent about the tone-setting meeting to instill confidence into the global business com munity, which hinges growth on a more open and stronger Chinese economy that will continue blazing the trail of globalisation regardless of varied uncertainties.

Chinese police strengthen international law enforcement co-operation against telecom and online fraud

Telecom and online fraud is a typical transnational organised crime. Fraud dens are often locat ed across countries and regions, targeting vulnerable individuals and groups regardless of their nationalities.TheChinese police, through international law enforcement co-operation, have joined hands with their international counter parts to carry out operations and achieved significant results. Oper ation Great Wall, jointly launched

By Global Times, Sep 12, 2022

The Chinese police, togeth er with relevant departments, have actively carried out rescue and education, and encouraged them to return home through international law enforcement co-operation, and made every effort to provide assis tance and employment. The immi gration authorities, in accordance with the provisions of the Exit and Entry Administration Law, have taken necessary measures such as

restricting the exit of persons en gaged in telecom and online fraud.

Public security agencies across China are determined

Upholding the people-cen tred principle, the Communist Party of China and the Chinese government have attached great importance to countering tele com and online fraud. Equal importance has been given to both combat and control. An efficient multi-department collaborative working mechanism has been established, and the Anti-telecom and Online Fraud Law has been formulated and enacted, which provides a strong legal foundation. Targeting the characteristics of such crimes, the Chinese police

The Chinese police have synchronised their efforts both internally and externally, and launched a series of campaigns and operations, effectively curb ing the high momentum of these crimes, retrieving a large number of economic losses, and winning wide recognition from the public and the international community. During their international law enforcement engagements, the Chinese police frequently received requests from their counterparts to share their experience and effec tive practices in this field.

The last decade has witnessed the rapid spread of telecom and online fraud globally, which seriously infringes on people’s legitimate rights and interests, becoming a prominent crime and a public hazard. To ad dress this problem, the Chinese police have been committed to intensifying their efforts in the combat against and control of such crimes, and strengthening international law enforcement co-operation, which has enabled them to accumulate successful experience, build up best prac tices and set examples for their counterparts around the world.

have conducted specialised study and research, set up specialised task forces, initiated specialised investigation against major cases and utilised specialized tech niques.

GUYANA CHRONICLE, Wednesday, September 14, 2022 11

to earnestly enforce the Law of Anti-telecom and Online Fraud through strengthened co-oper ation with their international counterparts and reinforced domestic efforts in fighting the crime, so as to prevent it from further spreading, and to bringing the fraudsters at large to justice.

As an emerging new-type crime, it is a very difficult problem

According to an officer with the Ministry of Public Security, the criminality of telecom and online fraud is characterised by its spe cialisation, industrialisation and being increasingly organised and transnational, amid the rapid de velopment of global digitalisation.

with the Spanish police in 2019, has become a successful example of transnational law enforcement co-operation.From March to June this year, China, together with 76 INTERPOL member states, joint ly participated in the anti-fraud Operation First Light initiated by INTERPOL, which destroyed 1,770 fraud dens in as many coun tries, arrested over 2,000 suspects and intercepted more than US$50 million in illicit funds. It was also found that some Chinese citizens were involved in fraud activities abroad, and the majority of them were tempted by the promise of high payments, cheated and co erced into being smuggled abroad, and some of them were kidnapped and detained illegally, and a few of them were even beaten and abused to death in the criminal dens.

for governments of various coun tries to tackle and control, and thus it has become one of the major challenges facing police forces across the world. Joining hands in combating this newly developed fraud is the shared responsibility of the police of all countries and also the unanimous consensus of the international community.

October 9, 2019.

12 GUYANA CHRONICLE, Wednesday, September 14, 2022

home due to neglect.

During the sentencing

Chandralall Lakhraj called ‘Uncle Pappi’ was sentenced by Justice Brass ington Reynolds at the Ber bice High Court.

As it relates to the na ture in which the crime was committed, the judge said that the courts must send a message to “big men” who interfere with little girls.

A 40-year-old man, was, on Tuesday, sentenced to 10 years in prison on two counts of rape committed on an 11-year-old girl two years ago.

Among other things, the judge said that Lakhraj lacked genuine remorse, and had maintained his in nocence. The judge sen tenced Lakhraj to10 years on each count which will run Accordingconcurrently.to reports, during the month of Sep tember 2019, the victim was placed into Lakraj’s care by authorities after she was removed from her parent’s

He was also found guilty of engaging in sexual activi ty with the child, by causing her to touch his penis.

Lakhraj was represent ed by attorney Chandra Sohan while the State was represented by prosecutor Nafeeza Baig.

It is alleged that the child was made to sleep in a hammock, while Lakhraj, his reputed wife and two children slept in the bottom flat of the Duringhome.the period in question, Lakhraj would come to the victim’s ham mock and sexually assault her.The victim later told her school teacher and Lakhraj was arrested.

hearing, the victim read her impact“Sincestatement.theincident with Uncle Pappi, it changed me like if any strange man come around me, it makes me stay far away from them, not to go close to them... I feel if I go close to them, they might do me the same thing. I don’t expect him to do me that. I believe Uncle Pappi should punish for what he did to me… I felt frighten and afraid,” the victim said.

‘Uncle Pappi’ gets 10 years for raping minor

However, Lakhraj maintained his innocence and claimed that he was working in Suriname when the rape allegedly occurred.

Chandralall Lakhraj called ‘Uncle Pappi’

continues to face.

Last month, a 12-mem ber jury found him guilty of engaging in sexual pen etration with the victim between September 1 and

Meanwhile, Justice Reynolds, while delivering his sentencing remarks, un derscored the physical and psychological trauma the victim has had to face, and

In his statement to the probation officer which was presented to the court on Tuesday, Lakhraj main tained that he was innocent.

According to a press re lease, GTT’s Business Solu tions unit aims to utilise this initiative to create a supportive environment for entrepreneur ship and the sustainability and growth of the private sector.

ited data, unlimited minutes, unlimited SMS and free roam ing to the US and Canada,” Ferguson said.

THE Guyana Telephone and Telegraph Company (GTT) has empowered hundreds of businesses with its innovative initiative, conneX, which includes “market leading” fibre internet plans that also include voice minutes to call locally and to the US/Can ada.

GTT’s COO of Business Solutions, Orson Ferguson

He said that GTT has done its homework and is doing its part to support businesses that are critical engines of econom ic growth.

— doubles ‘fibre’ speeds at same price, plans to roll out unlimited mobile plans next month

GUYANA CHRONICLE, Wednesday, September 14, 2022 13

Present at a simple grad uation exercise were Director of the National Centre for Educational Resource De velopment (NCERD), Quen ita Walrond-Lewis; Regional Education Officer of Region Nine, Sherwyn Blackman; Organisation of American States - ProFuturo Local Manager, Will Campbell, and National Project Coordi

Solutions, Orson Ferguson, said that many small business es depend on supply chains based in the US and Canada, and, as a result, the company has moved to ensure that con nectivity between the countries is much easier.

plans for businesses. These plans will increase value for money for businesses and will be the best solution for cus tomers with high demand and a need for constant or continuous communication.“Wehavereorganised and are moving in a direction that many have asked for us to go. We will be launching our new bundle of unlimited mobile services for businesses; unlim

Business customers will be able to combine the new mobile plans with their conneX plans on one bill to obtain the best prices. Payments could be made through mmg+ to avoid lines and increase the simplicity of the transaction.

ProFuturo is a Digi tal Education Programme that, through innovative digital fuldigitalteachers´experiences,teaching-learningenhancespedagogicalandskills,andmeaningstudentlearning.

SOME 58 teachers from Region Nine (Upper Taku tu-Upper Essequibo) have successfully completed the ProFuturo Digital Educa tion Programme.

Some 58 teachers from Region Nine (Upper Takutu-Upper Essequibo) have successfully completed the ProFuturo Digital Education Programme (Ministry of Education photo)

Mbps speeds and up to 6,000 minutes free including calls to the US and Canada,” GTT said.GTT’s Chief Operations Officer (COO) of Business

According to a press re lease from the Education Ministry, the 58 teachers are attached to the Arapaima Nursery School, Arapaima Primary School, St. Ignatius Nursery School, St. Ignatius Primary School, and St. Igna tius Secondary School.

“The conneX service al ready provides the best value in the market to small and me dium-sized businesses. With the enhanced conneX plans, business customers now get between 200 Mbps and 600

He added that within weeks, the company will also launch a new set of mobile

“We have done the con sultation and research that indicate to us that this is what our customers need to ensure that they grow. More speed, more minutes, less cost and the ability to conduct a simple transaction are among the feed back that we have prioritised and delivered,” Ferguson said.

GTT sparks business revolution with

‘conneX’ internet services

nator - ProFuturo, Christine London.Theteachers participated in a two-day innovation and information and commu nication technology (ICT) workshop, and upon com pletion, they received their certifications.Themodules were creat ed based on online courses, allowing teachers with lit tle to no access to internet services, the opportunity to gain knowledge on how they could integrate tech nology into their lessons and positively transform their classroom.

58 Region Nine teachers graduate from digital education programme

14 GUYANA CHRONICLE, Wednesday, September 14, 2022

Sarah was selected to participate in the Uni versity of Guyana Re gional Acceleration for Stem Students Readi ness (UG-RASSR) pro gramme. According to the university’s website, the programme caters for the systematic discovery, mentorship and devel opment of young STEM learners from the 10 re gions of Guyana. Ap proximately 100 NGSA pupils who recorded out standing performances in mathematics and science wereRobertschosen. told this publication that the pro gramme managers will monitor her child’s per formance and offer spon sorship for her to pursue studies in science, math ematics and engineering.

SARAH Baharally has made the residents of Kabakaburi Mission, Pomeroon River and Maria’s Lodge on the Essequibo Coast proud, after she excelled at this year’s National Grade Six Assessment (NGSA). With the 515 marks she gained, the Suddie

Sarah Baharally and her mother

“Sarah has always

Primary School pupil was awarded a place at Queen’s College. Her ex cellent performance has also placed her among the top performers in the country.Anaspiring astro physicist, Baharally had to leave her home village of Kabakaburi, after both

Meanwhile, an ex cited Baharally said that she knew she would have performed well.

During her spare time, she enjoys play ing table tennis with her sister and cousin.

Kabakaburi girl awarded place at QC for outstanding NGSA performance

of her parents secured jobs on the Essequibo Coast. Maria’s Lodge became their new home. According to her mother, Mariette Rob erts, who is a teacher at Huist Diren Primary, her daughter is the first child from the Pomeroom to excel at the national ex

She said the move to the Essequibo Coast was the best decision her par ents made for her. She used the opportunity to thank her parents, teach ers and family mem bers for supporting her throughout her studies.

Her class teacher, Ro slyn Osborne, described her as a gifted child who always displayed good leadership skills.

been self-motivated to study and do well. She’s a lover of science and loves how the universe works. She is gravitated to nature and is fascinat ed by it,” the mother said.

“I spent sleepless nights revising, going through my work. It was challenging [with] the pandemic but I had to do it for my family and my school,” the young girl said before adding that she ensured that she remained focused.

amination.Theproud mother said that she will ensure that her daughter attends Queen’s College. She told the Guyana Chroni cle that, despite moving to various locations, Ba harally was determined to stay focused and to excel.

— to also serve as Jamaica’s country representative

Newly appointed IDB Caribbean General Manager and Jamaica representative,countryTariqAlli

finance, spanning debt cap ital markets, deal origi nation, syndication, and structuring.Hepreviously held sev eral roles including As sistant Vice President and Vice President across var ious indigenous financial institutions in Trinidad & Tobago before he joined the First Citizens Group in 2011.Atthe

Group, he held the posi tions of Head of Capital Markets and Assistant Gen eral Manager - Corporate & Investment Banking Unit.

Alli, whose appoint ment took effect Septem ber 1, has over 20 years of experience in corporate

First Citizens

Banking Unit, where he had overall responsibility for the unit’s private sector, LATAM, the Government of Trinidad & Tobago and Debt Capital Markets Busi ness Units.

lor’s degree in accounting from The University of the West Indies and a Master’s degree in Busi ness Administration from the Edinburgh Business School of Heriot-Watt University in Scotland.

Alli holds a bache

TARIQ Alli, a citizen of Trinidad and Tobago, has been appointed by the Inter-American De velopment Bank (IDB) as General Manager of the Caribbean Country Department and IDB Coun try Representative for Jamaica.

Most recently, he served as General Manager - Cor porate and Investment

GUYANA CHRONICLE, Wednesday, September 14, 2022 15

Tariq Alli appointed new IDB Caribbean General Manager

Sectorial Performance

Notwithstanding, the wholesale, retail and trade, and en tertainment subsectors recorded higher growth compared to the previous corresponding period. This is evidenced of the positive impact of Government’s intervention in the economy to cushion the impact of rising cost of living, such as the var ious cash grants and other measures.

Figures 2.2 and 2.3 above illustrate the share of total exports and imports for the first half of FY 2022, wherein export of crude oil production accounted for 83 per cent of total exports while other exports accounted for 17 per cent of total exports. In terms of imports, import of fuel and lubricants accounted for 34 per cent of total imports while other imports accounted for 66 per cent of total imports.

Real GDP Growth

Is the paradoxical Dutch Disease present? (Part II)

Discussion and Analysis

ACCORDING to the Mid-Year 2022 economic report, the economy recorded real GDP growth of an estimated 36.4 per cent, driven by the petroleum, other crops, and services sec tors. Moreover, despite the setbacks that affected the other sectors, the non-oil economy recorded positive growth for the half- year period of an estimated 8.3 per cent. As such, the Ministry of Finance is confident that with the measures in place to continue increased economic activity, overall GDP growth for 2022 is now forecast to grow by 56 per cent, and non-oil growth by 9.6 per cent.

The non-oil economy has shown positive signs of recovery on account of the Government’s accommodative fiscal pol icy stance and allocation of resources aimed to repair the non-oil sectors – having suffered deteriorated performance in 2020 and 2021, and arguably the period 2015 - 2020. The agriculture, forestry and fishing subsector recorded growth of 11 per cent for the first half of the fiscal year (FY) 2022 compared to a negative growth of two per cent for the corre sponding half year period in 2021. The mining and quarry ing subsector, energy, construction, and services subsectors also recorded positive growth for the first half of FY 2022 of 65 per cent, six per cent, 20 per cent and eight per cent re spectively. Conversely, the manufacturing subsector declined by 11 per cent when compared to the corresponding period in 2021 on account of increased input costs and lower output for other manufacturing and pharmaceutical and medical products.

Financial analysist, Joel Bhagwandin

Credit to the Private Sector and the Money Supply

Continued on page 19

16 GUYANA CHRONICLE, Wednesday, September 14, 2022 Review and Analysis of the Mid-Year 2022 Economic Performance…

External Trade

Total exports for the first half year period of FY 2022 in creased nominally by 115 per cent driven largely by crude oil which increased by 179 per cent. Export of bauxite increased by 18 per cent, timber increased by 26 per cent, other exports increased by 15 per cent and re-exports increased by 123 per cent. Conversely, sugar, rice and gold declined by 39 per cent, 16 per cent and 0.8 per cent respectively. On the other hand, total imports increased by 41 per cent of which fuel and lu bricants increased by 63 per cent on account of higher prices and other imports increased by 32 per cent.

The sugar and rice manufacturing sector declined by 55.9 per cent and 17.3 per cent respectively, which is consistent with the lower output of both commodities as reported under the agricultural sub sectors of these commodities. The rice and sugar subsectors experienced lower output on largely ac count of the setback due to the floods and inclement weather patterns.

GUYANA CHRONICLE, Wednesday, September 14, 2022 17

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Is the paradoxical Dutch ...

Further to note, the overdraft balances were never report ed as part of the public stock of debt during the period 2015 – 2020. Hence, should this overdraft amount be excluded from the stock of debt of $100 billion, the non-oil debt to GDP ratio would have been around 54 per cent and overall debt to GDP ratio below 29 per cent.

The exchange rate appreciated marginally by 0.91 per cent from $208.8 for the first half year period in FY 2021 to $206.9 for the first half year period FY 2022.

Credit to the private sector increased by 15 per cent rela tive to the previous half year period in FY 2021. This increase was driven by increased credit to the agriculture sector by 20 per cent, mining and quarrying sector by one per cent, manufacturing sector by 39 per cent, services sector by 20 per cent, households by 12 per cent and real estate mortgages by seven per cent. This is indicative of broad-based growth through private sector investment across all the major non-oil sectors. Conversely, credit cards declined by four per cent and other forms of credit by 45 per cent.

The revised inflation forecast for the end of 2022 is 5.8 per cent which is below the global average forecast for 2022 of 8.2 per cent.

Despite this, the exchange rate remained stable because fortunately, the net foreign assets (NFA) of the commercial banks (which are the dominant players in the FX market) experienced dramatic increases during the twelve years’ pe riod spanning 2009 to 2021 and thus remained strong. In this respect, while the Bank of Guyana FX reserves increased by 43 per cent over this period from its 2009 position of US$569 million to US$811 million by the end of 2021; the commer cial banks NFA increased by 174 per cent from US$164 million in 2009 to US$449 million by the end of 2021. This outturn is largely due to increased foreign direct investments, growth in the private sector FX balances, and growth in over seas investments by the local financial institutions.

Inflation

According to the mid-year economic report for the first half of FY 2022, the overall economy is estimated to have grown by 36.4 per cent and the non-oil economy by 8.3 per cent. The total stock of public debt for the period is reported to at US$3.249 billion. Applying the estimated rate of growth in real GDP terms to FY 2021 real GDP – this can be used to calculate the debt-to-GDP ratio and non-oil debt-to-GDP ratio for the first half of FY 2022.

pageFrom16

Having so done, the debt-to GDP ratio stood at an esti mated 29 per cent for the first half of FY 2022 and the non-oil debt to GDP ratio an estimated 63 per cent for the period. Both of these ratios indicate that the level of public debt is relatively low to moderate in terms of the risk of default. This is despite the massive increase in public expenditure especially towards capital expenditure which is partly due to about 23 per cent of the 2022 budget being financed through the first drawdown from the Natural Resource Fund (NRF).

In the interest of absolute clarity, it must be noted that while the GDP growth is largely driven by the activities in the oil and gas sector and the support services sector, borrowing against future (projected) oil revenues is a slightly different issue altogether, which is a dangerous path to pursue. The Government has so far avoided going this route which is fiscally prudent and commendable.

Public Debt Management

Banking Sector Net Foreign Assets and Foreign Re serves

Notwithstanding, with the expansive development trajec tory of the economy and the low debt to GDP ratio suggests that the level of public debt is quite sustainable with a low to moderate default risk, and the Administration of the day must be commended for this type of prudent public debt man agement by restricting the temptation to borrow excessively against future oil revenues.

The Bank of Guyana foreign exchange (FX) reserve balance which stood at US$711 million for the period ended January – June 2022, represented 2.46 months import cover. The FX reserve weakened steadily during the period 2015 through 2020 in terms of its equivalency relative to the min imum requirement of import cover – that is, three months’ worth of import cover. In 2009 the FX reserve represented 5.79 months of import cover, 6 months import cover in 2010, 5 months import cover in 2011 – 2013, more than 4 months import cover in 2014 and close to 5 months import cover up to 2016.From 2017 – 2020 the FX reserve started to weaken be low 4.5 months of import cover down to 3.4 months import cover in 2018, 1.7 months import cover in 2019 and 2.2 months import cover in 2020.

Moreover, it is worthwhile to examine the debt-to-GDP ratio from another perspective where another adjustment is perhaps imperative. During the period 2015 – 2020, the pre vious Administration racked up an overdraft of about $100 billion in the Government deposit accounts at the Bank of Guyana. This practice, as was flagged by the Auditor Gen eral Report, was in contravention of the Fiscal Management and Accountability Act. In this regard, section 60 of the Act speaks to “overdraft facility” where it states that “the Minister shall repay in full all advances in the form of an overdraft on all official bank account on or before the end of the fiscal year during which that overdraft was drawn”.

This partly explains the reason why the current Minister with responsibility for Finance, Dr. Ashni Singh had to seek the National Assembly’s approval to raise the public debt ceiling so as to now regularize the Government Deposit Ac counts by clearing the overdraft balances and adding same onto the official stock of public debt.

Exchange Rate

GUYANA CHRONICLE, Wednesday, September 14, 2022 19

Notably, the inflation rate for the half year period January – June 2022 of 4.9 per cent is lower than the 5.6 per cent for the previous corresponding period in 2021. This is evidenced of the impact of Government interventions to cushion the rising inflation rate on account of inflationary pressures stem ming from the global economy.

The total money supply expanded by 14 per cent as well as shown in figure 3.2 from $541 billion for the half year period January – June 2021 to $616 billion for the half year period January – June 2022.

INTERTEC INC., a Guya nese-owned company that will be providing offshore solutions to those in the oil and gas sector, was launched on Tuesday at the Marriott Hotel.

Intertec also provides secure, covered warehous ing near the Guyana Shore Base, as well as stock man agement and documenta tion services. It can also source and procure the best quality food available on the market at the most competitive rates, ensuring the smooth and timely de livery to the offshore plat form or supply vessels in containers that are special ly designed to keep the food fresh during its transit.

sel services to the oil and gas offshore industry. She was born in Britain but has Guy anese roots and a Guyanese husband.Thecompany’s website states that its extensive ex pertise, combined with its local knowledge, means it can meet clients’ needs for reliable and flexible opera tions.“Intertec’s Board of Di rectors and Beneficial Own ers are 100 per cent Guya nese. You can be sure that working with Intertec means fulfilling your local content obligations and partnering with a truly Guyanese com pany which combines local knowledge with industry expertise,” the website states.

She added: “In 2023, we have plans to implement a maritime training programme and it is our mission to be as inclusive as possible and to retrain 95 per cent Guy anese national employees and we hope that, in turn, this will create the basis for more equal social contract in Guyana, allowing locals to participate in the petroleum supplyAccordingchain.” to London, there are several partnerships with major vessel owners in placeLondonalready.is the former Business Director of Devel opment of Intership Limited, which provides offshore ves

The company offers the full spectrum of offshore support crafts ranging from crew boats to the latest sub sea intervention vessels and accommodation units, in cluding terminal tugs. It will initially provide and operate third-party-owned tonnage to ensure there is full compli ance with local regulations and, in time, will build their fleet of Guyanese-owned and operated vessels.

New oil and gaslaunchedcompanysupport

“As we develop, we will be increasing our staff and hiring crew that we will need on a permanent basis,” she said in remarks at the launch.

The company was estab lished in 2020 in Georgetown and its directors have over 30 years of industry experience. Its services include the provision of a wide variety of marine logistics and support projects in both deep water and continental shelf envi ronments.Oneof the directors, Hannah Vogel London, ex pressed belief that the launch of the company has created an opportunity for compe tition. It will also improve the level of services that are being provided and allow Guyanese to gain knowledge and experience at a faster pace, she said.

Intertec’s Managing Director, Hannah Vogel London

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Police vs Blairmont at Blairmont: Blairmont won by 7 wickets. Police scored 106 all out off 18 overs. Kedar Amsterdam 31. Bowling for Blairmont; Shabeer Baksh took 4 for 16 off 4 overs, Waqar Hassan 3 for 8 off 4 overs, Seon Glasgow 1 for 19 off 4 overs.Blairmont, in reply, 110 for 3 off 11.2 overs, Kevin Jawahir 27, A. Khan 24. Bowling for Police; Travis Drakes - 2 for 22 off 4 overs, K. Mentore 1 for 10 off 1 over.

(From page 34)

India Women beat England...

NAMILCO

There were soft dismissals at the start, with Sophia Dunk ley again falling to spin as she was stumped off Deepti Shar

The tournament is being sponsored by Mr Chandradat Chintamani in memory of his uncle Ivan Madray, a former Test player who played two matches for West Indies in the 1950s.The opening round attract ed sizeable crowds to the ven ues as cricket restarted after a five-month break due to the rainy season. The opening round saw good performanc es from former Guyana and West Indies player Sewnarine Chattergoon, Josh Harrichan, Shabeer Baksh and Trevon Stanislaus.Scores from the matches were:Rose Hall Canje vs Tucber Park at Albion - Tucber Park won by 5 wickets. Rose Hall Canje scored 72 for 8 off 20 overs. Raymond Vankenie 12, Devindra Ramkishun 12, Extras contributed 20 runs. Bowling for Tucber Park, Qwesi Mickle took 3 for 9 off 3 overs and Nial Smith 2 for 10 off 3 overs.

In the first two matches for the GFA leg of the tournament, Camptown routed Black Pearl 5-0, while Fruta Conquerors defeated Georgetown FC 3-1.

ical as they usually are in the field, with some sloppy mis fields, epitomised by Danni Wyatt dropping Harmanpreet Kaur on Kemp19.also started with a no-ball, with both the initial delivery and free hit going for four, while Capsey started with five wides.

THE Berbice Cricket Board (BCB)/2022 Ivan Madray 20/20 tournament started in a blaze of glory with good weather and five matches across the Ancient County.

There were some encour aging signs with Lauren Bell coming back well to finish with figures of 0-23, having gone for 14 from her first two overs, while Freya Davies dismissed Dayalan Hemala tha with a beautiful ball that hit top of off stump. (BBC Sport)

overs.Skeldon Community Cen tre, in reply, 70 all out in 15.5 overs; Zakel Gordon 26, No land Richard 14. Bowling for Albion, Kelvin Umroa took 3 for 13 off 3 overs, Gourav Ra mesh 2 for 6 off 3 overs, Leon Cecil 2 for 11 off 1.2 overs

tournament,” said NAMILCO Marketing Supervisor, Alicia Anderson.“Think big and think positive,” Anderson told the competing teams. “Use this tournament as an opportunity to build your discipline and to implement it in your life because it can impact yourself, your family and your commu nity.”GFA General Secretary Adrian Barrow thanked NA MILCO for its ongoing sup port to the development of youth football, and urged the players to make the most of the experience.“Weare looking forward to having a fantastic tourna ment,” said Barrow.

Albion vs Skeldon Com munity Centre at Albion, Al bion won by 69 runs, having

“I want to congratulate the GFF for taking this initia tive and also to NAMILCO, our company, for having this

THE Georgetown Football Association (GFA) kicked off the Guyana Football Federation (GFF)-NAMIL CO Thunderbolt Flour Power National past.aninIntra-AssociationUnder-17Leaguestylelastweekend,withofficialteammarch-

On the opening day, Camptown FC and Fruta Conquerors opened their accounts with impressive victories.Thecompetition is the latest edition of the nation wide Under-17 collaboration between the National Milling Company of Guyana (NA MILCO) and GFF, which has supported the personal and sporting development of more than 1 000 boys across the country since its inception.

in 2016, and this partnership has endured for almost sev en years,” GFF president Wayne Forde said, after the official march-past of all the GFA competing teams before the opening match at the GFF National Training Centre.“The National Milling Company has been patient, they have been committed, and they have shown an interest beyond the recipro cating value that they expect from the investment that they are making into your lives,” Forde told the assembled players.

about wanting to be more ag gressive in Twenty20 cricket, which can lead to off days. This was one of them.

ma, before Danni Wyatt was caught at slip and Alice Capsey was run-out after a miscommu nication with Bryony Smith.

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Tucber Park, in reply, scored 73 for 5 off 17.1 overs. Zeynul Ramsammy 20, Martin Singh 9, Extras contributed 21 runs. Bowling for Rose Hall Canje, Sanjay Algoo grabbed 2 for 13 off 2 overs.

scored 139 for 5 off 20 overs. Sewnarine Chattergoon 65 not out, Kelvin Umroa 25, Leon Cecil 16. Bowling for Skeldon Community Centre, Shahab Rasheed took 2 for 19 off 4

Port Mourant vs Upper Corentyne at Port Mourant.

Stand-in skipper Amy Jones and Smith steadied the ship before both fell quickly, leaving Freya Kemp and Maia Bouchier, who made an inter national career-best 34, to drag them towards a competitive total.Kemp took advantage of anything in her arc, crashing three big sixes and three fours, but India learnt quickly and effectively tied her down with some wide bowling, after she raced to 24 off 12 balls.

England were not as clin

The tournament is one of at last three that the proactive BCB is aiming to successfully complete before the end of the year.Albion, Tucber Park, Port Mourant, Young Warriors and Blairmont won their first-round matches to advance to the second round. BCB president Hilbert Foster and chairman of the Competitions Committee, Leslie Solomon visited each of the matches to make sure that all arrangements were in place and used the opportunity to hand over coaching equipment to coaches working in the area.

U-17 Intra-Association football...

Blairmont Blazer - Shabeer Baksh (left) and Waqar Hassan

Six teams advance to second round of BCB/Ivan Madray 20/20 tournament

This is the first partner ship that we launched back

“Discipline is a huge part of this game on and off the field – that is something as an association that we are very keen to ensure is at the heart of what we do.”

Camptown, Conquerors secure impressive wins on opening day

Achievers vs Young War riors at Bush Lot: Young Warriors won by 8 wickets. Achievers - 86 all out off 16.5 overs. Shamal Angel 20, Leon Andrews 17. Bowling for Young Warriors, Trevon Stanislaus took 3 for 9 off 4 overs, Suresh Dhanai 2 for 14 off 3 overs, Kassim Khan 2 for 20 off 4 overs. Young Warriors made 87 for 2 off 10.2 overs - Suresh Dha nai 40 not out and Trevon Stanislaus 16. Bowling for Achievers, Jayden Samuels captured 2 for 13 off 2 overs.

Port Mourant won by 7 wick ets. Upper Corentyne made 64 all out in 14.5 overs with S. Searro 20. Bowling for Port Mourant, Joshua Harrichan snared 4 for 3 off 3.4 overs, Salim Khan 3 for 5 off 2 overs, Vinood Samaroo 2 for 10 off 4 overs. Port Mourant scored 65 for 3 off 11.2 overs. Joshua Ramsammy 15, Rampertab Ramnauth 11, Madhan Budhan 11 not out. Bowling for Upper Corentyne, Omesh Mathura took 1 for 14 off 4 overs.

As much as Tim Paine is credited for Australia's turn around after the ball-tam pering scandal, Finch found himself in an equally difficult position.Australia's ODI team lost 11 of their first 13

when to bring strike weapons like Mitchell Starc back into the Finch'sattack. captaincy be came so strong that at the 2019 World Cup, Michael Vaughan labelled him the best skipper in the tourna ment for his field settings and use of his bowlers.

"But there are also times

The opener labelled it as two of his proudest feats on Saturday, and Australia started that 2019 World Cup strong before exiting in the semi-finals.

Finch will finish with a winning record of above 50 per cent with a 30-24 record as skipper headed into his final ODI against New Zealand in Cairns last Sunday.

BEFORE Aaron Finch had been appointed Australia's one-day captain, Shane Warne had pinned him down as a future leader in all three formats.

ing to finish after the World Cup from Twenty20 cricket," he added."Obviously, we all back him and support him 100%. He loves the short form of the game as well. I'm sure he'll go back to the nets and work hard and work out what he needs to do to put runs on the board."

But as is often the case, Warne was proved right in his beliefs around the capa bilities of Finch the captain

Australia opener David Warner

matches after the drama, and the team was in ruins not long before 2019 World Cup.Finch led the rebound, turning around his own form in coming back from 2-0 down to beat India 3-2 on foreign soil and Pakistan 5-0 in the UAE.

"You need to be able to give the new captain as much space and time to start to ingrain that way that they want to play and take the team forward.”

"He hasn't said if he's go

In his four years at the helm of Australia's whiteball teams, it's hard to think of too many times where Finch has pulled the wrong move.Spinners thrived under him, quicks revelled in short, sharp spells and Finch regu larly made the right call of

"That's one thing I've been really proud of. Some times you make mistakes out there and we've been lucky enough to have a very good side that can cover it up.

The 35-year-old was banned from the elite game for a year and from lead ership positions for life by Cricket Australia after he was adjudged to have played the leading role in the 2018 scandal.Australia have a vacan cy as one-day international captain after Aaron Finch decided to step down on the back of a poor run of form and there is no guarantee he will continue as Twenty20 skipper after the upcoming World"AnyCup.opportunity you get asked to captain or whatnot, it's a privilege," Warner told Fox Sports yesterday.

Aaron Finch delivers on Warne's captaincy prophecy

The 36-year-old had long made clear his plans to play through until the 2023 ODI World Cup.

"That (strategic stuff) is a part of the game I love," Finch said. "… the intrica cies of the captaincy and the decisions that you make out on the ground; just reading the game, analysing it and preparing for games. It's something that I love doing.

"It was in the lead up to the 50-over World Cup in England and we hadn't been in great form, so for us to go there and have our backs against the wall and win 3-2 was really special.

Australia's T20 World Cup title defence gets un derway against New Zea land in Sydney on October 22.

Test captain Pat Cum mins, who is the favourite to take over the ODI side, and several former Australia players have been lobbying in the media for Warner's ban to beWarnerrescinded.said it was by no means certain that Finch would also walk away from the shortest form of the inter national game.

SYDNEY, Australia: (Re uters) - David Warner says he still considers leader ship roles a privilege and is ready to talk to Cricket Australia (CA) about end ing the ban imposed on him for his part in the Newlands ball-tampering incident.

But as his form dropped and a niggling shoulder problem started to set in, Finch realised in the past fortnight there would be no revival in his batting like there was before the 2019 tournament.

when you walk off and you can be really proud of some of the moves that you pulled."Finch's leadership has also been crucial for CA in four years of change.

In the T20 format the Victorian was just as effec tive.His batting was on the wane by last year's World

"Over the last couple of years I've probably got a lot calmer with my emotions and everything on the field," he said\"When you put so much work in behind the scenes, at times it can look like you're potentially pulling a couple of moves out on the field.

"Coming back from to 2-nil down against India, in India, I think the first team to ever do that and to win 3-2. That was something that was so huge for our group at the time, because it was obviously a little transi tion phase," Finch said.

"And then we took that on to beat Pakistan 5-0 and started off the World Cup really well, too. So that's something that really stands out in my mind of being a specialUltimately,series.

a new board and I'm always happy to sit down and have a chat about anything."

"But you've already talk ed about it and spoken about it with the coach and other players."SoI'd say I've just been calmer (as I've matured)."

Finch's job off the field was just as important.

(AAP)

Finch's demeanour helped build back the reputation of the national team.

GUYANA CHRONICLE, Wednesday September 14, 2022 33

Aaron Finch (right) and Shane Warne at the coin toss before a T20 match against India at the MCG in 2018 (Getty)

With cricket in ruins,

Cup, but it was again his captaincy that helped Aus tralia break their duck and claim their maiden title in the It'sUAE.part of the reason why CA will back him to play on in the format and defend the title on home soil

'My phone's here' David Warner ready to talk leadership with CA

"His one-day and T20 cricket is outstanding," Warne penned in a column in 2018."Ifhe can seize his op portunity in the Test team, I believe he has a lot to offer in red-ball"He'scricket.amust-pick and

"I thought about it in the lead-up to the Zimbabwe series (starting last month).

"For my circumstances, that's in Cricket Australia's hands. I can only concentrate on what I have to do and that's using the bat and trying to get as many runs as I can.

"My phone's here. At the end of the day, what's done in the past is done. There's

captaincy is a crucial el ement of the (upcoming) World Cup. I think he could do a great job and I like his captaincyHistorystyle."will show that Finch never quite cracked it in Test cricket, left being a star in the white-ball format before announcing his oneday retirement on Saturday.

"I'm very, very confident that I wouldn't have made it that far just with my body and everything as well as a bit of form," Finch conced ed on Saturday.

OPENER Smriti Mandha na made an unbeaten 79 to guide India to an eight-wick et win over England and set up a decider in the threematch Twenty20 series.

New England captain Ben Stokes

said this year's tournament would be regarded as an "inflection point".

34 GUYANA CHRONICLE, Wednesday September 14, 2022 CRICKET QUIZ CORNER (Wednesday September 14, 2022) COMPLIMENTS OF CUMMINGS ELECTRICAL COMPANY LTD 83 Garnett Street, Campbellville, Georgetown (Tel: 225-6158) Answers to yesterday’s quiz: (1) Barbados Royals (2) Alzarri Joseph-12 wickets (St. Lucia Kings) Today’s Quiz: (1) When did the Patriots win the CPL title? (2) When did the Patriots lost a CPL final? Answers in tomorrow’s issue

tury, and her sixth against England, with a classy show of power and guile.

"But there wouldn't be a Serena and Venus if it weren't for Arthur. There wouldn't be an Arthur if it weren't for Althea."

Kemp impressed but En gland's inexperience showed England, who are missing their three most experienced and influential players in cap tain Heather Knight, vice-cap tain Nat Sciver and fast bowler Katherine Brunt, have spoken

England under Stokes capable of winning Ashes next year: Vaughan

(Turn to page 32)

"They have sent a clear message to the opposition that they are out to win, from anyTheposition."team can get even better by mixing tact with their usual gung-ho ap proach, Vaughan said re

thur won Wimbledon was one of them ... We're going to look back on this one as one of them as well."

Gauff told reporters she

The final match in the T20 series takes place at Bristol tomorrow (18:30hrs BST), before three one-day interna tionals follow from Sunday.

(REUTERS) The US Open began as a farewell party for Serena Williams and ended with proof of her legacy for Black athletes, USTA player development head, Martin Blackman, told Reuters.

Coco Gauff

Playing an aggressive brand of cricket without any fear of failure made current England team such an ex citing side, the 47-year-old said."The leadership group of Stokes and head coach Bren don McCullum has been so clear in releasing the shack les of any pressure on the field," he wrote.

The team have displayed a fearless brand of cricket, termed ‘Bazball’, under the new leadership winning six out of seven Tests which included a 2-1 series victory against South Africa

'Big Foe,' as he is known, became the first Black American man to reach the US Open semi-finals after Arthur Ashe in 1972, losing to eventual champion Car los Alcaraz, and the USTA player development head

LONDON, England (Re uters) - England's dom inant home summer has convinced former skipper Michael Vaughan that Ben Stokes and his men are ca pable of wresting the Ashes urn from traditional rivals Australia next year.

Tiafoe carried Williams' legacy into the second week when the latter was unable to add to her 23 Grand Slam titles, going out in the third round.

Chasing 143 to win, India got home with 20 balls left in Derby, as Mandhana hit 13 fours in her 53-ball innings.

England's 4-0 drubbing in Australia earlier this year was a catalyst behind a lead ership change with New Zealander Brendon McCul lum taking over the coaching reins of the Test side and Stokes as the captain.

"At the start of April, if you had said they had a chance to win back the Ash es next year we would have said there was no way they could do it," Vaughan wrote in his column for the Daily Telegraph.

impact he was having on the "Atsport.the end of the day I love that because of Fran ces Tiafoe there are a lot of people of colour playing tennis," Tiafoe told report ers. "That's obviously a goal for me."

Earlier England made 142-

6, having been 18-3 and 54-5, with 17-year-old Freya Kemp hitting a maiden half-century, smashing an unbeaten 51 off 37 balls.India were much improved from their ragged performance in the series' opening game on Saturday, with Radha Yadav superb in the field and Sneh Rana taking 3-24.

"But, on the back of a remarkable summer of Test cricket, it is clear: England can regain the urn next sum mer.""Australia will respect the aggressive way that En gland have played this sum mer. And they will fear it too, knowing that England can attack and are so danger ous from all positions."

Williams earned her first Grand Slam title in 1999 at the US Open and took her final bow at Flushing Mead ows after announcing she would be "evolving away" from the sport sometime following the year's final major.Frances

earned her first paycheck when she was performing as a "young version" of Williams in a Television commercial at the age of 9 or 10."Sometimes being a woman, a Black woman in the world, you kind of settle for less," said Gauff, adding, "(Williams) never settled for Blackmanless." said that watching Tiafoe and Gauff's performance this year "speaks to the progress that has been made" and the impact of Serena and Venus Williams."They've attracted thou sands or millions of girls of colour into the sport," he said, adding that pioneers like Arthur Ashe and Al thea Gibson should not be forgotten.

Gauff, Tiafoe poised to carry Serena's legacy forward: USTA

She was supported by Har manpreet Kaur's 29 not out and Shafali Verma's 20.

Tiafoe was the first man in the US who reached the semi-finals at New York after Andy Roddick in 2006, and he prided himself in the

They were then backed up by a brilliant Mandhana, who made her 17th T20 half-cen

"If they want to be the best team in the world for a period then they will have to play more consis tently – combine that flair they have displayed all summer with that tough ness and shrewdness."

India Women beat England to set up T20 series decider

A rapid half-century from Smriti Mandhana left England helpless (ECB via Getty Images)

Frances Tiafoe

ferring to the second Test against South Africa.

This year, a record 776 120 fans watched the main draw at the US Open, with hopes of a champion for American women resting on 18-year-old Coco Gauff, who reached her second Grand Slam quarter-final.

"This Open, a lot of it has been about connecting the dots," said Blackman, adding, "There are certain inflection points: '99 was one of them, '75 when Ar

World Cup standards saying “I know it is going to the World Cup.”

Pooran was deservedly named man-of-the-match and also won the prize for the best bowler.

President of the MSC, Avery Trim, in response stated, “I would like to say a hearty thank you to Dr Haynes and his wife for this timely contribution. We appreciate the fact that you would have come in at a time which school sports is on the schedule and will start this month.

Duffy’s hopes of qualify ing for the showpiece final in St George, Utah looked to be over when she was unable to race at the Subaru Ironman 70.3 Mont-Tremblant in June after her bike failed to arrive in Montreal, Canada from Denver, Colorado.

This would indeed be a good gesture to showcase that businessmen in Linden do care about sports in Lin den. These two machines would definitely be used for its intended purpose.

‘Thrilled’ Duffy gets Ironman 70.3 final wildcard

He mentioned his aim to return the 20/20 football tournament which he created a few years ago at the MSC and said we plan to also do it again hopefully by the end of the year and he intends to get the 20/20 to reach

The new Honda brand and the reconditioned Troy Built manufactured lawn mowers, according to Dr Joseph Haynes, are two of the best brands one can find.

time. They are quality mow ers that should last a long time and they require very little maintenance.”

From left, Dr Joseph Haynes and Mrs Haynes hand over the lawn mower to MSC president Avery Trim in the presence of MSC executives, Joseph Chapman and Norris King

Dr. mowersdonatesHaynestwolawntoMackenzieSportsClub

Apart from Pooran’s fine bowling display, former Guyana Under-19 skipper Eugene LaFleur also im

A BRILIANT bowling performance by former Guyana youth player, Raja Pooran, spurred Melbourne Sports Club to an impressive win over Apollo Sports Club in the final of the Canadian Commonwealth Associ ation of Toronto 40-over tournament, which cli maxed last Saturday at Keele Top, North York, Toronto, Canada.

GUYANA CHRONICLE, Wednesday September 14, 2022 35

Raja Pooran poses with his winnings

do my best to add to the excitement of the women’s race.

“St George bound!” Duffy, whose training base is in Boulder, Colorado, said in a social media post.

At the presentation cere mony at the Haynes Mall in Amelia’s Ward, Linden, and in the presence of his wife Esther, president of MSC Avery Trim, 1st Vice-pres ident Norris King and Gen eral secretary Joseph Chap man, Dr Haynes noted : “My wife and I decided that we are going to do our part in ensuring that sports contin ues to be played at a level that is professional … we are fulfilling a promise that we made some time ago, actual ly before COVID-19, and so we can get the ball rolling as sports coming up and I think it is just in time for the level of the grass to be the way.”

In July, Duffy, who has twice had COVID this year, retained her Common wealth Games title when she stormed to victory in Birmingham, England, where she repeated her Tokyo vic tory over England’s Georgia Taylor-Brown.Earlierthat month, Duffy overcame a 10-second pen alty to storm to a thrilling victory in the World Triath lon Championship Series (WTCS) race in Hamburg, Germany. She currently stands second in the stand ings behind Taylor-Brown and is bidding for a record fourth world title.

Apollo’s innings never got going after being asked to bat first, losing wickets at regular intervals with extras being the main contributor with 21 while Imtiaz Hosein made 19.

The Haynes called on the MSC management Commit tee headed by Avery Trim to maintain the level and the standards for sports like cricket and football among other sports and games at the main sports facility in the town of Linden.

“Officially received an invitation from Ironman as a wildcard. Thank you for the opportunity @ironmantri – I really appreciate it and will

The next WTCS race is in Cagliari on the Ital ian island of Sardinia next month, followed by Bermu da in early November and the final in Abu Dhabi later that month.

The race was Duffy’s final chance to clinch one of three qualifying slots for the final on October 28.

“Truth is, I have been try ing to get to the 70.3 Worlds for a few years now. I am really thrilled to get to finally start.”

He added: “We have a bigger plan but that will take some time as we plan to get a riding lawn mower for the Mackenzie Sports Club, so that it would be much easier and much faster to get the job done. Once you use them with care they can last a long

Competing at the 70.3 Worlds has proved elusive for Duffy, 34, who missed events in Port Elizabeth, South Africa, in 2018 and Nice, France, the following year because of injury.

last year in St George, Utah, but opted out because of exhaustion after winning the women’s triathlon gold med al at the Olympic Games in Tokyo, Bernews said.

Two former Guyana youth players, Harrienarine Chattergoon and Sharaz Ramcharran, were also part of the Apollo Sports Club side but failed to make any mpression in both depart ments. Kevin George, an other Guyana youth player, turned out for Melbourne Sports Club.

HAMILTON, Bermuda, (CMC) – Bermuda’s Olym pic champion Dame Flora Duffy says she is “thrilled” after receiving a wildcard to compete in next month’s Ironman 70.3 World Championship in the Unit ed State, according to the Bernews website.

The race in 2020, for which Duffy had qualified, was cancelled because of the COVID-19 pandemic. She was eligible to compete

tory in 12.2 overs, losing one wicket in the process. Hurley’s knock was laced with six fours and five sixes off a mere 36 balls.

Bermuda’s Olympic champion Flora Duffy

DR Joseph Haynes and his wife Esther, through their Health and Wellness Clin ic, last Friday delivered on a promise and donated two lawn mowers to the Mackenzie Sports Club (MSC) which is in prepa ration mode for the new school term where sports will be featured prominent ly throughout Linden and Region 10 (Upper Demer ara/Upper Berbice.

Pooran, who hails from Enmore, East Coast De merara but plies his trade in Canada, grabbed four for 29 from eight overs with his off-spinners as Apollo were shut out for a meagre 88 in 21 overs.Ledby a quick-fire un beaten 66 from former Bar bados and West Indies play er Ryan Hurley, Melbourne Sports Club rushed to vic

Pooran spurs Melbourne Sports Club to 40-over championship title

pressed with two for two off five deliveries. Jamaican Powell Joe-Wayne was also among the wickets with two for 33 runs from four overs.

ANTHONY Joshua has accepted WBC champion Tyson Fury's terms for an all-British heavyweight fight on December 3 and is "awaiting a response", his management company has said.

“I am genuinely pleased to combine my love for sports and my professional training and experience in business and finance, in this new role. I am looking forward to this exciting opportunity.”

ing former world champion Joshua in a video posted on socialJoshuamedia.was beaten by Ukrainian Oleksandr Usyk in their rematch in Saudi Arabia last month, his third defeat in his past five bouts.

“We are delighted to have Ms Kebra Nanton join CWI as our new CFO. Her appointment followed a rigorous and competitive recruitment process, and she is the ideal person to take up this crucial role,” said CWI president, Ricky Skerritt.

CWI appoints Kebra Nanton as new Chief Financial Officer

Joshua accepts Tyson Fury's terms for all-British December fight

Fury, 34, had said he was retiring after beating Dillian Whyte in April, and reiterated that claim last month, before challeng

Nanton holds a Bachelor’s Degree in Accounting from Mississippi Valley State University and a Master’s Degree in Business Analytics from NYU Stern School of Business, and boasts a portfo lio which includes financial analysis and

In a statement posted on Twitter and shared by Joshua, 258MGT said: "258 and Matchroom Boxing can confirm, on behalf of Antho ny Joshua, that we accepted all terms presented to us by Fury's team for a fight."

“Kebra is highly accomplished in both accounting and Information Technology and with her background as an outstand ing sportswoman and administrator we can also expect her to quickly become an effective member of our leadership team.”

A boxer must be ranked in the top 15 by all governing bodies to challenge for a world title.

Gauff, Tiafoe poised to carry Serena's legacy forward:

CWI’s new Chief Financial Officer, Kebra Nanton

The fight was agreed on Friday but the announce ment was delayed because of the death of the Queen lastInitialThursday.terms have been agreed but Joshua is yet to sign a contract.

Camptown, Conquerors secure impressive wins on opening day

other country in the Middle East could also host it.

“My involvement in sports, from the perspective of a player and as an administrator, has shaped the trajectory of my life.

PAGE 32

Part of the action on the opening day (Photo; GFF)

Printed and Published by Guyana National Newspapers Limited, Lama Avenue, Bel Air Park, Georgetown. Telephone 226-3243-9 (General); Editorial: 227-5204, 227-5216. Fax:227-5208 WEDNESDAY, SEPTEMBER 14, 2022 NAMILCO U-17 Intra-Association football...

She previously worked as Chief Fi nancial Officer of the Antigua and Barbu da Airport Authority and served in senior accounting roles at the Mount St John’s Hospital and regional airline LIAT.

forecasts, management accounting and data“Ianalytics.amhonoured to accept the respon sibilities of Chief Financial Officer at Cricket West Indies,” Nanton said.

There is a rematch clause with a 50-50 split if Joshua beats Fury, but the venue for the December fight, should it go ahead, is yet to be confirmed.

There are still hurdles to overcome before the fight is finalised, with both fighters signed to rival promoters and broadcasters, although two-time champion Joshua this week entered the WBC rankings in sixth position in another significant devel opment.

Anthony Joshua (right) was beaten by Oleksandr Usyk last month

ST JOHN’S, Antigua (CMC) – Cricket West Indies (CWI) has named former national basketballer Kebra Nanton as its new Chief Financial Officer.

GFF president Wayne Forde and NAMILCO Marketing Supervisor, Alicia Anderson, greet the players before kick-off (Photo: GFF)

Joshua, 32, was sent an offer by Team Fury, sug gesting a 60-40 purse split to the champion and a De cember fight date.

Cardiff's Principality Stadium has been mooted, while Saudi Arabia or an

Nanton, a former captain of the Antigua and Barbuda women’s basket ball team and president of the national association, took up her new post on September 1.

USTA PAGE 34

(BBC Sport)