De New Year deh pon steroids

De New Year is like de economy It flyinghighlikeitissupersonicjet.Todayis delastdayofJanuary

Some people nah done mek dem New Year’s Resolutions as yet. And one month done fly by Some others done break dem resolutions.Wanmandidpromisedathegan stop bite he fingernails. Now, he toenails never looked better De new year deh pon steroids. Some people nah even tek down dem Christmas decoration yet. And now dem gat to put up de buntings fuh Mashramani. With all de money wah de CultureMinistryget,degovernmentganput onabigshowfuhdeMashramani.

Bydetimeweketchweself,Eastergan dehponwe. Beforeyouknowit,Christmas 2023ganbewithweandweallganwonder wheretheYearwent. and the ability to absorb all private and public investment.

Datisdeproblemwithpeople.

Dem does allow de year fuh go by and stillnahgetalldethingsdemwantgetdone. Anddendemdoescomplainhowtimeflying by De truth is that de speed of time is de same.Iswewhodoesgoslowerandfaster DespeedofdeNewYearmekdemboys remember de teacher wah ask he class, “Howmanysecondsthereareinayear?”De studentsstarttotekoutdemcalculatorsfuh calculatedeseconds.

One boy however put up he hand and claim he done know de answer He tell de teacher how de year gat 12 seconds –January 2nd, February 2nd, March 2nd…December2nd.

Talkhalf.Leffhalf!

Thegovernmenthaslong been forewarned about the absorptive capacity of the economy Theywereadvised to moderate growth so as to avoid problems The International Monetary Fund (IMF) warned the governmentinJunelastyear to moderate its public expenditure, noting that a large increase in public investment could add inflationary pressure, affect competitiveness of the non- oil economy, drain foreign exchangereservesandmight be unsustainable over the medium-term. Further, the World Bank has told the government that a rapid increase in public expenditure can distort production and prices in the non-oil economy and hamper the private sector’s ability to seize new opportunities.

But the government is not paying keen enough attention to these recommendations It has gone ahead and once again tabled a Budget which is 40% higher than last year Guyana’s economy is showing all the signs of overheating. And this can lead to the eventual tanking andcollapseoftheeconomy (The views expressed in this article are those of the author and do not necessarily reflect the opinions and beliefs of this n e w s p a p e r a n d i t s affiliates.)