Close Menu
DemocracyGuyana.comDemocracyGuyana.com

    Subscribe to Updates

    Get the latest news from DemocracyGuyana.com

    What's Hot

    The Pre-Requisite Paradigm Shift: Guyanaโ€™s Economic Agenda, 2026โ€“2030

    December 23, 2025

    GHK Lall: a model of Reprobation?

    December 22, 2025

    Guyana enters its golden years of development

    December 21, 2025
    Facebook X (Twitter) Instagram
    • About DG
    • Join as Volunteers
    • Become a Member
    Facebook X (Twitter) Instagram YouTube TikTok
    DemocracyGuyana.comDemocracyGuyana.com
    Jet Global Airways
    • Home
    • Diaspora
    • Guyana News
    • Global News
    • Artificial Intelligence
    • Business Opportunities
    • Advertise with us
    • Photo Gallery
    • Videos
    • World Newspapers
    • Contact Us
    DemocracyGuyana.comDemocracyGuyana.com
    Home»Featured»From Bankruptcy to Resilience (6 Days to Election)
    Featured

    From Bankruptcy to Resilience (6 Days to Election)

    Joel BhagwandinBy Joel BhagwandinNo Comments2 Mins Read4,551 Views
    Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
    Joel Bhagwandin
    Joel Bhagwandin
    Share
    Facebook Twitter LinkedIn Pinterest Email
    โœจ Under PPP/C leadership, Guyana moved from bankruptcy to resilience โ€” building the strongest financial position in the nationโ€™s history.
    ๐Ÿ‘‰ ๐…๐€๐‚๐“ ๐’๐‡๐Ž๐‚๐Š๐„๐‘ #๐Ÿ โ€“ ๐๐š๐ง๐ค๐ซ๐ฎ๐ฉ๐ญ๐œ๐ฒ ๐”๐ง๐๐ž๐ซ ๐๐๐‚ (๐Ÿ๐Ÿ—๐Ÿ—๐Ÿ)
    ๐Ÿ’ธ -G$5.3B in reserves vs G$22.7B spending
    โžก๏ธ Guyana was bankrupt, spending money it didnโ€™t have.
    ๐Ÿ‘‰ ๐…๐€๐‚๐“ ๐’๐‡๐Ž๐‚๐Š๐„๐‘ #๐Ÿ โ€“ ๐๐๐/๐‚โ€™๐ฌ ๐‘๐ž๐ฌ๐œ๐ฎ๐ž (๐Ÿ๐Ÿ—๐Ÿ—๐Ÿโ€“๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“)
    ๐Ÿ“ˆ By 2011, PPP/C built ๐—š$๐Ÿญ๐Ÿฑ๐Ÿฑ๐—• ๐—ถ๐—ป ๐—น๐—ถ๐—พ๐˜‚๐—ถ๐—ฑ๐—ถ๐˜๐˜† ๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ & ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ฒ๐˜€ ๐˜ƒ๐˜€ ๐—š$๐Ÿญ๐Ÿฑ๐Ÿญ๐—• ๐˜€๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด
    โžก๏ธ ๐Ÿญ๐Ÿญ๐Ÿฎ% ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ (๐Ÿญ.๐Ÿญ:๐Ÿญ) โ€” stronger financial buffers than expenditure, ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐—ผ๐—ถ๐—น ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ ๐—ณ๐—น๐—ผ๐˜„๐—ฒ๐—ฑ!
    ๐Ÿ‘‰ ๐…๐€๐‚๐“ ๐’๐‡๐Ž๐‚๐Š๐„๐‘ #๐Ÿ‘ โ€“ ๐‚๐จ๐ฅ๐ฅ๐š๐ฉ๐ฌ๐ž ๐”๐ง๐๐ž๐ซ ๐€๐๐๐”+๐€๐…๐‚ (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“โ€“๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ)
    โš ๏ธ Inherited a healthy ๐Ÿด๐Ÿฏ% ๐—น๐—ถ๐—พ๐˜‚๐—ถ๐—ฑ๐—ถ๐˜๐˜† & ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ฒ๐˜€ ๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿญ๐Ÿฑ
    โŒ By 2019: just ๐Ÿฎ๐Ÿฏ% (๐—š$๐Ÿญ๐Ÿฎ๐Ÿฌ๐—• ๐—น๐—ถ๐—พ๐˜‚๐—ถ๐—ฑ ๐—ฎ๐˜€๐˜€๐—ฒ๐˜๐˜€ & ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ฒ๐˜€ ๐˜ƒ๐˜€ ๐—š$๐Ÿฏ๐Ÿญ๐Ÿฑ๐—• ๐˜€๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด)
    โžก๏ธ Fiscal buffers were ๐˜€๐—พ๐˜‚๐—ฎ๐—ป๐—ฑ๐—ฒ๐—ฟ๐—ฒ๐—ฑ.
    ๐Ÿ‘‰ ๐—™๐—”๐—–๐—ง ๐—ฆ๐—›๐—ข๐—–๐—ž๐—˜๐—ฅ #๐Ÿฐ โ€“ ๐—ฅ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป ๐˜๐—ผ ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ป๐—ด๐˜๐—ต ๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฃ๐—ฃ๐—ฃ/๐—– (๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฌโ€“๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ)
    โœ…๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฌ: 25% liquidity ratio (inherited from APNU+AFC)
    ๐Ÿ”ฅ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ: 92% liquidity ratio (โ‰ˆ1:1) โ€” nearly every dollar spent backed by a dollar saved.
    โžก๏ธ A full ๐—ฟ๐—ฒ๐˜€๐˜๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฟ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ under PPP/C stewardship.
    ๐Ÿ‘‰ ๐—™๐—”๐—–๐—ง ๐—ฆ๐—›๐—ข๐—–๐—ž๐—˜๐—ฅ #๐Ÿฑ โ€“ ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฃ๐—ฟ๐—ฒ๐˜€๐—ถ๐—ฑ๐—ฒ๐—ป๐˜ ๐—”๐—น๐—ถ
    ๐Ÿš€ Real GDP nearly ๐—พ๐˜‚๐—ฎ๐—ฑ๐—ฟ๐˜‚๐—ฝ๐—น๐—ฒ๐—ฑ (G$1.5T โ†’ G$5.5T)
    ๐Ÿ›ข๏ธ Oil output soared (๐—š$๐Ÿฑ๐Ÿฐ๐Ÿต๐—• โ†’ ๐—š$๐Ÿฐ.๐Ÿฎ๐—ง)
    ๐Ÿ’ผ Non-Oil GDP grew 1.5ร— (G$949B โ†’ G$1.4T)
    ๐Ÿ’ฐ National budget expanded 3.5ร— (G$330B โ†’ G$1.146T)
    ๐Ÿซ๐Ÿฅ๐Ÿก Record investment in ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป, ๐—ต๐—ฒ๐—ฎ๐—น๐˜๐—ต๐—ฐ๐—ฎ๐—ฟ๐—ฒ, ๐—ต๐—ผ๐˜‚๐˜€๐—ถ๐—ป๐—ด & ๐—ถ๐—ป๐—ณ๐—ฟ๐—ฎ๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐˜‚๐—ฟ๐—ฒ
    โค๏ธ Expanded support for ๐—ฐ๐—ต๐—ถ๐—น๐—ฑ๐—ฟ๐—ฒ๐—ป, ๐˜€๐—ฒ๐—ป๐—ถ๐—ผ๐—ฟ๐˜€, ๐—ฎ๐—ป๐—ฑ ๐˜ƒ๐˜‚๐—น๐—ป๐—ฒ๐—ฟ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ด๐—ฟ๐—ผ๐˜‚๐—ฝ๐˜€
    From ๐—ฏ๐—ฎ๐—ป๐—ธ๐—ฟ๐˜‚๐—ฝ๐˜๐—ฐ๐˜† ๐˜๐—ผ ๐—ฟ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ, PPP/C delivers ๐—ฑ๐—ถ๐˜€๐—ฐ๐—ถ๐—ฝ๐—น๐—ถ๐—ป๐—ฒ, ๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต, ๐—ฎ๐—ป๐—ฑ ๐—ฝ๐—ฟ๐—ผ๐˜€๐—ฝ๐—ฒ๐—ฟ๐—ถ๐˜๐˜† for all Guyanese. ๐Ÿ‡ฌ๐Ÿ‡พโœจ
    Featured Bottom Left
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Joel Bhagwandin
    Joel Bhagwandin

    Related Posts

    The Pre-Requisite Paradigm Shift: Guyanaโ€™s Economic Agenda, 2026โ€“2030

    GHK Lall: a model of Reprobation?

    Guyana enters its golden years of development

    The Pre-Requisite Paradigm Shift

    The Paris climate change treaty celebrated its 10th anniversary this past week

    Government Weighs Major Rail Transit Project as Part of Five-Year Transport Vision

    Leave A Reply Cancel Reply

    Top Posts

    The Hollow Ambitions of Nigel Hughes: A Political Opportunist and Exhibitionist with Empty Promises.

    July 11, 2024980K Views

    What do you make of it? by Leonard Craig

    November 18, 2024744K Views

    President Irfaan Ali Emphasises Discipline and Accountability Over Project Delays

    November 13, 2024566K Views
    Don't Miss

    The Pre-Requisite Paradigm Shift: Guyanaโ€™s Economic Agenda, 2026โ€“2030

    Guyanaโ€™s 2026โ€“2030 national agenda presents a historic opportunity for economic and social transformation. Yet the…

    GHK Lall: a model of Reprobation?

    December 22, 2025

    Guyana enters its golden years of development

    December 21, 2025

    PM Phillips commissions Bell 407 and Bell 429 helicopters to strengthen GDF capabilities

    December 21, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    72

    Over 50 poisoned at wedding in Iraq

    8.9

    EAM Jaishankar Meets Guyanese PM Mark Phillips, Discuss Energy, Disaster Resilience And Defence Cooperation

    Most Popular

    The Hollow Ambitions of Nigel Hughes: A Political Opportunist and Exhibitionist with Empty Promises.

    July 11, 2024980K Views

    What do you make of it? by Leonard Craig

    November 18, 2024744K Views

    President Irfaan Ali Emphasises Discipline and Accountability Over Project Delays

    November 13, 2024566K Views
    Our Picks

    The Pre-Requisite Paradigm Shift: Guyanaโ€™s Economic Agenda, 2026โ€“2030

    December 23, 2025

    GHK Lall: a model of Reprobation?

    December 22, 2025

    Guyana enters its golden years of development

    December 21, 2025
    Popular Categories
    • Global News
    • Election Rigging
    • Sports
    • Special News
    • Guyana and Private Tenders
    Do you want to associate with us
    • Business Opportunities
    • Advertise with us
    • Contact Us
    • www.democracyguyana.com Guyana โ€“ London โ€“ India

      For more information, contact us.
    DemocracyGuyana.com
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    • About DG
    • Become a Member
    • Join as Volunteers
    • Forum
    • Advertise with us
    DG BRANCHES: GUYANA, USA, CANADA, UK, CARIBBEAN, AND INDIA
    © 2025 DemocracyGuyana.com.

    Type above and press Enter to search. Press Esc to cancel.