{"id":16148,"date":"2024-01-31T18:44:11","date_gmt":"2024-01-31T18:44:11","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=16148"},"modified":"2024-01-31T18:44:12","modified_gmt":"2024-01-31T18:44:12","slug":"dr-bharrat-jagdeo-addresses-criticism-on-budget-and-minimum-threshold-concept","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/dr-bharrat-jagdeo-addresses-criticism-on-budget-and-minimum-threshold-concept\/","title":{"rendered":"Dr. Bharrat Jagdeo Addresses Criticism on Budget and &#8216;Minimum Threshold&#8217; Concept"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>Dr. Bharrat Jagdeo, the General Secretary of the People&#8217;s Progressive Party\/Civic (PPP\/C), responded to a recent opinion piece critical of the budget, describing it as &#8220;misguided.&#8221; <\/p>\n\n\n\n<p>The article, published in Kaieteur News on January 25, questioned the government&#8217;s approach to a &#8220;minimum threshold&#8221; for a decent life in Guyana, particularly in the context of the country being the world&#8217;s fastest-growing economy.<\/p>\n\n\n\n<p>The editorial raised concerns about the budget&#8217;s perceived oversight of the immediate struggles faced by many Guyanese, especially those earning minimum wages or living in poverty. <\/p>\n\n\n\n<p>However, Dr. Jagdeo dismissed the criticism, asserting that the author misunderstood the concept referenced by the Finance Minister, Dr. Ashni Singh.<\/p>\n\n\n\n<p>Dr. Jagdeo clarified that the &#8216;minimum threshold&#8217; doesn&#8217;t involve cash transfers to the people through wage and salary increases. <\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/01\/Samuel-Jagdeo-Threshold.mp3\"><\/audio><\/figure>\n\n\n\n<p>Instead, he explained that it is a concept aimed at creating an environment beyond the minimum where every Guyanese can become wealthy through their own efforts.<\/p>\n\n\n\n<p>In emphasizing the government&#8217;s commitment, Dr. Jagdeo stated that their efforts, policies, programs, and initiatives have been and will continue to be people-centered. <\/p>\n\n\n\n<p>The PPP\/C government presented its fifth national budget, a $1.146 trillion fiscal plan for 2024, making it the largest budget to date.<\/p>\n\n\n\n<p>The response from Dr. Jagdeo highlights the ongoing dialogue and discussions surrounding economic policies and priorities in Guyana, reflecting the complexities of balancing development goals with immediate socioeconomic challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dr. Bharrat Jagdeo, the General Secretary of the People&#8217;s Progressive Party\/Civic (PPP\/C), responded to a recent opinion piece critical of the budget, describing it as &#8220;misguided.&#8221; The article, published in&hellip;<\/p>\n","protected":false},"author":4,"featured_media":16066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,350,351],"tags":[],"class_list":["post-16148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-news","category-politics"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=16148"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16148\/revisions"}],"predecessor-version":[{"id":16150,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16148\/revisions\/16150"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/16066"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=16148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=16148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=16148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}