{"id":25746,"date":"2025-01-21T19:19:58","date_gmt":"2025-01-21T19:19:58","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=25746"},"modified":"2025-01-21T19:19:59","modified_gmt":"2025-01-21T19:19:59","slug":"jagdeo-dismisses-afcs-dutch-disease-claims-on-mining-sector","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/jagdeo-dismisses-afcs-dutch-disease-claims-on-mining-sector\/","title":{"rendered":"Jagdeo Dismisses AFC&#8217;s &#8216;Dutch Disease&#8217; Claims on Mining Sector"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><em>By Celestine Chacon<\/em><br><em>December 13, 2024<\/em><\/p>\n\n\n\n<p>Vice President and General Secretary of the People&#8217;s Progressive Party (PPP), Dr. Bharrat Jagdeo, has dismissed allegations from the Alliance for Change (AFC) that Guyana&#8217;s mining sector is suffering from &#8220;Dutch Disease.&#8221;<\/p>\n\n\n\n<p>The AFC&#8217;s press release accused the government of reducing environmental safeguards and claimed the sector is in decline. <\/p>\n\n\n\n<p>Dr. Jagdeo labeled these assertions as &#8220;nonsensical,&#8221; asserting that the AFC is merely attempting to appear concerned about miners despite their own poor track record during their time in office.<\/p>\n\n\n\n<p>He criticized the AFC-led APNU\/AFC coalition for introducing policies that he says harmed the industry, including increases in attributors\u2019 tax, higher royalty rates, and the imposition of VAT on mining machinery and equipment. <\/p>\n\n\n\n<p>These measures, he stated, caused significant job losses and a decline in the sector.<\/p>\n\n\n\n<p>Dr. Jagdeo emphasized that upon returning to office, the PPP\/C reversed these policies to create a more supportive environment for miners. <\/p>\n\n\n\n<p>He reiterated the government\u2019s commitment to fostering growth in the mining sector and dismissed the AFC\u2019s claims as baseless.<\/p>\n\n\n\n<p>This latest exchange highlights the ongoing political debate over Guyana&#8217;s economic policies and their impact on key industries like mining.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Celestine ChaconDecember 13, 2024 Vice President and General Secretary of the People&#8217;s Progressive Party (PPP), Dr. Bharrat Jagdeo, has dismissed allegations from the Alliance for Change (AFC) that Guyana&#8217;s&hellip;<\/p>\n","protected":false},"author":4,"featured_media":25492,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[350,351],"tags":[],"class_list":["post-25746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/25746","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=25746"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/25746\/revisions"}],"predecessor-version":[{"id":25747,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/25746\/revisions\/25747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/25492"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=25746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=25746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=25746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}