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No job-creation target yet- Finance Minister

Finance Minister, Winston Jordan (right) and Chief Statistician at the Statistical Bureau, Lennox Benjamin.

Finance Minister, Winston Jordan (right) and Chief Statistician at the Statistical Bureau, Lennox Benjamin.

Finance Minister, Winston Jordan on Monday said he was yet to get a plan off the ground that would result in job-creation, but cited political stability and value-added production as major ingredients.

“I am going to pin down a numerical target as soon as I could get my national plan going,” he told a news conference at the Finance Ministry on Main Street, Georgetown.

Jordan said all “good-paying” jobs could be self-generated by small and medium businesses.

The Private Sector Commission recently called on government to help facilitate the creation of at least 25,000 jobs. Head of the Statistical Bureau, Lennox Benjamin estimates that Guyana’s overall unemployment rate is about 11 percent.

The governing A Partnership for National Unity+ Alliance For Change (APNU+AFC) coalition had promised to create jobs in the run-up to last year’s general election.

Overall, he said there was need for a conducive political climate that would convince manufacturers that Guyana was ripe for investment. “Those kinds of investments down the road will have to see a significant improvement in the political climate of Guyana,” he said.

The Finance Minister said another approach to create jobs would be to get into value-added production rather than merely the production of primary products such as rice, sugar, timber and gold.  “Unless we do value-added, we will always be subjected to the vagaries of the market, the commodity prices and where they are today,” he said.

He said that currently government was trying to reduce transportation cost between the coastland and the wealthy hinterland rather than continue with the ad hoc, dysfunctional and highly inefficient system of trails instead of proper roads and boats.

  • Emile_Mervin

    One year in power and no job creation plan…yet! Hmm! Let me see…so you guys took a raise right after you took the job, reneged on a 20% pay hike for public servants, reneged on a promise to go after the PPP thieves, refused to hAve a Youth Ministry despite unemployed youths are the biggest contributors to street crime ..ah fuggeddaboutit…the list keeps growing with time.

  • Col123

    One year of sodomitic play , with multi million dollars in audit of the PPP and Mr Jagdeo,is progress fo Guyanese…yet, not anyone in jail. Perfunctory implementation of previously criticized PPP projects is all this Jagdeo boy of the Finance Ministry can offer…Oh lawd me gaad!…one year of progress Guyana style…

    • MEMES Unlimited

      You are so succinct!!!!

  • Surujpaul Rampersaud

    Can’t believe this. Any opposition party offering an alternative to the government must be prepared to manage day one. The plans are clearly stated in the manifesto and this becomes the issues for the campaign. i am surprised to hear this from the finance minister.Guyanese must decide whether they were duped with false promises.

  • Ricardo.Diaz70@hotmail.com

    Finance Minister, Winston Jordan on Monday said he was yet to get a plan off the ground that would result in job-creation WHEN PNC ,APNU & AFC STOP FIRING QUALIFIED PEOPLE FROM THERE JOBS,THEY WILL START CREATING JOB FOR THE NUMB SKULL.WHAT HAPPEN TO WHEN WE GET INTO GOVERNMENT WE WILL HIT THE GROUND RUNING ? THIS IS MORE LIKE HIT THE GROUND SHI#### OUR PANTS.