Nagamootoo warns against ‘prophets of doom’
Prime Minister Moses Nagamootoo
Prime Minister Moses Nagamootoo

PRIME Minister Moses Nagamootoo has condemned the Opposition for its grim outlook on the $230B budget, saying that that party has “waxed to true form and assumed the role of prophets of gloom and doom.”In a quick reaction shortly after PPP Region Six MP Adrian Anamayah had completed his budget presentation, Nagamootoo told the Parliamentarian — who described the $230B budget as “the final nail in the coffin of the Guyanese people”, and had likened the Minister of Finance to an undertaker: “If this was not said in seriousness in the National Assembly, you would be right to see it as a sick joke. But this is the negative, cuss-down politics to which the PPP has fallen since losing power last year.”

Nagamootoo had also slammed the PPP on Monday for what he described as deceptive politics, even as that party sought to blame the Government for the slowing down of the economy. Nagamootoo, in an invited comment to members of the media, made outside of the Parliament chambers, said that the downward spiral of Guyana’s economy started under the PPP Government which was voted out of office last year May.

Nagamootoo’s remarks were directed at claims by PPP/C front bencher Irfaan Ali, who made the accusation during the opening day of the 2016 budget debate. “When you listen to Ali opening the debate, saying that the economy is in a slide and is weakening, he is quoting figures that have been invented by him. He is saying that Foreign Direct Investment (FDI) has fallen from US$363M in 2011 to US$125M in 2015. That is blatantly untruthful. Because when I checked in 2011, the FDI was US$165M. So where did he get US$363 from?”
Nagamootoo, who is also Leader of the Government’s business in Parliament, queried.

He reminded that the APNU+AFC Government took office in the middle of 2015, and could not be held accountable for a slide that started in 2011. He said the administration will continue to work towards “creating jobs for the people of this country.”

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