Middle East countries have high financial resources which they have accumulated during the rise of oil prices earlier. The President is wise enough to see new avenues of loans and investments since sources of finance such as America, Canada and Europe are less and these countries are facing financial meltdown.

Institutions such as the World Bank International Monetary Fund and the Inter-American Development Bank have been financing the Guyana government over the years but Guyana needs much more than that. It needs financial relations with other countries where relationships have been lost or non-existent despite numerous marketing opportunities and financing of homes have been confusing the government as going with a begging bowl, begging for money to run the country.

But these countries should know that though Guyana has many resources, it needs investments to develop these resources. The previous administration did not develop the resources after spending 28 years in power.
BALDEO PERSAUD