THIS year marked two significant milestones for Guyana – the 50th anniversary of the establishment of the University of Guyana and also the 50th anniversary of the establishment of the Bank of Guyana.

Both of these institutions have impacted positively in the country’s development, especially following the attainment of political independence in 1966, when the country was forced to rely on its own resources, both financial and human, to advance its development agenda.
Significantly, both institutions were established by the PPP Government in the early 1960s despite dire resource limitations. Today, both the university and the Bank of Guyana are what is referred to as “flagship” institutions that continue to blaze the trail in the quest for a modern and prosperous Guyana.
It is this vision and perspicacity that defined the PPP from the other political parties in Guyana. The PPP managed to solve some of the most fundamental issues confronting the country at that time without incurring or waiting for large handouts of money.
Today, similar negative sentiments are being expressed by the Opposition parties with regard to the construction of the Amaila Falls hydro-electric project and the modernisation and expansion of the Cheddi  Jagan International Airport. Time, however is the best judge.