THE recent ongoing brouhaha about the loaning of monies from a semi-autonomous agency, namely the Guyana Geology and Mines Commission to the Central Housing and Planning Authority and other Government Ministries and agencies is a non-issue.From an accounting perspective I don’t see any misdemeanor since the funds will have to be accounted for like any other Government funds. The funds will not only help ordinary citizens who will ultimately benefit from the work of the CH&PA, but will also benefit the GGMC. As I understand from newspaper reports, this transaction was approved by Cabinet and it is a loan to the CH&PA with an interest of 5% per annum and will increase to 7% if the CH&PA fails to repay at the end of 2015.

This is what responsible governance is all about; utilising the resources that you have to benefit the people of the country, rather than kicking up a storm that there are no funds due to the situation in Parliament and put on hold all new housing and water projects.

With this said, it’s not surprising that the Opposition Parties, APNU and AFC are attempting to bash the Government for making preparations to counter the combined Opposition actions in the recent Parliament.

Further, the recent information shared by the GGMC provided an insight into existing loan agreements with the Ministry of Public Works, Office of the Prime Minister, Environmental Protection Agency and others, just to name a few, all of which were geared towards improving the lives of ordinary citizens.

I would therefore urge the Opposition political parties and political commentators to be objective in their comments rather than continuously make silly statements in the media to sensationalise issues to gain attention and political mileage.

SAMUEL SINGH