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Posted 7 years ago #
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Minister of Natural Resources, Raphael Trotman had vowed to, by the end of 2016, take to the NationalMinister of Natural Resources,Agustin Marchesin Jersey, Raphael TrotmanAssembly,Air Max 270 Baratas, a proposed framework for the much needed Sovereign Wealth Fund (SWF) for discussion and debate. However, days before year end,Harold Landry Jersey, there is yet to be even a signal that this document will make it to the National Assembly anytime soon.A Sovereign Wealth Fund is a government-owned investment fund. It has been set up by many countries with oil wealth, and there are several models to choose from.On several occasions, Trotman assured the press that his Ministry was well on stream in preparation of the document and Guyana was gearing to get the best version of the fund suited for the country’s unique needs. However, in his budget speech,NCAA Hockey Jerseys, he hinted otherwise. For the first time,Cristian Pavon Jersey, on that occasion, the Minister said that the framework will be delivered in 2017, but did not give a reason as to the delay. Efforts to contact the Minister yesterday to get word of a new timeframe and the reasons for the delay proved futile.In his recent address to the National Assembly, Trotman said that it is important that the extractive industries that fuel Guyana’s growth “today also provide for our children tomorrow.”He said that in an effort to ensure that the benefits accrued from the natural resources sector reach every Guyanese for generations to come, “the Government of Guyana will develop a framework for a Sovereign Wealth Fund in 2017.”He told the House that the Sovereign Wealth Fund will enable the government to “protect the economy from the volatile nature of natural resource revenues, help grow and modernize the sustainable non-extractive sectors of the economy, and further enhance the capacity of our people”.Trotman outlined the considerations for the three sub-funds within the Sovereign Wealth Fund; Stabilization Fund, Infrastructure and Social Development Fund and Citizens Participation Fund.He said that the government has already begun seeking advice and guidance on developing such a Fund from the School of Public Policy – University of Calgary and the Commonwealth Secretariat, both of which are equipped with strong expertise on extractive resource governance. Trotman told the House that the creation of a long overdue sovereign wealth fund will demonstrate to Guyanese and the world at large,Luke Kennard Jersey, that hydrocarbon development, and by extension all other extractive industries, can be catalysts for a green economy.Earlier this year, Trotman and Minister of Finance Winston Jordan went to Uganda to get a firsthand understanding of the mechanisms that country has employed for the health of its oil and gas sector.Trotman said that his Ministry is working along with the Ministry of Finance on the establishment of the fund and “we are proceeding apace.”He said that the collaboration is necessary,Cheap Buffalo Bills Jerseys, as the Ministry of Natural Resources is tasked with developing policies to govern the incoming oil and gas sector, but the responsibility of actually setting up the fund is with the Ministry of Finance.Trotman described his trip as a “study mission” as he explained, “we are to observe Uganda’s development of their oil and gas sector.”The Minister said, “We are not saying no to anything, it is just a matter of streamlining. So by the end of this year we will be able to bring to Parliament the proposed framework for discussion and debate.”
Posted 7 years ago # -
"It looked pretty bad, and Cheap Manchester City Soccer Jerseys I'm pretty sure he's going to be out for a while," Wallace said, adding that he hadn't heard anything official on Keller's status.<br>Houston first-round pick receiver Maillot Psg Boutique DeAndre Hopkins also was injured; leaving in the second quarter with Bayern M��nchen Trikot 2019 a concussion. Hopkins, the 27th overall pick this year out of Clemson, Maillot Psg Pas Cher 2018 had two receptions for Air Max 90 EZ Australia 22 yards before getting hurt.
Posted 7 years ago # -
…govt. mulls providing transportation for studentsGovernment has refuted reports that the country is faced with a major child labour problem.Rather, according to Minister of Labour, Manzoor Nadir, there is worry and more concern over the problem of school dropouts.This year,Benson Mayowa Jersey, authorities are hoping to drastically reduce this by fifty percent,Maglia Inter Nuova, the Minister said.It is estimated that almost 30 per cent of students do not complete school, the official said yesterday at a press conference in his office.The conference was to clear up recent reports that suggested that the Ministry was concerned about a serious child labour situation. At the press briefing with the Minister were other labour officials.The problem is that many mistakenly conclude that child labour and truancy as being the same thing.The Minister said that Guyana does not have a “problem with the worst form of child labour.”Quoting a recent GINA report, Nadir said that it was clear that the reporter did not do the necessary background checks and as such made some inaccurate statements.Government is serious about the protection of children and recently, legislation was passed to further promote this protection.In 1994, it upped the working age from 14 years and six months to 15 years. Anyone found hiring persons under that age would be breaching the laws.Reports on the child labour issue found that there was actually a low level of child labour in Guyana.Stressing that child work and child labour are two different things, Nadir argued that figures and reports of the Ministry show clearly that it is not a big problem.According to the International Labour Organization Convention,Cheap MLB Gear, child labour is described as slavery, procurement of minors for prostitution and pornography and couriers of drugs.In Guyana, while there are instances of children working for family-related businesses, the reality is that it is highly illegal to take children out of school and put them to work.Nadir said that he is contemplating legislation that will allow teenagers to earn extra money, under certain conditions.These would include no work during school hours and harsh, manual labour would not be allowed.Shortly, the Child Protection Agency of the government will be moving out to its own offices with full staffers and resources to tackle some of the problems.Very shortly also, the Ministry says that a Rapid Assessment Program will be conducted to determine, among other things, the child labour situation in Guyana.Regarding the number of serious complaints that are engaging the Ministry’s attention, Nadir said that there are three.In Demerara,Killian Tillie Jersey, a 15-year-old teenager was working when three of his fingers were severed in an industrial accident. The matter is in court.In Essequibo, two grandchildren were said to be working on a family truck when they were supposed to be in school.However, visits by the authorities found the children in school.In Berbice, there are reports of children working in restaurants and sawmills, but recent surprise inspections found no breaches. There were even inspections by Ministry officials in a number of Berbice stores in the Rose Hall area.The Minister admitted that inspections in the interior locations are a little more difficult since some families are always on the move.In the Mahdia area,Sam Bradford Jersey, there is high abseentism by students and the Ministry will be working along with agencies like the Guyana Geology and Mines Commission, the Guyana Forestry Commission and NIS to tackle the situation.This year,Wholesale Soccer Jerseys, workplace inspections are projected to 4,Baker Mayfield Jersey,500, as compared to last year’s 4,000.To address the truancy issues, government has taken a number of measures. This includes providing uniform, meals and there is now the possibility of transportation being provided.
Posted 7 years ago # -
…and anti money laundering training The newly accredited United States Ambassador to Guyana,Air Max 90 Outlet Italia, Perry Holloway, has signaled his government’s willingness to provide continued assistance to Guyana in relation to Prisons management, with specific focus on the rehabilitation and reintegration of young offenders.This was conveyed during a courtesy call to Vice President and Minister of Public Security,Alcides Escobar Venezuela Jersey, Khemraj Ramjattan at his Brickdam Office on Monday.Ambassador Holloway who was accompanied by the United States Charge d’ Affaires, Bryan Hunt,http://www.authenticjerseysnfl.us.com/Authentic-Nike-Detroit-Lions-Football-Jerseys/, assured the Vice President of the United States of America’s continued assistance to Guyana’s security sector.The two officials discussed continued training opportunities for Guyana’s law enforcement officers.According to a statement from the Ministry of Public Security,Maglia Aleksandar Kolarov, upon the request of Vice President Ramjattan,Wholesale Hockey Jerseys Online, training will be provided in the areas of anti-money laundering,http://www.authenticjerseysnfl.us.com/Authentic-Nike-Denver-Broncos-Football-Jerseys/, asset recovery and prevention of bribery and corruption.The US Ambassador also indicated his government’s willingness to assist with public awareness initiatives in Guyana regarding,Cristian Pavon Jersey, the diverse methods used by sophisticated white collar criminals.
Posted 7 years ago # -
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