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HomeNewsLOWE SAYS GOV'T FAILURE TO TACKLE HIGH LIVING COSTS FOLLOWING THE IDB'S...

LOWE SAYS GOV’T FAILURE TO TACKLE HIGH LIVING COSTS FOLLOWING THE IDB’S RECENT REPORT ON THE COUNTRY’S TRIPLE INFLATION RATE

 Following the Inter-American Development Bank’s recent report, which shows Guyana’s inflation rate tripling in the last two years, Opposition Youth Policy & Economic Advisor Elson Lowe opined that the additional $60 billion Guyana earned in oil profits and royalties for the year 2022 should have been allocated towards the mitigation of the high living costs locally.

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