Finance Minister shuts down PSC’s request for evidence on drug fueled economy under PPP

At a press briefing today, Mr. Jordan said there were two studies presented by Economics Professor Clive Thomas which pointed to the impact of drug money on the Guyanese economy pre-2015. 

Finance Minister shuts down PSC’s request for evidence on drug fueled economy under PPP

A defiant Minister of Finance Winston Jordan, today brushed aside a request from the Private Sector Commission for him to provide the Commission with evidence that would show that the Guyanese economy was partly fueled by drugs money under the last government.

At a press briefing today, Mr. Jordan said there were two studies presented by Economics Professor Clive Thomas which pointed to the impact of drug money on the Guyanese economy pre-2015.

The Finance Minister said Guyana’s economy today is “proof positive” that the economy was being run by drugs.

“I will tell you this much, where the economy is today is proof positive that the economy was being run by drugs, by significant input from drugs”, Jordan said.

The Minister said when he made his statement in a letter to the Stabroek News recently, he did not refer to any private sector body, “now if as Bob says who the cap fit, then that’s fine”.

He said his statement was specific to some in the private sector who benefited from nefarious activities.

“I was amazed to be quite honest when I got a letter from that gentleman asking me to provide proof to the private sector. I was amazed”.

Minister Jordan said he is busy with the budget and other activities of his Ministry and therefore does not have the time to waste on the request from the PSC.

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