{"id":4552,"date":"2013-04-19T14:00:30","date_gmt":"2013-04-19T19:00:30","guid":{"rendered":"http:\/\/afcguyana.com\/afcnew\/?p=4552"},"modified":"2013-09-19T18:38:29","modified_gmt":"2013-09-19T23:38:29","slug":"afc-handbill-2","status":"publish","type":"post","link":"http:\/\/afcguyana.com\/afcnew\/?p=4552","title":{"rendered":"AFC Handbill 2"},"content":{"rendered":"<p align=\"center\"><b>AFC SAYS<\/b><b>: <\/b><\/p>\n<p align=\"center\"><b>FREEZE<\/b><b> NATIONAL DEBT<\/b><\/p>\n<ul>\n<li>Guyana\u2019s G$ \u201cnominal\u201d public debt is close to $400 Billion. It spends MORE than it gets in revenues. It cannot balance national budget. PPP borrows from foreigners and Guyanese alike. External and domestic debt makes up <b>public debt<\/b>.<\/li>\n<li>Corru<b>ppp<\/b>t government has been on spending spree. During 2000-2013, budgetary allocations about\u00a0 G$1,500,000,000,000.00 (one and a half trillion dollars). PPP spending people\u2019s money like <i>bussie<\/i> (padi husks). In 1992, public debt was about G$263 Billion, most of which was written off. PPP pawning Guyana\u2019s future.\u00a0 Guyana now in vicious debt circle, like a dog chasing own tail.<\/li>\n<li>PPP Government has no plan, no vision. It borrows billions for flight-by-night projects. For 20 years, PPP mostly fixing roads, stellings, bridges, airport. PPP is \u201c<i>we bruk am; we fix am<\/i>\u201d government. No industry, no jobs!<\/li>\n<li>Today, every citizen carries a debt burden of over G<b>$500,000<\/b>! Benefits are taken away from our children and pensioners, and workers pay taxes to feed debt sharks. 2013 debt interest &amp; payment is $10 billion. We feed super-salaried \u201cfat cats\u201d, million $$ pensions, and pay for kick-backs! Guyana now is No 1 corrupppt country in Caribbean. PPP refuses to enforce procurement and integrity laws to stop it.<b><\/b><\/li>\n<\/ul>\n<p>EVERY DOLLAR BORROWED WILL HAVE TO BE REPAID BY GUYANA\u2019S CHILDREN.<\/p>\n<ul>\n<li>Every child born in Guyana in 2013 will fetch over G$500,000.00 debt!<\/li>\n<li>Under PPP we have more debt; less jobs. Economists call this \u201cJobless Growth\u201d. \u00a0Debt feeds corruption. Debt could rule and ruin our lives. Look at Cyprus &amp; Greece. More $$ for debt servicing means less for wages, pensions, education, health, water, housing, etc.. We could head towards a Dictatorship of Debt.<\/li>\n<\/ul>\n<p>AFC CALLS for cuts in wasteful public spending to reduce fiscal deficit. Axe the DEBT.<\/p>\n<p><b>ALLIANCE FOR CHANGE (AFC)<\/b><\/p>\n<p>join the struggle: www.afcguyana.com<\/p>\n<p>call: 225-3767(AFC Region 4 office)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AFC SAYS: FREEZE NATIONAL DEBT Guyana\u2019s G$ \u201cnominal\u201d public debt is close to $400 Billion. It spends MORE than it gets in revenues. It cannot balance national budget. PPP borrows from foreigners and Guyanese alike. External and domestic debt makes up public debt. Corrupppt government has been on spending spree. During 2000-2013, budgetary allocations about\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7134,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","ngg_post_thumbnail":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,4],"tags":[],"class_list":["post-4552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plans","category-activities"],"jetpack_featured_media_url":"http:\/\/afcguyana.com\/afcnew\/wp-content\/uploads\/2021\/05\/image001-2.jpg","jetpack_shortlink":"https:\/\/wp.me\/p4F7T1-1bq","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=\/wp\/v2\/posts\/4552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4552"}],"version-history":[{"count":3,"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=\/wp\/v2\/posts\/4552\/revisions"}],"predecessor-version":[{"id":4793,"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=\/wp\/v2\/posts\/4552\/revisions\/4793"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=\/wp\/v2\/media\/7134"}],"wp:attachment":[{"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4552"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/afcguyana.com\/afcnew\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}