Dr. Jagdeo declares that there is growth in every area, including Region 10

The Government has ventured on a transformational plan that will spur economic growth in
every sector and the overall economy.
This disclosure was made by Vice President, Dr. Bharrat Jagdeo, on Sunday as he addressed
residents of Region 10. Dr. Jagdeo in reflecting on this government’s track record, said that
Guyana’s macrofundamentals are stronger than many of the other developed countries in the
world.

He pointed out that the Amaila Falls Hydropower Project, which will significantly reduce
electricity cost, and investments in the education, health and infrastructure sectors,  utilising
funds from oil and gas will take Guyana further down a growth path, the Vice President
highlighted. “These are all things that we have worked out within the last 15 to 18 months,
raising money, putting together the projects, completing the feasibility study. We’ve done the
feasibility study for the East Coast Road Widening too,” Dr. Jagdeo said.
The Vice President pointed out the investments that are being made in the livestock industry, as
well as in corn and soyabean production. “These are all things that would be connected to
Linden. The economic activities, the spin off benefits, the supplies that you will meet will have a
direct impact on Region 10 and people in Region 10,” the VP explained.
The former president stressed the importance of capital investments and prudent management of
oil funds to secure long-term stability.