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– denounces exploitation and monopolistic practices of the pastThe People’s Progressive Party Civic (PPP/C) recently came out in praise of the private sector as an engine of economic growth. The party said it always advocated for a stronger private sector, with fairness and responsibility, while denouncing exploitation and monopolistic practices.The party also said that “under the PNC [People’s National Congress] the private sector was once decimated, thePPP General Secretary Clement RoheePNC who today claim to be supportive of the private sector workers once controlled 80 per cent of the economy when they were in office and there were businesses which were constantly warned, especially those that survived not to oppose the PNC nor to speak frankly about the issues affecting them.”Those assertions were made by General Secretary of the PPP Clement Rohee during a press conference held recently at Freedom House.According to Rohee,NFL Jerseys Outlet, Guyana’s development and continued, strong economic growth would not have been possible if the state still had a stranglehold on the economy.“It is the billions of US dollars on private investment flowing under the PPP/C government that has made the difference,” Rohee opined.He posited that Guyana’s banking,NFL Jerseys Cheap, financial and insurance sector are in the hands of private capital “where decisions on lending are made based on sound investment proposals and the objective evaluation of borrower’s ability to service their loans, our building and construction boom is the beneficiary of this.”Rohee said that one of the biggest private sector contributions to economic development is investment. He added that because of that investment,Wholesale NFL Jerseys, thousands of workers and their families have been “living in home constructions,Wholesale NFL Jerseys, building a competitive housing market and contributing to property holding democracy.” He made reference to the domestic aviation sector as an entity that provides thousands of flights throughout the country and is wholly owned by the private sector.The General Secretary also pointed out that rice, cash crops, poultry farmers and fishermen among others are the significant private stakeholders in our country’s development.He expressed that the Public-Private Partnership is a very important tool for development and is something that is “touted” all around the world. Rohee said that the PPP/C government has always called for such partnerships and he made reference to the 10-year-old Ogle International Airport project, the Berbice River Bridge project, the housing sector and rice development with the private sector and Venezuelan market as testimony to what he feels can be accomplished by Public Private Partnerships.The PPP said that it “fully endorses the transformational three-piece projects like the Marriott hotel and the Amaila Falls project.”According to Rohee, some of the polices and legislative changes that have contributed to private sector confidence and workers’ motivation include: “divestment of the majority of public interest in economic enterprises, floating exchange rates and the liberalization of the foreign exchange regime, passage of the investment act, the small business act, the competition act and the reform deeds registry amendment act, along with the consumers affairs act, the trade union recognition act and the termination of employment and severance pay act” respectively.Rohee said that “constant work continues to cut the red tape of the bureaucracy to make doing business in Guyana easier through GO-Invest [Guyana Office for Investment],Cheap Jerseys From China, the GRA [Guyana Revenue Authority], the GGMC [Guyana Geology and Mines Commission],Cheap Jerseys From China, the EPA [Environmental Protection Agency] and other approval granting agencies.”