Would it be wise to use the US$900M to construct Amaila Falls hydropower?
Dear Editor,It was hard to miss from the bold headlines splashed across several newspapers on April 6, 2018, that our Government has, from all appearances, borrowed US$900 million from the Islamic Development Bank. This, as far as I can recollect, is the largest loan ever contracted by any Government in our country’s history. What’s even worst is that the Administration hadn’t any moral decency to inform the Guyanese people, who are responsible for repaying the borrowed sum with interest, that it was contracting such a large loan. It is the latest in the borrowing spree that the Government has been engaged in and one cannot help but wonder if we have now eclipsed our foreign debt ceiling. Even more obnoxious, for me, is the scant, almost absent, details provided in what the monies secured will be spent on. Wouldn’t it have been wise to use the sum borrowed to construct the Amaila Falls hydropower plant which, from its income, could have re-paid the loan? Nevertheless, every Guyanese man, woman and child has another burden to fetch on their already overburdened backs. Welcome to the ‘Good Life’!Yours sincerely,Patricia Persaud
DONEGAL Daily Weather Report, in association with The Mount Errigal Hotel, Letterkenny, Tel 07491 22700. It’s Josper Monday – order a Josper Grill inspired main course and get a delicious homemade dessert FREE – today at Dexter’s at Mount Errigal Hotel. Monday’s Donegal Weather: After another superb weekend, there will be a great deal more cloud across the county today. It was start dull in most places, the odd shower, especially in the north of the county.Temperatures by the afternoon will reach around 15C, so it is staying mild. And we might get some sunny spells between very light afternoon showers.It will become cold on Monday night as temperatures drop to around 6C in coastal areas and as low as 3C inland.Sources: Met eireann, BBCNI, Sky. DON’T FORGET: It’s Josper Monday – order a Josper Grill inspired main course and get a delicious homemade dessert FREE – today at Dexter’s at the Mount Errigal Hotel. Great food and great service – in all weathers! Tomorrow Monday will be dry in most areas for much of the day with sunny intervals. However well scattered showers will affect mainly inland areas during the afternoon and evening. Highest temperatures of 14 to 17 degrees with light variable breezes.CLOUDIER, SHOWERS: THE DD MONDAY WEATHER REPORT WITH THE MOUNT ERRIGAL HOTEL was last modified: April 27th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:clouddonegal daily weatherletterkennyMount Errigal Hotelshowerssunshine