APNU’s Aubrey Norton Criticizes PPP/C’s Handling of Non-Oil Economy, Promises Stronger Private Sector Role
By Antonio Dey | HGP Nightly News
A Partnership for National Unity (APNU) presidential candidate, Aubrey Norton, has criticized the PPP/C government’s management of the non-oil economy, arguing that excessive state spending has weakened the private sector’s role as the engine of growth.
Norton highlighted that government spending rose from 39% of non-oil GDP in 2021 to 83% in 2024, a figure he said raises serious concerns about the independence and resilience of the private sector. He also pointed to the ongoing foreign exchange shortage that has left many businesses struggling, noting that foreign currency from non-oil exports grew by only 25% between 2020 and 2024.
“The oil economy has become the main source of foreign exchange needed to balance supply and demand,” Norton stated, stressing that under an APNU administration, there would be a greater balance between public and private sector contributions. He underscored the importance of opening foreign markets to support Guyana’s non-oil exports as part of a broader diversification strategy.
Turning to governance, Norton emphasized the need for a strong, professional, and motivated public service. He pledged new incentives to retain experienced staff, including long-term financing for homes and vehicles, alongside a 35% salary increase for public servants.
“We want the public service to function like a well-oiled machine for those who depend on its services,” Norton said, promising to incentivize government workers to deliver improved services properly.
