Refusal to have elections in 3 months will send bad signal to investors – Ramson Jr.
...the Courts should not be used as a tool for delay
Guyana desperately needs foreign investment especially in new oil and gas sector and investors both local and foreign need stability as a precondition for investment otherwise Guyana’s risk profile increases and that in turn increases the baseline entry percentage as a return on investment.
This case, once filed, will test the responsibility, independence and wisdom of the office holders of the judiciary. The actions of Venezuela on the 22nd December 2018, evinces more than ever the necessity for long-term wisdom of office holders to perform functions in the best interest of Guyana and not political expediency.
Since the issue is simple and the arguments will be the same all the way to the court of final adjudication the matter could be expedited all the way to the CCJ and that should be the agreed position when the Leader of the Opposition and the President meet shortly.
Abercal Guyana Energy Advisory
Republic of Guyana