Guyanese must go plastic – Ramjattan

first_img…says less liquid cash means less robberiesIn light of a number of armed robberies that involved victims who would have just exited commercial banks,Public Security Minister Khemraj Ramjattanthe need to carry less cash and more credit or debit cards is again coming to the fore.The Government Information Agency (GINA) quoted Public Security Minister Khemraj Ramjattan as the most recent public official to call for more persons to ‘go plastic’.Minister Ramjattan made the call as he was responding to questions about the role of citizens in the crime fight. The Minister, while speaking at the Golden Jubilee National Symposia Series on Monday at the Arthur Chung Convention Centre, said many robberies involving large sums of money would be reduced if business people and others made the switch to plastic.He noted that some business people “walk around with millions and millions of dollars,” according to GINA.Ramjattan explained that most of the big robberies that have occurred happened because some persons have “inside information of some car or bag got 10 million, five million or three million dollars.”As such, he reiterated previous calls for Guyanese to go plastic, but noted that a lot of people don’t want to do this because they seek to avoid tax payments.The result, he likened to a double whammy, “you’re avoiding taxes, plus you’re getting robbed.”The Public Security Minister stated his Government will continue to do its part in the fight against crime and touted tools such as surveillance cameras as important. However, he highlighted that the employment rate must be increased as another way “to get the crime rates down.”In July 2013, following a spate of armed robberies, then Police Commissioner Leroy Brumell urged members of the business community to be more security conscious, noting that it’s time to do less liquid cash transactions and utilise ‘plastic’ to transact business.He had explained that the maximum use of ‘plastic’ will definitely impact on robberies and the violence associated with armed robberies.In August 2014, then Finance Minister, Dr Ashni Singh had sought to discourage his fellow countrymen and women from carrying large and bulky amounts of cash.The Minister had said there is no compelling or legitimate reason for a citizen to be walking around with large volumes of cash to do financial transactions as he pointed to the many alternative options available, including going plastic.This is not the first time the Minister has sought to deter citizens from carrying large sums of cash.Among the policies the former Finance Minister’s Government had introduced was the launch of a $5000 bill which reduced the physical bulk of cash and the move for Government Ministries and agencies to pay their employees via bank orders; a practice which has been significantly replicated across the Private Sector.However, the practice of business persons and other Guyanese of moving around with large sums of cash continues unabated and many criminal elements are said to be lurking around commercial banks, particularly in the country’s commercial centres, on the look out for their next victim.last_img read more

YOUNG DONEGAL FARMERS PENALISED IN UNJUST FINANCE BILL – McCONALOGUE

first_imgDeputy Charlie McConalogue says a number of measures contained in the Finance Bill will have a detrimental impact on farmers in the county.Charlie McConalogue TDHe claims he Bill must be amended to reflect the changing face of Irish farming, or risk destroying viable businesses.Deputy McConalogue commented, “The clause in the Finance Bill on agricultural relief is not only unrealistic and unworkable, it will act as a major deterrent for the new generation of farmers. Many young farmers in Donegal have to seek work outside of their farms to make ends meet. Government inaction on the beef crisis, which has seen prices plummet over the past year, has added to the financial burden on many farm families, forcing them to take on other jobs where possible to ensure a future for themselves. “If this Bill is not amended, hundreds of part-time farmers in Donegal will be excluded from the reduced stamp duty rates. This could see many younger farmers losing out because they are hit with the high tax rates associated with taking on the farms from their parents or other relatives. The Finance Bill requires active farmers to spend more than 50% of their working time on their farms, however the changing farming landscape has made it a necessity for many farmers to also have an off-farm job to generate a sustainable income.”He added that the Bill should discriminate against farmers who have been forced to take outside work to make ends meet.“It is extremely important that the Finance Bill does not discriminate against genuine part-time farmers, who because of the Government’s failure to invest in agriculture and support farming communities, are forced to take on outside work to make a living.“Fianna Fáil will be tabling an amendment to the Bill, which will protect genuine part-time farmers from excessive stamp duty payments”.  YOUNG DONEGAL FARMERS PENALISED IN UNJUST FINANCE BILL – McCONALOGUE was last modified: November 6th, 2014 by StephenShare 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:Charlie McConaloguedonegalfarmersFinance Billlast_img read more