'Mid-Year Report fails accountability test' - Ram

(Kaieteur News) – Chartered accountant Christopher Ram has launched a broadside at the Government’s 2026 Mid-Year Report, arguing that the document falls short of its purpose as an instrument of economic and financial accountability.

In the third and final instalment of his examination of the report, Ram said it contains an abundance of economic statistics and expenditure figures but fails to adequately explain the relationships between them, confront emerging risks or show how headline economic growth is affecting households and businesses.

Ram’s latest criticism comes after he previously questioned the report’s treatment of housing figures and its omission of the Government’s at least $400 million transaction involving the Berbice Bridge Company Inc.