Voters in Guyana go to the polls today, March 2, 2020
A new 65-member National Assembly will be elected for a five-year term, and the leader of the largest coalition or party becomes the country's president.
Guyana's President David A. Granger, representing the Alliance for National Unity + Alliance for Change, (UNPA + AFC) faces rival Mohamed Irfaan Ali of the People's Progressive Party (PPP) for the top post.
David A. Granger
Mr Granger, a retired army general, came to power in 2015, ending 23 years of rule by the People's Progressive Party.
Politics have been largely divided along ethnic lines with the Afro-Guyanese community mainly supporting President Granger and the Indo-Guyanese community - the descendants of Indian indentured labourers - backing the People's Progressive Party.
Mr Granger pledged to tackle corruption, nepotism and the waste of resources, but was hampered by his coalition's slender parliamentary majority.
In 2018, he lost a no-confidence vote which meant that new elections were ordered to be held within 90 days.
In February 2019, the electoral commission said it was unable to organise elections by March of that year and so the vote is only being held now.
Mr Granger's coalition says that if elected, it will distribute some of the oil wealth directly to citizens through cash transfers "for the purchase of essential items". It has also promised "conditional cash transfers" for single parents, public transit and elder care, among other items.
Mohamed Irfan Ali
The 39-year-old former housing minister has for the past 14 years been a member of the National Assembly.
His party has in the past been critical of the deal President Granger has struck with US oil company Exxon Mobil - the main foreign firm exploring the fields off Guyana's coast - calling it "too generous" for Exxon. It has pledged to "immediately engage the oil and gas companies in better contract administration/re-negotiation" if it is elected.
But, according to the BBC, in recent weeks, Mr Ali struck a more conciliatory note, praising Exxon for its "pioneering investment" in Guyana.
His party has supported "targeted cash transfers" geared towards the elderly, children and the poor, and the use of revenues to improve health care, reduce taxes, and save for future generations, according to Reuters.
Riches to come?
The election campaign has been dominated by plans on how to use the windfall from oil finds which could put Guyana among the top 10 oil producers in the world.
Production in the offshore oil fields - estimated to contain at least eight billion barrels - started last year.
Analysts question whether the country will be able to use the new riches to spark much-needed development, avoiding the so-called "oil curse" of economic mismanagement and corruption seen in other oil rich nations with weak institutions.
With a GDP per capita of less than US$4000, Guyana has long been one of the poorest countries in South America, with its top export earners being low-value commodities such as sugar, rice, timber, and bauxite. Optimists are pinning their hopes on oil to transform Guyana’s fortunes, and recently there have been signs that the tide is indeed turning. International consulting firm PricewaterhouseCoopers plans to open an office, celebrity chef Gordon Ramsey is rumoured to be next in line, and a mayoral delegation from Scotland’s oil city Aberdeen has “twinned” with Guyana’s capital city of Georgetown.
The government said it expected up to $300m (£230m) in oil revenues this year, a huge figure for its 780,000 inhabitants.
The economy is predicted to grow 85.6% in 2020, up from 4.4% in 2019.
Virgin Islands News Online will be the first to bring you the results of Guyana's general elections.
12 Responses to “Voters in Guyana go to the polls today, March 2, 2020”
It look like international/Multinational conglomerates are already on scene:
Oct 30, 2019 · Hess (NYSE:HES) is in the midst of a significant transition. The energy company is working with ExxonMobil (NYSE:XOM) and Chinese oil company CNOOC to develop a massive oil find offshore of Guyana