The NCS Process
Prior to the May 2006 Presidential Summit on Private Sector Development
and presentation of Draft II of the NCS, H.E. President Jagdeo had
asserted
“We must now …
make our number one strategic economic priority the goal of enhancing
the competitiveness of our economy to deliver greater economic growth.”
In-line with delivering on this vision, the Commerce Division of
the Ministry of
Tourism, Industry & Commerce had produced, in collaboration
with the Office of
the President, a Draft Policy Discussion Paper, “Enhancing
National Competitiveness: Implementing the National Strategy.”
(
748KB)
The paper outlined Government’s initial assessment of progress
so far in strengthening national competitiveness and diversifying
Guyana’s economy. Importantly, the paper also set out an initial
assessment of the actions necessary to deliver a step-change in the
competitiveness of Guyana’s economy, in order to support the
next wave of economic growth. The actions were summarised in a set
of high-level policy recommendations.
Comments and views on the draft paper were welcomed.
The Consultation Process for
Finalising “Enhancing National Competitiveness” Document
In July, the Minister sent the draft paper to Private Sector organisations,
companies and individuals. The Government wanted the policy recommendations
reflected in the paper to be reviewed and analysed by a wide group
of stakeholders, in order to gather analysis and build consensus on
how the recommendations, and the overall strategy, can be improved.
In particular, the Government wished for active engagement of the
private sector in this process.
To this end, in November, an agreement was reached with the Private
Sector Commission (PSC) on the process to be followed in reviewing
the Draft “Enhancing National Competitivness: Implementing the
National Strategy” document. The steps in the consultation process
are outlined in this
document (
34KB) and it was agreed that the PSC would lead and coordinate the
process of gathering feedback from the Guyanese private sector.