-Says Reform would lead to Govt. saving up to $226M To continue the enhancement of the financial system, the Bank of Guyana,Wholesale China Jerseys, with theCentral Bank Governor, Dr. Gobind Gangaassistance of the World Bank, will undertake a comprehensive and strategic modernization of Guyana’s National Payment System to advance the use of electronic payments.This is according to Central Bank Governor, Dr. Gobind Ganga.During his press conference yesterday, Dr Ganga made reference to a 2015 payments cost study conducted by the World Bank’ Payment Systems Development Group (PSDG).The document says that the Government of Guyana could save up to $266 million (0.04 % of GDP) annually by switching from paper-based payment mechanisms to electronic payments.Additionally, Dr. Ganga revealed that the Bank of Guyana will play the lead role in this project with the active cooperation of major stakeholders. He said that the government is a major stakeholder since it is the single largest end-user of payment services.He said that the Ministry of Finance,Cheap NFL Jerseys, the National Insurance Scheme (NIS) and the Ministry of Social Protection (MSP) manage the largest of the outgoing payment programmes. The Guyana Revenue Authority (GRA) and the NIS, both quasi-government agencies, manage the largest inflows.Excluding revenue collection,Wholesale Jerseys, the Central Bank Governor said that the programmes managed by the Finance Ministry, NIS and MSP account for an estimated 260,000 payments a month (a daily average of over 11,000) and over $3M a year.He said that other stakeholders,Cheap Football Jerseys, include Commercial Banks,Wholesale Jerseys, Money Transfer Agencies and the Business Community.Over the next four years, Dr. Ganga said that the Bank of Guyana will undertake payments system regulatory reform and infrastructure development to achieve several objectives.He said that these include the establishment of legal clarity and certainty to cover several areas such as electronic funds transfer,Wholesale Jerseys China, e-money and cheque truncation; the enhancement of payment processing and reduction of settlement times for both retail and large value transactions.With the reform process; the Bank also hopes to strengthen risk management and mitigation across the National Payment System; expand accessibility of electronic payment access networks; attract higher rates electronic payment acceptance by vendors, merchants and other providers of goods and services and advance migration of government to electronic payments for both the collections and disbursement of funds.The Central Bank Governor said that the successful implementation of this programme will lead to benefits in several areas.

Rehanna RamsayIn addition to enlightening the public on the horror of slavery,Wholesale China Jerseys, the African Heritage Museum will for the month of August seek to draw attention to human trafficking as a form of modern slavery.In this regard,Wholesale NFL Jerseys Online, the assistant anthropologist of the museum, Genelle Hamilton,Cheap NFL Jerseys China, noted that the exhibition will place emphasis on historical events of slavery as well as highlight forms of slavery that exist today.“In addition to showcasing pieces of writing and art on the transatlantic slave trade we will also provide information on the definition, causes and effects of human trafficking,Wholesale China Jerseys,” Hamilton stated.According to Hamilton, this is the Museum‘s first step to raising awareness to combat the modern-day scourge.The annual African exhibition was launched Saturday under the theme “campaigning against slavery,Wholesale Basketball Jerseys, breaking the silence.”The activity is part of the 174th Emancipation celebration; the exhibition will be hosted at the National museum.Human trafficking is the illegal trade of human beings of all races and cultures for the purposes of commercial sexual exploitation, forced labour or reproductive slavery. It is recorded as the most prevalent form of present day slavery; Guyana is listed as one of countries in which this type of slavery exists.Earlier this year the United Nations Development Fund (UNDP) contributed US $75,000 to the Government to support the eradication of trafficking in persons.Numerous artifacts such as wood sculptures, paintings,China Jerseys Wholesale, drawings and manuscripts that graphically depict the history of African ancestry are currently on display as well as posters that give an explicit and dramatic picture to the face of human trafficking.The exhibition is spearheaded by the Museum of African Heritage while the University of Guyana library and the National Archives also assisted in the effort.At the commencement of the launching there was a cultural presentation of drumming and dance by the National School of Dance. A moment of silence was also observed for the late distinguished sculptor, Phillip Moore.

Minister of Governance with responsibility for Natural Resources and the Environment, Raphael Trotman,Cheap Jerseys Store, has disclosed that an agreement has?been reached between the BOSAI Minerals Company and its workers for them to stay on the job.The agreement will be, that the employees will work eight hours daily instead of 12 hours in an effort to prevent retrenchment.Further, he praised the workers in the mining town of Linden for being each other’s keeper, and agreeing to take a pay cut in order to facilitate those who would otherwise have been out of a job.“This is a sterling example of how things can be resolved quickly,Jerseys NFL China, relatively easily and produce a win-win for all.”Minister Trotman said that the situation arose about a month ago when it was communicated by the company, that there were excess piles of ore and no markets for them.He said that since then the Government has been engaging the company and fostering discussions.? BOSAI indicated that they would likely have to retrench some workers.The Ministry of Social Protection also became involved in negotiations to facilitate an agreement that would be amenable to both parties.“BOSAI then proceeded to cut back on the staff and the union representatives took a different view. That is why there was some industrial unrest or action yesterday (Thursday). But we are very heartened by the agreement reached between the Ministry of Social Protection,Cheap NFL Jerseys, Regional Chairman and the company which would see the workers remaining, but working less hours. I think an agreement has been reached which benefits everyone and we want to laud the efforts of the Ministry, the Union and the company to reach an agreement in the matter peacefully and positively.”In the meantime, he lauded the selflessness of the workers at the company and the decision,Cheap NFL Jerseys China, which they have taken to ensure that the workers can remain on the job and earn an income.“I think the applause should be given to the workers who agreed to a pay cut by working less hours so that those that would have been laid off could remain on. So we want to applaud them, who made the sacrifices so that their brothers and sisters could get an income,Cheap NFL Jerseys China,” he said.On Thursday,China NFL Jerseys, workers at BOSAI launched a protest action, after it was reported that some 37 out of 600 workers would have been retrenched due to the lack of markets for the bauxite. The company had said that they began experiencing problems since 2014.Minister Trotman said that the Ministry will continue to monitor the situation.

The Guyana Public Service Union (GPSU) is calling on the government to address negotiations regarding salary/wage and allowance increases for public service workers.According to the GPSU,Cheap Authentic Jerseys, the Union submitted a multi-year proposal (three years) on June 1, 2007 to the Government of Guyana for increased in wages/salaries for the years 2007 – 2009. However,Wholesale NFL China Jerseys, Negotiations were never concluded.The Union stated the Executive Council of the Guyana Public Service Union (GPSU) and its membership throughout the country view with grave doubts and reservation the seriousness demonstrated by the Government of Guyana when it comes to matters relating to increases in public service workers remuneration and improvement of the general conditions of public service work and service.In this regard,Jerseys NFL Wholesale China, the GPSU disclosed that on September 9, 2009 proposals were submitted to the government for increases in wages/salaries and allowances for the years 2010,Wholesale Jerseys, 2011 and 2012. The Union also submitted a compilation of a basket of necessities which was used as the basis for determining the criteria for the minimum salary for a public service worker.As a consequence of the foregoing, the Union represented and reached agreement with the Permanent Secretary – Office of the President to commence negotiations for increases in wages/salaries and allowances for 2010 from October 27, 2010.Other dates were also scheduled for these negotiations (November 1, 8 and 11,holesale NFL Jerseys, 2010).? “To date no meeting has been convened.”The GPSU disclosed that there was a meeting at the Union’s headquarters on November 13, last. “The matter was ventilated and it was clear that the membership throughout the country was of the view that there was no seriousness nor urgency demonstrated by the Government when such matters were being discussed.”It was also stated by the Union that the apparent conduct undermines the legitimate negotiations that should take place in keeping with the Agreement for the Avoidance and Settlements of Disputes between the Government of Guyana and the GPSU,Cheap Soccer Jerseys For Sale, and this results in the arbitrary imposition of salary/wage awards, normally close to the end of the year, which is also in conflict with the Government’s obligation to adhere to relevant ILO Conventions dealing with Collective Bargaining and Trade Union Rights.“With this in mind, the delay of the commencement of the negotiations on the increase in wages/salaries and allowances is of severe discomfort to the GPSU and hurting to the public service workforce which in effect, has incalculable implications for public service workers and the wellbeing of their families.”

本報北京7月12日訊 中國人民銀行今日發佈上半年金融數据，今年上半年我國新增人民幣貸款7.97萬億元，同比多增4362億元。其中6月份人民幣貸款增加1.54萬億元，同比多增1533億元。
數据顯示，6月末人民幣貸款余額114.57萬億元，同比增長12.9％,中信銀行廈門個人貸款資金違法挪用並流入房市 中信銀，增速與上月末持平，比上年同期低1.4個百分點。
貨幣供應量方面,企業貸款，6月末，廣義貨幣（M2）余額163.13萬億元，同比增長9.4％，增速分別比上月末和上年同期低0.2個和2.4個百分點,上半年我國新增人民幣貸款近8萬億元 社會融資規模 人。上半年淨回籠現金1326億元。
存款方面，上半年人民幣存款增加9.07萬億元，同比少增1.46萬億元。從社會融資規模數据看，上半年社會融資規模增量為11.17萬億元，比上年同期多1.36萬億元。6月末社會融資規模存量為166.92萬億元，同比增長12.8％。
（詳見第三版）