Guyana poised to be largest non-OPEC producer by 2027- Min. Singh
Given ExxonMobil Guyana’s operational performance in the Stabroek Block, local authorities say plans remain on track for the nation to have six floating, production,...
Nearly 2,000 BPO jobs created since 2020-Finance Minister
Finance Minister, Dr. Ashni Singh, in his presentation of the 2024 national budget, highlighted the substantial growth in Guyana's Business Process Outsourcing (BPO) industry...
As demand for skills increase, govt. moves to develop integrated labour market information system
With Guyana’s accelerated oil sector production creating labour shortages across various sectors, authorities revealed plans to develop an integrated labour market information system.
Senior Finance...
Budget 2024: $10B to upgrade Linden/Soesdyke Highway; $4.2B for new Wismar Bridge
The Guyana Government has plans to dole out some $14.2B to construct the new Wismar Bridge as well as support the rehabilitation of the...
To fund Trillion dollar budget, Govt. plans to take more money from oil account
During the unveiling of his $1.146 trillion budget for 2024, Senior Finance Minister, Dr. Ashni Singh disclosed on Monday that his government intends to...
Govt. to approach House for third increase to debt ceiling
Senior Finance Minister, Dr. Ashni Singh revealed on Monday that the government intends to approach the National Assembly within the coming weeks for a...
Guyana received US$1.6 Billion in profit oil, royalties for 2023-Minister Singh
According to Guyana’s 2024 budget, the country recorded a staggering US$1.6B in oil earnings for 2023. Revealing the details of the income for the...
Govt. anticipates $408B in tax collections for 2024
The Guyana Government projects that it will collect $408.5 billion in taxes for 2024. This is $41.9 billion more than the revenues collected at...
Sand, stone producers expanding operations to keep up with demand
As Guyana’s construction sector experiences significant expansion since 2020, local stone suppliers are now expanding operations to keep up with demand.
The sector is estimated...
$80 Billion set aside for Gas-to-Energy project in 2024 Budget
Guyana's landmark gas-to-energy project has secured a significant allocation of $80 billion in the 2024 budget. This was disclosed today by Finance Minister, Dr....
