Guyana’s 2023 export earnings increase by 16.9% to US$13.2 billion
Guyana’s export earnings grew by 16.9 percent to an estimated US$13.2B. According to the 2024 budget, this is on account of higher revenues from...
Investment in Guyana’s first refinery can exceed US$1B
Guyanese authorities have confirmed progress on the establishment of the nation's first oil refinery. Senior Finance Minister, Dr. Ashni Singh announced that out of...
Guyana could unlock 10 million ounces of gold by 2026/2027
Senior Finance Minister Dr. Ashni Singh recently highlighted that the gold mining sector shows a promising resource potential, with over 10 million ounces identified...
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...
