Public Sector employment contracts due to loss of hundreds of sugar workers

According to the latest economic report of Central Bank, public sector employment contracted by 0.8 percent at the end of...

Loans and advances to the private sector grew by 8.6 percent last year

Even though the Central Bank has lamented over the years about rising non-performing loans, there was still an increase in...

$34.7B was expended in the public health sector for 2019 – report

A sum of $34.7 billion (of the $35.9 billion budgeted) was expended in the public health sector in 2019, government's...

Banks , Money Transfer Agency, and Cambios still deficient in anti-money laundering practices –Report...

In keeping with its role to supervise the operations of financial institutions, Bank of Guyana conducted a series of examinations...

Exports for 2019 increase by 13.8 %-Central Bank

According to the latest report of Central Bank, Guyana’s earnings for exports last year increased by 13.8 percent or US$189.9...

$8B expended last year for renewable energy-Finance Ministry

Even as the country pursues the development of its oil and gas resources in offshore blocks, the Government, it appears,...

GDP records 5.4 % growth rate for 2019; highest figure for last five years

Guyana’s Gross Domestic Product (GDP) was originally projected to grow some 4.6 percent for 2019. At the half-year, this projection...

Latin America and Caribbean Region will have largest recession on record-IMF Chief

According to Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, the Latin America and Caribbean Region has been...

GuySuCo hits rock-bottom, Chairman begs Granger for funds to survive beyond this week

The Guyana Sugar Corporation (GuySuCo) has reached rock-bottom. The state-owned company is neck-deep in $2.1B debt, the cash in hand...

Caribbean, Latin American region will see worst economic contraction ever-ECLAC Executive Secretary

According to the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, the coronavirus...

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