World Bank, Govt. sign US$35M loan to help stabilize financial sector

The Government of Guyana, through the Ministry of Finance, signed an agreement today with the World Bank for a US$35M...

Green Paper on Natural Resource Fund makes no provision for crucial independent auditors

In more than 30 countries, Governments have spent trillions of dollars from Natural Resource Funds in ways that remain shrouded...

Draft Local Content Policy not grounded in realistic assessment of Guyana’s needs-World Bank

Guyana’s Local Content Policy is scheduled for completion in March. But even at this stage, a number of crucial things...

Budget to host LGE is $1.2B not $2.9B – GECOM clarifies

The Guyana Elections Commission (GECOM) has clarified that the sum allocated to host the upcoming Local Government Election (LGE) is...

$27M expansion project taking shape at Indigenous Residence

The sum of $27M is being spent on the expansion and renovation of the Indigenous Residence at Princess Street, Georgetown...

Worrying budget constraints can affect hiring of technically competent individuals for Oil and Gas...

Guyana is facing a number of setbacks in its quest to build a robust oil and gas sector. One of...

GBTI proves “every case by SARA dead on arrival” –Nandlall

The State Asset Recovery Agency (SARA) suffered another blow to its already poor performance record after the High Court threw...

Former GPL Director, Carvil Duncan freed of $27M theft charge

Former Guyana Power and Light (GPL) Director, Carvil Duncan, this afternoon walked out of the Georgetown Magistrates’ Courts a free...
christopher ram

Re-migrant scheme too exposed to fraud

A review of Guyana’s tax system would reveal that billions of dollars worth in concessions are provided to individuals through...

$1.8B in contracts awarded for construction of schools in Good Hope, Westminster

Contracts worth over $1.8 Billion (US$8.87Million) have been awarded for the construction of secondary schools at Good Hope, Region Four...

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