Guyana is no longer a “Heavily Indebted Poor Country”
Summary
Contrary to a news article by a local media entity, Guyana is no longer a heavily indebted poor country as per the IMF and...
Budget 2020: Agriculture, forestry, and fishing industries contracted by 0.5 percent
Guyana’s traditional sectors, particularly the agriculture, forestry and fishing industries, did not perform as expected for 2019. During the presentation of his maiden budget...
Prime Minister reinstates fired Finance Controller at Guyana Chronicle
In light of allegations of excessive spending and misallocation of funds, Prime Minister, Moses Nagamootoo ordered that there be an immediate investigation into the...
Oil sector to undergo regular audits, intense monitoring to ensure transparency and accountability- Finance...
In keeping with the promises it made on the 2020 election campaign trail, Minister of Public Infrastructure, Bishop Juan Edghill, who was bestowed today...
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 2019. The financial institution...
Digicel neck-deep in over US$6B debt; projects it will increase 7.0 times its earnings...
Regional Telecommunications provider, Digicel Group Limited, has been struggling for the past four years to reduce a US$6.8B of debt.
Research conducted by this news...
Govt. wants to see returns for concessions granted- Finance Minister
Even as industry stakeholders appeal for more concessions, Finance Minister, Winston Jordan made it clear that he will not be encouraging a “free for...
US$31M Sheriff Street/Mandela Avenue Road Expansion Programme in jeopardy as Govt. requests termination of...
The Expansion of the Sheriff Street–Mandela Road Programme has been cast into jeopardy as the Government of Guyana (GoG) moves to have the contract...
Financial Analyst challenges Patterson’s GPL claims as Pres. Ali’s intervention sparks debate
Local Financial Analyst, Joel Bhagwandin has voiced both praise and concern regarding President Dr. Mohamed Irfaan Ali's intervention in the affairs of the Guyana...
Money approved for final payment of offshore patrol vessel
Money has been approved in budget 2022 for the final payment of the Offshore Patrol Vessel. The first payment of $618 million was made...
