GRA cuts ties with Head of Customs over allegations of corruption, underperformance

Amidst allegations of corruption and detailed reports of underperformance, the Guyana Revenue Authority (GRA) has opted to not renew the contract of the head...

Govt. to consider tax-free allowance, housing solutions for teachers

President Dr. Irfaan Ali held crucial consultations with Head Teachers and Deputy Head Teachers at State House on Monday, during which he indicated that...

Critical perspectives on Guyana’s oil industry were not captured in Financial Times article

Dear Editor, Last Friday, October 27, 2023, I was privileged to have had a 40 minutes long interview with the Financial Times (FT) on Guyana’s...

Guyana on track for almost 50% growth in 2022 -Bank of Guyana

The Guyanese economy is projected to record real oil GDP growth of 49.6 percent while the non-oil economy is estimated to grow by 7.5...

Gov’t allocates $5.2B to ICT development; commits to liberalisation of telecoms sector

The Government of Guyana (GoG) has budgeted $5.2B for the development of the country's Information and Communications Technology (ICT) capability. This announcement was made today...

Budget 2020: $3B set aside for reopening of Enmore, Rose Hall, Skeldon estates

Minister of Finance and Public Infrastructure, Bishop Juan Edghill revealed moments ago that the government has set aside revenues to reopen the Enmore, Rose...

Govt. has October deadline to audit controversial US$460M pre-contract costs

On October 7, 2016, the coalition Government entered into a Production Sharing Agreement (PSA) with ExxonMobil. The contract which contains the controversial US$460M pre-contract...

Dr. Thomas Singh lacks understanding of Central Bank’s foreign exchange policy

Dear Editor, Reference is made to Dr. Thomas B. Singh’s letter in the Stabroek News edition of June 11, 2024, with the caption “The BOG...

ExxonMobil makes ninth discovery offshore Guyana

The discovery of approximately 197 feet (60 metres) of high-quality, oil-bearing sandstone reservoir at the Hammerhead-1 is the ninth discovery of oil in the...

Joint Services salary available-Finance Minister assures

The Ministry of Finance says that salaries for the Joint Services and other agencies under the Ministry of Public Security are payable. In a statement...

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