Guyana’s real GDP reaches 19.9 %; non-oil growth pegged at 4.6 percent for 2021

Senior Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh disclosed today during the reading of Budget 2022 that...

House passes $552.9B budget    

  The National Assembly this afternoon passed the $552.9B 2022 budget after four days of considering estimates of expenditure at the Arthur Chung Conference Centre...

Gov’t sets aside sums to reconstruct burnt North Ruimveldt, North West Secondary schools

  The sum of $6.6 billion has been allocated for the the construction, rehabilitation, extension, and maintenance of educational facilities in Guyana. The fund will also...

Oil increases export earnings by 68 percent to US$4.3B

  At the end of 2021, Guyana’s total export earnings amounted to US$4.3B, 68 percent higher than the US$2.6B earned in 2020. This was disclosed...

Guyana could earn over US$950 from oil sector this year- Finance Minister

  Senior Minister with responsibility for Finance, Dr. Ashni Singh disclosed, via his 2022 budget, that Guyana is expected to earn over US$950M from its...

High demand in oil, mining sectors kept livestock subsector afloat last year

  Though the agriculture, forestry and fishing sectors bore the brunt of the impact of the unprecedented floods last year, some subsectors still managed to...

$2B approved for construction of call centres, other co-investment projects

  The People’s Progressive Party Civic Administration has made significant strides in honouring its commitment to provide 50,000 jobs to Guyanese, with an allocation of...

6,000 persons to be trained through Guyana-Barbados joint tourism initiative -Minister Walrond

  Some 6,000 persons will be trained through a Guyana- Barbados joint tourism initiative, as four internationally-branded hotels break ground in Guyana. Minister of Tourism,...

Govt. resists wild borrowings against oil; secures lowest gross debt-to-GDP ratio in the region

  Despite having two more sanctioned oil projects—Liza Phase One and Payara—coming into operation in 2022 and 2023 respectively, thereby taking production volumes to 560,000...

$863M earmarked to help Guyanese who require specific local, foreign medical intervention

  The Government of Guyana has set aside $863M in Budget 2022 to ensure Guyanese who require specific health interventions, locally or abroad, receive assistance. Minister...

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