Key deficiencies in tax laws will affect proper control by Customs over oil sector-IMF

The International Monetary Fund (IMF) has found that there are a number of problematic areas in Guyana’s Customs Act which...

Guyana’s share from Stabroek Block can be as high as 52 percent in four...

When ExxonMobil begins recovering its costs, Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia says the Nation can...

Revenue collection increased by $27.4B in 2019

Commissioner-General of the Guyana Revenue Authority, Godfrey Statia has reported that the total revenue collection from January to December 2019...

GRA boss rejects GTT’s offer to only pay portion of US$44.1M taxes owed since...

The Guyana Telephone and Telegraph (GTT) is currently involved in discussions with the Guyana Revenue Authority (GRA) regarding disputed tax...

PPP writes FIU seeking probe allegation of US millions passed through minister’s overseas account

The People’s Progressive Party/Civic (PPP/C) has formally written to the Financial Intelligence Unit (FIU) requesting a probe into the party’s...

Finance Ministry debunks Opposition’s claim of tax increase, says Govt.’s tax reform measures unmatched

The Finance Ministry has come out in defense of the government’s tax reform record which it believes to be unrivaled...

Central Bank moves to strengthen systems to manage Natural Resource Fund

In light of its new role to be the Operational Manager for the Natural Resource Fund (NRF), Central Bank is...

NIS to benefit from US$700,000 IDB loan to strengthen institutional capacity

The National Insurance Scheme (NIS) is expected to benefit from a US$700,000 loan from the Inter-American Development Bank (IDB) which...

Region 8 Administration yet to recover $18.3M it overpaid to contractors

The Regional Eight (Potaro/Siparuni) Administration is yet to recover overpayments totalling $18.302M made on contracts during the years 2015, 2016...

Auditor General flags GRA for failing to produce evidence to support millions in legal...

Auditor General, Deodat Sharma has expressed his displeasure with the fact that the Guyana Revenue Authority’s (GRA) legal representatives have...

Recent Updates