House approves increase to domestic, external borrowing ceilings to $750B, $900B respectively
The National Assembly this afternoon approved the increase to Guyana’s domestic and external borrowing capacity to $750 billion and $900 billion respectively.
The Orders were...
No audit of GPHC done under APNU’s 2015-2020 tenure- VP Jagdeo
Vice President, Dr. Bharrat Jagdeo has come to the fore to slam the former A Partnership for National Unity+Alliance for Change (APNU/AFC) coalition government...
Public sector wages and salaries must be fiscally sustainable
Dear Editor,
My attention was drawn to a letter published in the July 28th, 2023, edition of the Stabroek News with the caption: _“Use of...
GRA grappling with staff poaching by oil companies- Statia tells PAC
The Guyana Revenue Authority (GRA) is facing a considerable challenge as its staff members are being lured away by higher salaries being offered by...
Is the Oil and Gas Governance Network a legitimate organization?
Dear Editor,
The Oil and Gas Governance Network (OGGN) has been given immense prominence by the publisher of Kaieteur News as an authoritative, legitimate, and...
The Natural Resource Fund, Withdrawals, and National Development Priorities
Summary
Pursuant to the Natural Resource Fund (NRF) Act, all withdrawals from the NRF to finance the National Budget are subject to approval by the...
National Assembly greenlights multiple important bills for Guyana’s progress
After a long day of intense debates, the National Assembly successfully approved several crucial pieces of legislation on Thursday which are all aimed at...
Importance of Amerindian development justifies withdrawal of $4.7B six weeks after 2023 budget –...
Six weeks after the 2023 Budget was laid in the National Assembly, the Guyana Government extracted $4.7B from the nation's purse, which it disbursed...
House approves extra $31B to support LCDS commitments
Senior Finance Minister Dr. Ashni Singh, on behalf of Government, successfully piloted a $31 Billion Supplementary Appropriation Bill which was endorsed by the National...
Govt. proposes to increase debt ceilings to reduce heavily reliance on Consolidated Fund
To support its ambitious programme of development, government has moved to adjust the external and domestic debt ceilings to avert the dependency on the...
