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...
National Assembly approves removal of 20% tax on cell phones
Senior Finance Minister Dr Ashni Singh successfully piloted a motion on Thursday to remove the 20 percent tax on cell phones, which was endorsed...
House approves $4.7B for Amerindian communities
More than $4.7 billion was on Thursday passed in the National Assembly to further develop and empower indigenous communities nationwide.
According to the Department of...
Dr. Gampat misrepresented World Bank’s Statistical Capacity Index
Dear Editor,
It was not my intention to engage Dr. Ramesh Gampat in a debate out of pure respect for his outstanding scholarship and contribution...
Guyana’s oil account received $91.5B in profit oil and royalties during 2023 second quarter...
Guyana’s Natural Resource Fund (NRF) received a jaw-dropping $91.5B (US$438.95M) in oil revenues during the second quarter of 2023. According to the (NRF) report...
Foreign currency transactions increased by whopping US$3.5B during first quarter
Bank of Guyana recently disclosed that foreign currency transactions saw a 27.0 percent jump during the first quarter of 2023. This represents US$3.5B worth...
CDB to invest USD1.8M in region’s creative sector
The Caribbean Development Bank (CDB) has committed US$1.8 Million to support the development of the region’s creative industries. The bank’s Board recently approved the...
Central Bank registers 59% increase in use of Mobile Money accounts
Bank of Guyana in one of its latest reports, said there was a 59.2 percent increase in the number of Mobile Money accounts at...
