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...
Guyana’s public service needs urgent reforms to unlock development potential- Financial Analyst
Local Financial Analyst and Accountant at the Ministry of Finance, Surendra Boodhoo, has emphasized the urgent need for the transformation of Guyana's public service...
Taxes, oil revenues leave govt. with $59B surplus at 2023 first quarter – Report
Central Government’s current account recorded a whopping $59.1B surplus in the first quarter of 2023, according to a report from Central Bank. The financial...
Over $200B in Guyanese currency notes were in circulation for the first quarter of...
According to Bank of Guyana, the total value of currency notes in circulation (including notes held in the vaults of commercial banks) at the...
Public debt jumps by US$84.5M at first quarter
Guyana’s total stock of public and publicly guaranteed debt increased by 2.3 percent or US$84.5 million to US$3.7B from the end-December 2022 position, a...
Oil, Agriculture, Construction sectors keeping Guyana on track for strong 25% GDP growth- Central...
The Guyanese economy remains on track for a 25.1 percent growth rate for 2023 as the oil, agriculture and construction industries continue to deliver...
