Exxon spent over $80B in Guyana last year

ExxonMobil Guyana disclosed moments ago that its local content spend totalled $80 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone....

Finance Minister signs US$150M MoU with the Saudi Fund for Housing sector, Wismar Bridge...

Senior Finance Minister, Dr. Ashni Singh and Chief Executive Officer (CEO) of the Saudi Fund for Development Mr. Sultan A. AlMarshad today signed a...

Guyana, Islamic Development Bank sign MoU to support energy, housing, transport sectors

Senior Finance Minister, Dr. Ashni Singh today signed a Memorandum of Understanding (MoU) with the Islamic Development Bank (IsDB) concerning the Country Engagement Framework...

A review of the probable cost for an oil spill offshore shows Guyana has...

Dear Editor, I am encouraged by a few persons to conduct an estimation of a probable cost of an oil spill offshore Guyana with a...

Govt. makes second withdrawal of US$200M from oil account 

Senior Finance Minister Dr Ashni Singh has announced that the Government has made its second drawdown this year of US$200M from the Natural Resource...

A critical examination of EEPGL’s legal obligations, environmental contingent liabilities, and GAAP

Dear Editor, Further to my letter which was published by Guyana Standard on May 6, 2023, and Guyana Times on May 7, 2023, regarding the...

APNU’s alternative housing policy among others, impracticable

Summary The main Parliamentary Opposition’s chief economic advisor proposed an alternative housing policy that the Opposition would implement, if elected in 2025. The proposal, according...

APNU’s Elson Low accuses Govt. of underinvesting in education; national budgets say different

Economic and Policy Advisor to the A Partnership for National Unity (APNU), Elson Low, today accused the PPP/C Administration of underinvestment in education. During...

Demerara Bank reports $2.4B pre-tax profit for 2023 first quarter

Demerara Bank Limited has reported a $2.4B pre-tax profit for the first quarter of 2023. The financial institution attributed this growth to the positive...

Govt to table two bills in House ahead of CFATF evaluation 

The Caribbean Financial Action Task Force (CFATF) is set to conduct the fourth round of mutual evaluation of Guyana's Anti-Money Laundering and Countering the...

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