Direct incentives, reversal of VAT will see Guyanese benefiting from $20B in relief for...

The Government of Guyana (GoG) has announced sweeping changes to the tax regime in the country. Coupled with direct incentives,...

President announces $5B plug for GuySuCo

From the $330 Billion emergency budget expected to be announced in Parliament on Wednesday, some $5 billion subvention will be...

GPL neck-deep in US$201.7 million debt

At the end of July 2020, the Guyana Power and Light Inc. was neck-deep in debt totalling US$201.7M or about...

No budget for 2020, COVID-19 led to project delays; we were not lapsing –...

The distressing financial state of several governmental agencies and the delays in several major infrastructural projects are no fault of...

Grace Kennedy Remittance Services ordered to pay GRA $377M in taxes owed since 2011

As a result of being incorrectly classified as a non-commercial entity in the Guyana Revenue Authority’s (GRA) records since 2003,...

Gov’t. promises emergency budget in three weeks; ministries, agencies given up to next week...

The Government of Guyana is moving to implement an emergency budget in three weeks, Vice President, Bharrat Jagdeo said during...

NICIL documents on “illegal” land transfers, disposal of assets not forthcoming – Vice President

The Government of Guyana (GoG) has made several requests to the National Industrial and Commercial Investments Limited (NICIL) for documents...

APNU+AFC govt. loans GPL US$50M for generators still to be provided

Even after the recount of votes cast in the controversial March election was completed, former Minister of Finance, Winston Jordan...

Every cent of oil money will be accounted for; no political interference – Ali...

The People's Progressive Party/Civic (PPP/C) will ensure that every cent of the revenues from the sector is accounted for, as...

Rapid financial and management assessment team working pro bono – Teixeira

The government’s Rapid Financial and Management Assessment Team (RF&MAT) will be working pro bono, the Minister of Parliamentary Affairs and...

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