One year after IMF recommendation… Finance Ministry makes no effort to build capacity...

In 2016, the International Monetary Fund (IMF) pleaded with the government to have its relevant departments trained and properly resourced...

US$5,000 oil money pay-out to citizens has merit; must be examined – Lincoln Lewis

The suggestion that poor Guyanese households should benefit from a US$5,000 pay-out from the oil proceeds, has merit and should...

Green Paper on Natural Resource Fund makes no provision for crucial independent auditors

In more than 30 countries, Governments have spent trillions of dollars from Natural Resource Funds in ways that remain shrouded...

GuyOil remains most improved State Owned Enterprises with $2.8B revenue increase

The Guyana Oil Company (GuyOil) Limited remains the most improved State Owned Enterprise with $2.8B in revenue increase at June...

$63.5M awarded to rectify collapsed Indian Immigration Monument in Palmyra

Following its collapse more than a year ago, government has awarded two contracts totalling $63.5M for the construction of the...

WPA endorses Prof. Thomas’ call for US$5000 pay out from oil proceeds to poor...

The Working People’s Alliance (WPA), recently endorsed the call made by Professor Clive Thomas to make some of Guyana’s petroleum...

Taxes represent more than 90 percent of Govt.’s revenue for first half of 2018

Finance Minister, Winston Jordan proudly told the National Assembly on Thursday that the agriculture, fishing and forestry sectors showed great...

US$460M pre-contract cost not audited due to lack of capacity-Jordan

The controversial US$460M pre-contract costs that ExxonMobil has charged Guyana is yet to be audited. And while Finance Minister, Winston...

Jagdeo says Finance Minister will have overall control of National Resources Fund

Government’s Green Paper which outlines the procedures for the management of proceeds from the oil and gas industry, places the...

‘Green’ initiatives to be included in ministries’ 2019 National Budget proposals

Several government ministries are expected to include green energy programmes within their 2019 National Budget proposal to further boost the...

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