Guyana’s oil earnings climb to $154B
From January 2020 to April, 2022, Guyana has earned a whopping US$741M or GY$154B from the production and sale of its oil resources. According...
Guyana, India relations set to achieve new heights in energy, agriculture and beyond
Summary
Guyana is well positioned to lead a regional integration agenda aimed at strengthening South-South cooperation within the continent and regionally within a global context.
Over...
Understanding key aspects of the Petroleum Activities Bill 2023
Summary
During the consultation period on the recently passed Petroleum Activities Bill 2023, this author had submitted comments to the Ministry of Natural Resources (MNR)...
$4B in taxes owed to City Hall… M&CC to begin complete re-evaluation of properties...
With over $4B in property taxes owed to the Mayor and City Council (M&CC) of Georgetown by mainly big businesses, the municipality’s administration is...
Construction of Ogle/Diamond bypass likely to cost more than US$50M – High Commissioner to...
A team of Indian consultants are currently in Guyana working on the detailed design of the Ogle/ Diamond bypass road, says Guyana’s High Commissioner...
Auditor General flags GRA for failing to produce evidence to support millions in legal...
Auditor General, Deodat Sharma has expressed his displeasure with the fact that the Guyana Revenue Authority’s (GRA) legal representatives have failed to submit information...
Govt. scrapped initial design of new Dem. River Crossing because it got no backing...
The decision made by the coalition government to scrap the initial design for the new Demerara River Crossing continues to be questioned by the People’s Progressive...
GuySuCo already drawing down on $30B Bond Facility for operational expenses-NICIL clarifies
Contrary to some media reports, the Guyana Sugar Corporation (GuySuCo) is already drawing down on the $30B Republic Bank Bond Facility that was secured...
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 Jordan is aware of...
Decline in global US dollar reserve a consequence of rising global debt not de-dollarization...
In a recent study scrutinizing role of the U.S. dollar in global trade, local financial analyst, Joel Bhagwandin acknowledged that there is a decline...
