Economy produced mixed performance for first quarter- Bank of Guyana

According to the latest statistical bulletin of Central Bank, Guyana’s economy registered mixed output performance in a few of its major sectors during the...

Harmon justifies transfer of US$18M signing bonus to Consolidated Fund over two years later

After keeping the controversial US$18M signing bonus at a special account in Central Bank for over two years, the Guyana Standard understands that the...

Guyana could earn over US$950 from oil sector this year- Finance Minister

  Senior Minister with responsibility for Finance, Dr. Ashni Singh disclosed, via his 2022 budget, that Guyana is expected to earn over US$950M from its...

1,500 defects were found when PPP inherited CJIA expansion project – Minister

  Minister within the Ministry of Public Works, Deodat Indar says that when the governing PPP/C took over the multibillion-dollar Cheddi Jagan International Airport (CJIA)...

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...

Govt. to halt pension payments at post offices from next year

One of the biggest challenges facing the Government is the administration of pension payments at the nation’s post offices. Minister of Public Telecommunications, Cathy Hughes...

Private Sector bodies want Govt. to adjust Excise tax to cushion blow from increased...

As fuel prices continue to increase at the nation’s pumps, the three major private sector bodies have now joined the call for government to...

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...

Guyana’s share from Stabroek Block can be as high as 52 percent in four...

When ExxonMobil begins recovering its costs, Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia says the Nation can expect to see Government’s...

ExxonMobil Earns $4 Billion in Second Quarter

United States (US) oil-giant, ExxonMobil today announced its estimated second quarter 2018 earnings of $4 billion. This is being compared to the $3.4B earned during...

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