Four years after spending $58M… Dilapidated Moruca Bridge to be replaced with $120M...
Four years after the People’s Progressive Party/Civic (PPP/C) regime spent some $58M to upgrade the Moruca bridge in Region One (Barima/Waini), the dilapidated structure...
Kuwait cancels US$50M Guyana debt
Guyana's external debt is now US$50M lower. Following the signing of a Bilateral Debt Settlement Agreement between Finance Minister, Winston Jordan, and the state...
HOUSING BOOM: Over 20,500 lots allocated since 2020; six squatter settlements regularised
The Guyana Government disbursed more than 20,500 house lots between August 2020 and December 2022, marking a significant increase in the number of allocations...
$16B approved for GDF to buy helicopters, drone systems, and vessel
The Committee of Supply on Tuesday approved the sum of $16.2 billion for the purchase of two new helicopters, drone systems and an offshore...
World Bank urges Govt. to improve weak financial management systems for the fifth time
Without active management, the inflow of oil revenues can harm rather than help a country. As such, the World Bank is urging the Government...
Finance Ministry, GRA in dire need of Tax Analysis Unit-Ram
Tax Analysis is a crucial element in ensuring an efficiently managed economy. In its absence, there can be a lopsided approach to compliance management,...
Guyana, United Nations host meeting to review region’s performance on achieving Sustainable Development Goals
The Government of Guyana (GOG) and the United Nations (UN) System in Guyana recently convened the Joint Steering Committee of the UN Multi Country...
Tax exemptions in petroleum contracts need to be reviewed urgently-Statia
With the Guyana basin now de-risked, Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia says that the tax exemptions for future oil...
Blairmont workers protest GuySuCo’s insistence to pay wages via banks
This morning, several workers of the Blairmont Estate took part in a picketing exercise at estate’s order line to demonstrate their dissatisfaction with the...
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...
