Eight wells to be drilled in Region Nine starting next month
The Government of Guyana, in collaboration with the Government of Brazil, is set to commence the drilling of eight wells in eight villages in...
Guyana losing $70B annually through misuse of duty-free fuel
The Guyana Revenue Authority (GRA) is facing an uphill battle trying to prevent the misuse of duty-free fuel by various government entities and companies.
According...
Guyana, Islamic Development Bank sign MoU to support energy, housing, transport sectors
Senior Finance Minister, Dr. Ashni Singh today signed a Memorandum of Understanding (MoU) with the Islamic Development Bank (IsDB) concerning the Country Engagement Framework...
FITUG concerned about withdrawal rules for Natural Resource Fund
The Federation of Independent Trade Unions of Guyana (FITUG) is deeply concerned about the mechanisms being proposed to manage and safeguard the wealth that...
Investment in Guyana’s first refinery can exceed US$1B
Guyanese authorities have confirmed progress on the establishment of the nation's first oil refinery. Senior Finance Minister, Dr. Ashni Singh announced that out of...
AG report exposes absence of key contract details, shoddy work done on $24.7 M...
The 2022 Auditor General's report has exposed several discrepancies in the construction of a primary school at Oronoque, Port Kaituma. The National Procurement and...
GRA hurries to prepare for oil auditing but still to get tax administration right...
The Guyana Revenue Authority (GRA) is yet to fix some of the fundamental issues related to tax administration. Yet, this very entity is racing...
Guyana signs first-time US$150M development loan agreements with Saudi Fund
The Government of Guyana has inked two significant development loan agreements worth US$150 million with the Saudi Fund for Development (SFD) to support the...
Govt. to spend over $500M to take CPCE’s teachers’ training programme fully online –...
The education sector budget has an allocation of over $500 million earmarked for the Cyril Potter College of Education (CPCE) to go fully online...
Opposition still open to providing Govt. with recommendations for 2022 budget -PNCR Chairman
Last week, Aubrey Norton, who leads the People’s National Congress Reform (PNCR) – the largest support base party in the APNU+AFC bloc – said...
