Govt. asks House for $44B supplementary provision; portion to address sugar woes

Senior Minister with responsibility for Finance Dr. Ashni Singh today tabled in the National Assembly a request for supplementary provision totalling $44,794,011,175. For the agriculture...

Finance Minister furnishes House with $48.2B in receipts for oil revenues 

Senior Finance Minister, Dr Ashni Singh today presented notification receipts to the National Assembly of all petroleum revenues paid into the Natural Resource Fund...

Guyana poised to receive $126M IDB funding to address stagnation of small businesses

Guyana is poised to receive approximately $126M from the Inter-American Development Bank (IDB) to address the stagnation of microenterprises (MEs) due to challenges in...

PAC Chairman condemns govt’s “obstructionist approach” to public accountability 

Chairman of the Public Accounts Committee (PAC), Jermaine Figueira claims frustration over the government’s approach to the work of what he deems one of...

Govt. insists extra scrutiny must be given to review APNU+AFC’s post NCM-spending

The Government’s side of the Public Accounts Committee (PAC) is insisting that extra scrutiny must be given to the APNU+AFC’s spending post the passage...

Guyana gets $130M IDB loan to improve COVID-19 response 

Guyanese authorities are now on course to improve the efficiency and effectiveness of its public policy and fiscal management response to the COVID-19 pandemic...

Govt. to present $3B supplementary budget next week for development in Amerindian communities

The PPP administration will be presenting to the National Assembly next Thursday, a $3B supplementary budget for further financial support for Amerindian communities. Head of...

Natural Resource Fund racks up US$1.28M profit in second quarter

Bank of Guyana has reported that Guyana’s Natural Resource Fund (NRF) recorded a profit of G$266.04 million (US$1.28 million) during the second quarter compared...

Govt. makes another $200M withdrawal from oil fund 

Senior Finance Minister, Dr Ashni Singh announced this evening that another US$200M ($41.6B) withdrawal was made from the Natural Resource Fund (NRF) and transferred...

Guyana on track for almost 50% growth in 2022 -Bank of Guyana

The Guyanese economy is projected to record real oil GDP growth of 49.6 percent while the non-oil economy is estimated to grow by 7.5...

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