World Bank approves US$6M in financing for COVID-19 response, vaccines in Guyana

The World Bank today approved US$6 million in additional financing for the Guyana COVID-19 Emergency Response Project to support affordable and equitable access to COVID-19 vaccines...

Finance Minister instructs NIS to clear backlog of contributions not credited to accounts

Finance Minister, Dr. Ashni Singh has instructed management at the National Insurance Scheme (NIS) to clear its backlog of contributions not credited to the...

GRA netted over $800B in taxes in 4 years due to closure of loopholes

In the last four years, the Guyana Revenue Authority (GRA) has been able to rake in over $800B in taxes. In 2017, the tax...

Urgent action needed to address enormous education crisis in Latin America, Caribbean region –...

The unprecedented education crisis brought on by the COVID-19 pandemic requires immediate action to mitigate and reverse learning losses, according to a new World...

Record number of wells to be drilled in Stabroek Block this year- Rystad Energy

Even though Guyana’s leading offshore explorer, ExxonMobil, was off to a disappointing start this year, as it misfired on the Canje block’s wildcat called...

Guyana uses a mere 2% of US$21M loan from IDB for renewable projects

Even as Guyana continues its regulatory and legislative preparation for the efficient management of the oil sector, policy leaders across the board have always...

Approval granted to NBS for increased mortgage ceiling

As part of the implementation process of some of the Budget 2021 measures, Senior Minister in the Office of the President with Responsibility for...

SOL imported fuel for ExxonMobil but never delivered it; GRA suffers $2.6B loss in...

The Guyana Revenue Authority (GRA) is currently investigating SOL Guyana Inc. which cleared millions of litres of fuel at duty-free rates for ExxonMobil but...

Guyana’s procurement practices continue to receive IDB’s lowest scores

Even though there have been numerous improvements to the relevant laws, Guyana’s procurement practices continue to receive the lowest scores (D) in successive Public...

Budget 2021: CPGs get $95M; $830M for construction, rehab of police stations; $50M to...

The Government of Guyana (GoG) will be fully resuscitating the Community Policing Groups (CPGs), which were dismantled by the former A Partnership for National...

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