Loans and advances to the private sector grew by 8.6 percent last year

Even though the Central Bank has lamented over the years about rising non-performing loans, there was still an increase in the loans and advances...

$34.7B was expended in the public health sector for 2019 – report

A sum of $34.7 billion (of the $35.9 billion budgeted) was expended in the public health sector in 2019, government's "End of Year Outcome"...

Banks , Money Transfer Agency, and Cambios still deficient in anti-money laundering practices –Report...

In keeping with its role to supervise the operations of financial institutions, Bank of Guyana conducted a series of examinations last year. During the...

Exports for 2019 increase by 13.8 %-Central Bank

According to the latest report of Central Bank, Guyana’s earnings for exports last year increased by 13.8 percent or US$189.9 million to US$1,567.0 million....

$8B expended last year for renewable energy-Finance Ministry

Even as the country pursues the development of its oil and gas resources in offshore blocks, the Government, it appears, remained focused on ensuring...

GDP records 5.4 % growth rate for 2019; highest figure for last five years

Guyana’s Gross Domestic Product (GDP) was originally projected to grow some 4.6 percent for 2019. At the half-year, this projection was revised downwards, marginally,...

Latin America and Caribbean Region will have largest recession on record-IMF Chief

According to Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, the Latin America and Caribbean Region has been hit particularly hard by...

GuySuCo hits rock-bottom, Chairman begs Granger for funds to survive beyond this week

The Guyana Sugar Corporation (GuySuCo) has reached rock-bottom. The state-owned company is neck-deep in $2.1B debt, the cash in hand is barely enough to...

Caribbean, Latin American region will see worst economic contraction ever-ECLAC Executive Secretary

According to the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, the coronavirus (COVID-19) pandemic will lead...

Exports from Latin America, Caribbean contract by 3.2% in 2020 first quarter

Since 2019, trading for Latin American and Caribbean countries showed serious signs of frailty. But the onset of the novel coronavirus has only made...

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