$200M allocated for reconstruction of Lusignan Prison; 10 new police stations to be built
The sum of $200M has been allocated for the reconstruction of the Lusignan Prison on the East Coast of Demerara. Making this announcement today,...
African Exim Bank ready to supply almost 50 % of funding needed to set...
President and Chairman of the Board of Directors for the African Export-Import Bank (Afreximbank), Prof Benedict O. Oramah declared on Monday that the institution...
Govt. unveils $1.146 Trillion budget for 2024; a 46.6% increase over 2023 budget
Senior Finance Minister, Dr. Ashni Singh moments ago, concluded the unveiling of the Guyana Government’s 2024 budget which stands at a staggering $1.146 Trillion....
Getting Bankers’ information is major stumbling block in money laundering probes – Ramjattan
Getting access to bankers’ books in several money laundering probes has been prohibited by the court. However, access to these records are essential in...
Education Ministry, Teachers Union to hold conciliation talks today
The Ministry of Education and the Guyana Teachers Union (GTU) are scheduled to hold conciliation talks today. The Ministry of Social Protection’s Department of...
Local banks will be able to better assess, guard against major losses by year-end...
It was in 2017 that Central Bank completed a draft of the stress testing guidelines which would be used by the banking system. Providing...
Leguan ferry terminal to get $455M upgrade
The Leguan ferry terminal is slated to be rehabilitated by the Transport and Harbours Department (T&HD). This was disclosed by the Chief Mechanical Engineer...
Govt.’s expenditure for 2018 was $6B less than it projected – Report
The Government’s total expenditure for 2018 amounted to $254.8 billion in 2018 and, according to the Finance Ministry’s End of Year Outcome Statement 2018,...
No more VAT on cement
Senior Minister within the Office of the President with responsibility for Finance, Dr Ashni Singh has announced the removal of Value Added Tax (VAT)...
Ramjattan blasts govt. for producing a budget that lacks infrastructural and socio-economic balance
Leader of the Alliance for Change (AFC), Kemraj Ramjattan recently delivered a scathing critique of the 2024 National Budget, expressing profound disappointment with the...
