Guyana secures £124M UK financing for specialized paediatric and maternal facility

The Guyana Government has secured a £124M investment from the United Kingdom's credit agency, UK Export Finance (UKEF), to finance in the next two...

Demerara Bank reports $2.4B pre-tax profit for 2023 first quarter

Demerara Bank Limited has reported a $2.4B pre-tax profit for the first quarter of 2023. The financial institution attributed this growth to the positive...

Design of Mora Point Pump Station nearing completion

The construction of an irrigation pump station and installation of fixed pumps at Mora Point, Mahaicony River in Region Five is moving closer to...

9 out of 10 municipalities yet to produce audit reports for millions spent over...

With the Local Government Elections (LGE) now over, Chartered Accountant and former Auditor General, Anand Goolsarran has called for there to be a greater...

Presidential hopeful, Robert Badal among several under investigation by GRA

Proprietor of Pegasus Hotel, Robert Badal, who is hopeful of becoming Guyana’s next Executive President, is actively being investigated by the Guyana Revenue Authority...

Region 8 Administration yet to recover $18.3M it overpaid to contractors

The Regional Eight (Potaro/Siparuni) Administration is yet to recover overpayments totalling $18.302M made on contracts during the years 2015, 2016 and 2017. This is...

Govt. seeks supplementary provision of $21B for housing and water development; $307M for education...

Supplementary funding to cater for a range of developmental initiatives were on Thursday sought when Senior Finance Minister Dr. Ashni Singh presented a Supplementary...

Govt boasts of accountable management of NRF as balance reaches US$1.46B

The Government of Guyana is boasting of its management of the nation’s oil- wealth as the Natural Resources Fund (NRF) has reached an impressive...

Gold, diamond bauxite saw reduced output for 2023 – Minister Singh

Senior Finance Minister, Dr. Ashni Singh revealed on Monday that the gold mining industry is estimated to have contracted by 11.2 percent in 2023....

Gold to help weakened oil sector in keeping negative impacts of COVID-19 at bay

Early on in 2019, Guyana had received forecasts from several international agencies such as the International Monetary Fund (IMF) regarding unprecedented GDP growth in...

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