$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...
Spend but keep receipts, independent audits will be done –IMF tells borrowing countries
Even as it provides borrowing countries with critical funds for COVID-19, the International Monetary Fund (IMF) is urging governments to “keep receipts” so that...
