Transforming Ocean View Hotel into COVID-19 facility to cost in excess of $1B-Finance Minister
To transform the Ocean View International Hotel into the COVID-19 facility that is needed, Finance Minister, Winston Jordan said it will cost Guyana over...
IMF avoids committing to cancel debt owed by Caribbean nations
In an effort to ensure they have more money available to respond to COVID-19 as well as help the recovery of their economies, the...
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...
Latin America, Caribbean will see sharp growth reduction for 2020-IDB
As a result of the novel coronavirus, the Inter-American Development Bank (IDB) has predicted that Latin America and the Caribbean will see sharp growth...
EU providing US$8.6M to help Caribbean fight COVID-19
The European Union (EU) is providing a grant of €8M (US$8.6M) to help the Caribbean fight the coronavirus outbreak.
The funds will be used to...
IDB pledges US$12B to help Guyana, other Caribbean countries’ COVID-19 efforts
The Inter-American Development Bank (IDB) is implementing several measures to help the governments of Guyana, Bahamas, Barbados, Jamaica, Suriname, Trinidad and Tobago, and many...
Gov’t eyes former Ocean View Hotel, GBC building to be use as dedicated COVID-19...
The Government of Guyana (GOG), through its National COVID-19 Task Force (NCTF) has plans to modify the building that once housed the Ocean View...
Central Bank recommends deferred loan payments, other relief measures as country grapples with effects...
In an effort to help individuals and businesses grapple with the effects of the Coronavirus outbreak, Central Bank is strongly encouraging commercial banks and...
Local and overseas-based Guyanese pour over US$600M in investment projects – NICIL
Guyanese at home and abroad have invested some US$600M in projects in the past year according to official National Industrial and Commercial Investments Limited...
NICIL garners US$1.1B in investment value for 2020 – Board
The National Industrial and Commercial Investments Limited (NICIL) was able to mobilise US$1.1B in investments for 2020, the Board of Directors (BOD) reported today....
