Major infrastructure projects “all studies”, says Jagdeo

Opposition Leader, Bharrat Jagdeo has slammed the infrastructural allocations in the 2019 National Budget saying that many major projects will have feasibility studies done...

Education, infrastructure will benefit significantly from oil money- Jordan

Finance Minister, Winston Jordan recently revealed that the government intends to use a portion of the looming oil wealth to ramp up spending in...

Agencies’ cost auditing roles for oil sector still confused-IMF

There are several agencies in Guyana which hold responsibility for auditing the oil and gas sector. These include The Guyana Revenue Authority (GRA), the...

No support of 2019 budget says Opposition

The Parliamentary Opposition has indicated its non-support of the 2019 National Budget, deeming it a disappointment and a show of the Government’s “continued disregard”...

Major Development ahead for Guyana Prison Service in 2019

Determined not to relive the 2016 catastrophe at the Camp Street prison—which saw the deaths of 17 inmates or the 2017 tragedy which saw...

Contractors will soon be debarred for shoddy work- Finance Minister

The Government expends billions of dollars each year buying goods and services for public projects. From schools and hospitals to roads and bridges, this...

Republic Group to take over Scotiabank operations in Guyana, Caribbean territories

Republic Financial Holdings Limited (RFHL) today announced that it has entered into an agreement to acquire Scotiabank’s banking operations in Guyana, St. Maarten and...

Govt’s indecisiveness on oil funds will lead to waste, generate unfair outcomes- Canadian Oil...

The basic question for any country facing the prospect of significant oil revenues is how it should plan the time path of spending and...

Health sector to get $35.9B boost in 2019

“If we are to empower our people and build sustainable communities, it must be on the foundation of a healthy population,” Minister of Finance,...

Budget 2019 allocates $35.6B For Security Sector

Under the theme, “Transforming the Economy, Empowering People, Building Sustainable Communities for the Good Life,” the National Budget for 2019, which was presented by...

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