Public expenditure in Guyana has low efficiency -Economist

Over the last 26 years, Government spending has not only been relatively high but also, inefficient. This troubling revelation was made recently by economist...

GRA hurries to prepare for oil auditing but still to get tax administration right...

The Guyana Revenue Authority (GRA) is yet to fix some of the fundamental issues related to tax administration. Yet, this very entity is racing...

Finance Ministry engages World Bank Mission on Natural Resource Fund, other matters

The Ministry of Finance is hosting a Joint World Bank Mission comprising the International Bank for Reconstruction and Development (IBRD), the International Development Association...

State Owned Enterprises now in a $9.3B deficit-Central Bank Governor

The performance of Guyana’s State-Owned Enterprises (SOEs) continues to be dismal. In fact, many of these agencies have pushed the overall deficit to $9.3B...

GRA to recommend removal of Stabilization clause from model PSA during discourse with Energy...

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia is of the firm view that the stabilization clause in the ExxonMobil oil deal puts Guyana...

No abuse of Contingencies Fund for 2017 –Auditor General

The misuse of the nation’s Contingencies Fund has always been a bone of contention for Auditor General, Deodat Sharma. But today, the financial officer...

New River ramps for La Harmonie and Endeavour

The communities of La Harmonie and Endeavour, located about 15 and 20 miles respectively up the Demerara River on the West Bank, are the...

Credit Info making access to financing easy and swifter – CEO

Guyana’s first credit bureau, Credit Info, is calling on loan agencies and citizens desirous of acquiring loans to utilize its services to ensure an...

Property inventory, valuation update to begin in New Amsterdam-Minister Bulkan

The Ministry of Communities recently signed a $335M project with the Municipal Assessments Canada (MPAC) and Axilogic Inc. to update the property inventory and...

Govt. to spend nearly $40M on Water Treatment Facility for Mazaruni Prison

The Guyana Prison Service (GPS) has revealed that the APNU+AFC government will soon be spending some $39.5M on a water treatment plant for the...

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