Guyana appeals to Kuwait for US$70M debt write off

Finance Minister, Winston Jordan and Public Infrastructure Minister, David Patterson recently traveled to Kuwait to sign a multimillion-dollar loan agreement. But while there, the...

World Bank urges Govt. to improve weak financial management systems for the fifth time

Without active management, the inflow of oil revenues can harm rather than help a country. As such, the World Bank is urging the Government...
christopher ram

Govt. operating like a headless chicken on Natural Resource Fund-Ram

Chartered Accountant and Oil and Gas Academic, Christopher Ram, has described the Government as “a headless chicken” when it comes to addressing crucial issues...

GTU, Education reps. invited to name arbitration panel Tuesday

Despite the voiced concerns of the Guyana Teachers Union that a deliberate tactic is afoot to delay a pay increase for public school...

Success of Natural Resource Fund contingent on accountability framework, policies – GRA Boss

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia, is of the firm view that several important conditions must be fulfilled if Guyana...

$27M expansion project taking shape at Indigenous Residence

The sum of $27M is being spent on the expansion and renovation of the Indigenous Residence at Princess Street, Georgetown to ensure the persons...

G-EITI hires “no-nonsense” UK firm to draft Guyana’s maiden report on payments from extractive...

The local chapter of the Extractive Industries and Transparency Initiative (EITI) has hired Moore Stephens LLP, a UK firm, to put together the nation’s...

Ex-sugar workers call on Govt. honour obligations on outstanding severance payment

Some ex-workers from Skeldon and Rose Hall estates staged a picketing exercise outside of the Prime Minister’s Region Six Office at Port Mourant demanding...

Tax exemptions in petroleum contracts need to be reviewed urgently-Statia

With the Guyana basin now de-risked, Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia says that the tax exemptions for future oil...

PPP refuses to show up for 2019 budget consultations

Having done it for three previous budgets, Minister of Finance, Winston Jordan says the Parliamentary Opposition’s non-attendance at the series of 2019 National Budget...

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