$561M budgeted for Amerindian Land Titling; 20 villages to benefit in 2022
In National Budget 2022, the Guyana government proposes to massively increase the subvention for the Amerindian Land Titling programme, to allow 20 communities to...
Coalition used Local Democratic Organs as “slush fund”; massive restructuring underway – House hears
Over the last five years, the previous Administration used Local Democratic Organs (LDOs) as a slush fund, says Public Works Minister, Bishop Juan Edghill,...
No money for biometrics in Budget 2024; decision is up to GECOM – Teixeira
Budget 2024 does not cater for the implementation of biometrics to be used at places of poll, says Minister of Parliamentary Affairs and Governance,...
Local Content Law secured employment for over 3900 Guyanese; trapped US$721M in spend for...
Since its passage in 2021, Guyana’s Local Content Law has proven to be a powerful instrument in securing jobs for citizens. In fact, Senior...
Govt. makes first $41.6B withdrawal this year from oil account
Senior Finance Minister Dr Ashni Singh announced on Thursday evening that government made its first drawdown this year from the Natural Resource Fund (NRF)...
Govt. proposing use of sliding scale rule for withdrawals from first US$5B deposited into...
Senior Finance Minister, Dr. Ashni Singh recently tabled the Fiscal Enactments (Amendment) Bill 2024 in the National Assembly which proposes amendments to the domestic...
ERC staff rose from 14 to 31 persons since March 2023- Minister Teixeira
During the first day of the consideration of the 2024 estimates of capital and current expenditure, Minister of Parliamentary Affairs and Governance, Gail Teixeira,...
CDB projects 5.7 percent regional growth for 2023
The Caribbean Development Bank’s (CDB) Vice President of Operations, Isaac Solomon says regional growth of 5.7 percent is forecast for 2023. For last year,...
Phasing out future developments in the oil sector versus maintaining the momentum
Summary
Any attempt to gradually phase out new developments will cause the momentum in the industry to be disrupted at the expense of slowing down...
Govt. seeks supplementary provision of $21B for housing and water development; $307M for education...
Supplementary funding to cater for a range of developmental initiatives were on Thursday sought when Senior Finance Minister Dr. Ashni Singh presented a Supplementary...