GuyOil remains most improved State Owned Enterprises with $2.8B revenue increase
The Guyana Oil Company (GuyOil) Limited remains the most improved State Owned Enterprise with $2.8B in revenue increase at June 30, 2018. This is...
$63.5M awarded to rectify collapsed Indian Immigration Monument in Palmyra
Following its collapse more than a year ago, government has awarded two contracts totalling $63.5M for the construction of the supporting structure for the...
WPA endorses Prof. Thomas’ call for US$5000 pay out from oil proceeds to poor...
The Working People’s Alliance (WPA), recently endorsed the call made by Professor Clive Thomas to make some of Guyana’s petroleum money directly available to...
Taxes represent more than 90 percent of Govt.’s revenue for first half of 2018
Finance Minister, Winston Jordan proudly told the National Assembly on Thursday that the agriculture, fishing and forestry sectors showed great improvements this year. In...
US$460M pre-contract cost not audited due to lack of capacity-Jordan
The controversial US$460M pre-contract costs that ExxonMobil has charged Guyana is yet to be audited. And while Finance Minister, Winston Jordan is aware of...
Jagdeo says Finance Minister will have overall control of National Resources Fund
Government’s Green Paper which outlines the procedures for the management of proceeds from the oil and gas industry, places the Ministry of Finance and...
‘Green’ initiatives to be included in ministries’ 2019 National Budget proposals
Several government ministries are expected to include green energy programmes within their 2019 National Budget proposal to further boost the government’s plan to implement...
Linden gets $30.6M Passport Office
In a matter of weeks, residents of Region 10, Upper Demerara-Upper Berbice, will be able to access some fundamental services in a spanking new...
“No evidential basis” for cash payouts from Petroleum revenues – Granger
President David Granger today said that there is “no evidential basis” for the suggested cash payout to households from the expected Oil and Gas...
Citizens should receive portion of oil money but on conditions-Jagdeo
Economist, Professor Clive Thomas’s suggestion that government should consider annual cash transfer of $1Million (US$5000) to poor households when oil starts pumping, has generated...
