Transitioning to electronic payment system will save nation 3 percent of GDP -Central Bank...

Guyanese are one step closer to accessing a modernised electrical payment system; a move that will see Guyana saving three percent of its Gross...

Vehicle scales for hinterland roads imminent

In a continued effort to curb the issue of drivers not adhering to road limits on hinterland roads, the Ministry of Public Infrastructure will...

M&CC to host $19M “City Week” celebrations

The Mayor and City Council (M&CC) of Georgetown is gearing to host the first, Georgetown “Town Week”. The celebrations that form part of the...

Almost $300M still unaccounted for under Amerindian Development Fund

A total of $730.3M has been disbursed from the $1.2B Amerindian Development Fund (ADF). However, the value of grants accounted for thus far is...

World Bank, Govt. sign US$35M loan to help stabilize financial sector

The Government of Guyana, through the Ministry of Finance, signed an agreement today with the World Bank for a US$35M Development Policy Credit. The signing...

ExxonMobil Earns $4 Billion in Second Quarter

United States (US) oil-giant, ExxonMobil today announced its estimated second quarter 2018 earnings of $4 billion. This is being compared to the $3.4B earned during...

US$460M pre-contract costs still not audited

It has been almost two years since USA oil giant ExxonMobil inserted pre-contract costs of US$460M in its Production Sharing Agreement (PSA) with Guyana....

Construction of Ogle/Diamond bypass likely to cost more than US$50M – High Commissioner to...

A team of Indian consultants are currently in Guyana working on the detailed design of the Ogle/ Diamond bypass road, says Guyana’s High Commissioner...

Four years after spending $58M… Dilapidated Moruca Bridge to be replaced with $120M...

Four years after the People’s Progressive Party/Civic (PPP/C) regime spent some $58M to upgrade the Moruca bridge in Region One (Barima/Waini), the dilapidated structure...

PPP objects to Bank of Guyana managing Natural Resource Fund

The People’s Progressive Party/Civic (PPP) is of the view that if Bank of Guyana (BoG) is made manager of the account holding oil-derived wealth,...

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