PPP writes FIU seeking probe allegation of US millions passed through minister’s overseas account
The People’s Progressive Party/Civic (PPP/C) has formally written to the Financial Intelligence Unit (FIU) requesting a probe into the party’s claim that some US$5M,...
EU providing US$8.6M to help Caribbean fight COVID-19
The European Union (EU) is providing a grant of €8M (US$8.6M) to help the Caribbean fight the coronavirus outbreak.
The funds will be used to...
Govt. tells IDB economy on track to surpass GDP performance for last year
The Coalition administration recently informed the Inter-American Development (IDB) that the solid performance of the economy thus far sees it remaining on track to...
Public Sector employment contracts due to loss of hundreds of sugar workers
According to the latest economic report of Central Bank, public sector employment contracted by 0.8 percent at the end of 2019. The financial institution...
Oppos. to call Auditor General’s attention to projects with “red flags” – Mahipaul
The main parliamentary opposition is of the view that several ongoing projects are deserving of special attention by the state’s accounting apparatus. The A...
Govt to table two bills in House ahead of CFATF evaluation
The Caribbean Financial Action Task Force (CFATF) is set to conduct the fourth round of mutual evaluation of Guyana's Anti-Money Laundering and Countering the...
Correspondent banking no longer an issue for Guyana- Central Bank Head
Several months ago, Guyana’s authorities were facing difficulties with correspondent banks that desired to leave and, in some cases, sell their operations, due to...
Govt.’s total current revenue increases by 6.7 % for first quarter thanks to taxes
In its latest statistical abstract bulletin for the first quarter of 2020, Central Bank was keen to note that total current revenue for the...
Exemptions granted in 2018 represent more than 40 percent of actual revenue GRA collected...
Auditor General, Deodat Sharma has found that exemptions from duties and taxes in 2018 were significantly high. In fact, they represent more than 40...
Finance Minister closes 2024 budget debate with razor-sharp rebuttal of opposition’s “weak”, “recycled” and...
By Kiana Wilburg
With great precision, Senior Finance Minister, Dr. Ashni Singh closed the 2024 budget debates with bone-deep lacerations to the arguments of most...
