Only 40% of trillion-dollar budget will be backed by loans – VP Jagdeo
About 40 percent of Guyana’s $1.146 trillion budget, unveiled on Monday, will be financed by external loans. The remainder will come from the country’s...
Guyana to bag US$6B annually when Whiptail Project comes on stream-VP Jagdeo
Vice President, Dr. Bharrat Jagdeo disclosed today that Guyana could get as much as US$6B in revenues annually from the Whiptail Project, the sixth...
Ramjattan’s opposition to NRF account holding taxes for oil companies hypocritical-AG Nandlall
Attorney General (AG) and Minister of Legal Affairs, Anil Nandlall on Tuesday lambasted Alliance for Change (AFC) Leader, Kemraj Ramjattan’s for his hypocritical opposition...
Guyana’s 2023 export earnings increase by 16.9% to US$13.2 billion
Guyana’s export earnings grew by 16.9 percent to an estimated US$13.2B. According to the 2024 budget, this is on account of higher revenues from...
Investment in Guyana’s first refinery can exceed US$1B
Guyanese authorities have confirmed progress on the establishment of the nation's first oil refinery. Senior Finance Minister, Dr. Ashni Singh announced that out of...
Guyana poised to be largest non-OPEC producer by 2027- Min. Singh
Given ExxonMobil Guyana’s operational performance in the Stabroek Block, local authorities say plans remain on track for the nation to have six floating, production,...
As demand for skills increase, govt. moves to develop integrated labour market information system
With Guyana’s accelerated oil sector production creating labour shortages across various sectors, authorities revealed plans to develop an integrated labour market information system.
Senior Finance...
To fund Trillion dollar budget, Govt. plans to take more money from oil account
During the unveiling of his $1.146 trillion budget for 2024, Senior Finance Minister, Dr. Ashni Singh disclosed on Monday that his government intends to...
Guyana received US$1.6 Billion in profit oil, royalties for 2023-Minister Singh
According to Guyana’s 2024 budget, the country recorded a staggering US$1.6B in oil earnings for 2023. Revealing the details of the income for the...
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...
