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Oil increases export earnings by 68 percent to US$4.3B

  At the end of 2021, Guyana’s total export earnings amounted to US$4.3B, 68 percent higher than the US$2.6B earned in...

Oil revenues funds National Budget of $552.9B with no new taxes

  Backed by oil proceeds, Budget 2022 totaled $552.9B. This was announced today by Senior Minister with responsibility for Finance, Dr....

Guyana only country in the world forecast to reach 47.5 % GDP growth this...

According to Senior Minister with responsibility for Finance, Guyana is the only country in the world that is forecast to...

Govt. to invest $420.5M to train 1000 Guyanese for oil sector

To ensure Guyana has a well-trained cadre of men and women who can take on leading roles in the oil...

Budget 2022: $20.8B allocated for Gas-to-Energy Project, solar farms

With the aim of advancing the transition to cleaner sources of energy, the PPP/C Government has set aside $29.4B in...

Gov’t sets aside sums to reconstruct burnt North Ruimveldt, North West Secondary schools

  The sum of $6.6 billion has been allocated for the the construction, rehabilitation, extension, and maintenance of educational facilities in...

Taxes accounts for 96 percent of govt. revenues last year

Over the years, tax collections have accounted for a large part government’s revenue collection and 2021 was no different. According...

Gov’t budgets $12.4B for construction of six new modern regional hospitals

  In 2022, a total of $16.1B has been budgeted to launch a major expansion in public health care facilities, Finance...

COVID-19 Update: Six more succumb; 424 new cases recorded

Six more persons who tested positive for COVID-19 have died, taking the death count in the country to 1,154, the...

Guyana to export pre-fab houses to Ghana this year

  In the area of expanding the local value chain for wood products, the Government of Guyana has been exploring market...

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