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Of the 102 lifts of crude oil generated in last year, 13 belonged to the Government of Guyana. The Finance Minister Dr. Ashni Singh made the disclosure today while presenting the 2023 National Budget. He disclosed that US$1 Billion was injected into the Natural Resource Fund from profit oil, US$510.2M of which came from Liza […]
The problem plagued Guyana Sugar Corporation will be given another shot in the arm as part of the government’s recovery efforts for the sugar industry. The Minister of Finance has announced the allocation of another $4 Billion to support Guysuco’s field and factory operations in hopes of turning around the industry. This is despite a […]
Prime Minister Mark Phillips has disclosed that ExxonMobil subsidiary – Esso Exploration and Production Guyana Limited (EEPGL) – is funding the construction of the pipeline for the Gas-to-Shore Project at a cost of US$1 Billion. “EEPGL is funding the…US$1B project cost from cost oil,” Prime Minister Phillips said in his written response to a series […]
Guyana’s economy recorded a staggering 62.5% growth in 2022, with the traditional non-oil sector expanding by 11.5%, Finance Minister Dr. Ashni Sigh announced during the presentation of the 2023 National Budget today. In presenting the fourth budget of the current PPP/C administration under the theme, “Improve Lives Today, Building prosperity for tomorrow”, the Finance Minister […]
Two Police Constables and another man are under investigation after they were busted early this morning with a quantity of cocaine and marijuana. Several rounds of live ammunition were also discovered in the car that the three were in. According to reports, Police Constables, Julius Cambridge and Albert Beresford were passengers in a Toyota Allion […]
The government is looking to have a single prison in the country based at Lusignan on the East Coast of Demerara, removing the traditional holding centers at Brickdam and New Amsterdam. Vice President Bharrat Jagdeo made the announcement during a Department of Public Information interview. Speaking ahead of today’s budget presentation, Vice President Jagdeo said […]
When the 2023 national budget is presented later today, Vice President Bharrat Jagdeo said it will build on the foundation set by the government over the past two years and give effect to several major plans of the administration. In a budget preview over the weekend, Vice President Bharrat Jagdeo said while economic empowerment will […]
Republic Bank has started the new year right for a Georgetown husband and his wife after the husband won the bank’s latest mortgage promotion. The bank has paid off the man’s 25-year mortgage worth $15 million as the grand prize. The winner, Sian James showered the bank and the almighty for the win. He said […]
Acting Chancellor of the Judiciary, Justice Yonette Cummings has announced that the Supreme Court of Guyana is moving to establish a mobile court to better serve persons residing in riverine and other far-flung communities, even as it continues to embrace technological and innovative Solutions to enhance the country’s Justice System. Speaking at the opening of […]
The Christ Church Secondary School on Middle Street was gutted by fire this afternoon, days after there was a small fire in one of school’s science laboratories. Just after 5:30 this afternoon, the Fire Service was summoned to the school after heavy smoke was seen billowing from a section of the bottom flat of the […]
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