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A 28-year-old man from Victoria on the East Coast of Demerara has been taken into Police custody for the murder of his own brother. 34-year-old Akeem Prince was chopped to death during a row with his younger brother early this morning at their Victoria home. The suspect, Kareem Prince, is expected to face charges in […]
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re diving into the highlights of Guyana’s 2025 Budget Speech, titled “A Secure, Prosperous, and Sustainable Guyana.” This article offers a quick overview of key elements of the budget and a breakdown of what it means for the average Guyanese citizen and the […]
By Svetlana Marshall Leader of the Opposition, Aubrey Norton, has described the 2025 National Budget as one that will have very little impact on the lives of the majority of citizens. In an interview with News Source, Mr. Norton said with the Oil and Gas Sector now raking in billions of US dollars annually, the […]
The Government will this year design and construct a Centre of Excellence for Cancer Treatment, Senior Minister responsible for Finance, Dr Ashni Singh announced on Friday in his Budget presentation. The healthcare sector is set to receive an allocation of $143.2 Billion in 2025. In addition to the Cancer Treatment Centre, the Government will also […]
The country’s energy sector is poised to benefit from a further $88 Billion this year as the Government pushes to stabilize sector, Finance Minister Dr. Ashni Singh has said. The main focus, he said, is to boost the capacity of the Guyana Power and Light Company as well as to ensure the gas-to energy project […]
The Ministry of Housing’s Central Housing and Planning Authority will be given $112.6 Billion this year to develop new and existing housing areas, Minister responsible for Finance, Dr. Ashni Singh has announced. During his National Budget presentation on Friday, Dr. Singh said already some 85 new and existing housing areas have been developed as the […]
A total of $209.3 Billion has been allocated in this year’s Budget for the construction of roads and bridges, the Minister responsible for Finance, Dr. Ashni Singh announced on Friday. Dr. Ashni Singh told the National Assembly that the Government will be forging ahead with an ambitious infrastructure plan. “Since returning to office in August […]
In a budget presentation that went on for more than four hours, Minister responsible for Finance, Dr. Ashni Singh, unveiled a massive $1.382 trillion National Budget, which is 20.6% larger than last year’s budget. He said the budget will be fully financed with no new taxes, but with a heavy dependence on funds from the […]
Chairman of the Guyana Elections Commission, retired Justice Claudette Singh, has ruled against the introduction of biometrics for this year’s elections. In her ruling at the Commission which was made on Thursday, Justice Singh noted that with less than a year to go before Elections, and given the number of tasks that would need to […]
Guyana received a total of US$2.6 Billion in oil revenues and royalties in 2024, the Minister responsible for Finance disclosed today, as he presented the 2025 National Budget. The funds were deposited into the Natural Resource Fund (NRF). “Deposits into the NRF in 2024 amounted to US$2.6 Billion. The fund received US$2.2 Billion in profit […]
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