Guyana inks US$156 Million loan agreement with World Bank

The Government of Guyana, as part of its Integrated Transport Corridors Project, has inked a US$156 Million loan agreement with The World Bank. Senior Minister with Responsibility for Finance, Dr. Ashni Singh, signed the agreement on behalf of the Guyana Government, while the World Bank’s Vice President for the Latin America and Caribbean Region, Susana […]

Government to tackle increase in gambling shops and online betting with more regulations and taxes

Expressing concern about the growing number of persons getting involved in online gambling and betting, especially at small betting shops around the country, Vice President Bharrat Jagdeo has indicated that the Government will be moving to tighten regulations and reform taxation to curb the rise of gambling activities. At a press conference on Thursday, Mr. […]

Government to launch online portal to advertise Procurement Contracts

Vice President, Bharrat Jagdeo has announced that the Guyana Government will soon be rolling out an online portal to advertise Government contracts. He believes it will be a move to improve transparency and efficiency to ensure a fairer tendering system. At a press conference on Thursday, Mr. Jagdeo said the Government is hoping to bring […]

Guyanese, Justice Arif Bulkan sworn-in as newest Judge on Caribbean Court of Justice

Distinguished Guyanese legal luminary and former Acting Justice of Appeal, Christopher Arif Bulkan, was today sworn in as the newest Judge of the Caribbean Court of Justice (CCJ). He took his oath before President Irfaan Ali at the Office of the President. President of the CCJ, Justice Winston Anderson, Prime Minister Mark Phillips, Attorney General […]

Jagdeo not in agreement with ExxonMobil’s “not a priority” position on Guyana’s Liquified Natural Gas

Vice President Bharrat Jagdeo today expressed disagreement with a suggestion by ExxonMobil Guyana President Allister Routledge that converting Guyana’s gas into Liquified Natural Gas is not a priority at this stage for his company. The government had selected Fulcrum LNG to collaborate with ExxonMobil to monetize the country’s liquefied natural gas (LNG) resources, but there is no formal agreement. […]