Guyanese among two dead in Virgin Gorda, BVI accident

(BVI News) While confirming that two men were killed in a motor vehicle accident on the island of Virgin Gorda last night, the Royal Virgin Islands Police Force (RVIPF) indicated that the bodies were found in the vehicle that seemingly plunged some 150 feet downhill. As was reported by BVI News Online last night, the […]

Man crashes and dies after taking wife to Airport

A Diamond resident died at around 4:55am this morning after the car he was driving smashed into a parked truck along the Soesdyke Roadway, East Bank Demerara, close to the junction. The 33-year-old man, Herman David, of 1538 Section B, Diamond, East Bank Demerara and formerly of 67 John Street, Campbellville, died on the spot. […]

Security sector to receive $29.1 Billion in budgetary allocations focusing on recruitment and better equipment

In light of an escalation in some types of crime, the Government has proposed $29.1B for the security sector in the 2017 Budget and this will complement efforts to increase recruitment of police officers by some 20% as it seeks to strengthen its crime prevention and reduction strategy. This announcement was made by Finance Minister, […]

Budget 2017 is Worst Budget I have ever seen -Jagdeo

Leader of the Opposition, Bharrat Jagdeo, has described the 2017 National Budget as “ominous” and believes it has done nothing to add growth to the economy. At a press conference just after the Finance Minister unveiled the government’s $250 Billion 2017 budget,  Mr. Jagdeo said the budget “is the worst I have ever seen”. Jagdeo […]

VAT reduced to 14%

The Value Added Tax will be reduced from 16% to 14% and marks a move by the coalition government to begin honouring one of its campaign promises. Finance Minister Winston Jordan made the announcement on Monday during his budget presentation.  The Minister also announced that several other items will be added to the VAT exemption […]

BUDGET 2017: Struggling sugar industry to receive $9 Billion

With the sugar industry recording yet another year of financial losses, the Government of Guyana will be injecting $9 Billion into the sugar industry and the operations of the Guyana Sugar Corporation. The announcement was made by Finance Minister Winston Jordan during his budget presentation on Monday afternoon. Minister Jordan told the National Assembly that […]

Economy crawls to 2.6% growth rate -Finance Minister

Guyana recorded a 2.6% growth rate in 2016, which is far below the projected 4% growth that the government was hoping would have taken place. Finance Minister, Winston Jordan, made the disclosure on Monday afternoon during his budget presentation in the National Assembly. Jordan told the Assembly that the loss of the rice market in […]