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There was no announcement on salary increases for public servants in the 2016 National Budget, despite calls from the opposition People’s Progressive Party for substantial increases to be offered. Finance Minister Winston Jordan told the National Assembly that those increases will have to await the conclusion of discussions with the relevant unions. “The Government understands […]
Finance Minister Winston Jordan has announced that with effect from April 1, 2016, the Old Age Pension will increase from $17,000 to $18,200. According to the Minister, nearly 50,000 pensioners are expected to benefit from the increase. He said “in the short space of eight months, this Coalition Government has been able to increase old […]
Finance Minister Winston Jordan announced major infrastructural projects to take place across Guyana over the next year with large sums of money allocated to back those plans. Shortly, a US$50 million loan will be signed with the Government of India to construct a new road link between Ogle on the East Coast of Demerara and […]
The government has announced that effective from February 1, 2016, the state owned oil company, Guyoil, will reduce the cost for gasolene to $170 per litre. Currently the price stands at $190 per litre. The price for diesel will be reduced to $150 per litre from the current $161 and the price for a litre […]
Finance Minister Winston Jordan has announced that the government has allocated $300 Million to cover all costs associated with the hosting of the various celebrations for Guyana’s 50th Independence anniversary. Minister Jordan said that the government has been paying close attention to national cohesion and will be pushing that message throughout this 50th year of […]
In his second National Budget in less than six months, Guyana’s Minister of Finance, Winston Jordan, told the National Assembly that Guyana’s economy has started to see a turn around. Mr. Jordan in his budget presentation reflected on the economy over the past year, pointing out that the last budget was presented just after the […]
Minister of Natural Resources, Mr. Raphael Trotman, and a team on Thursday toured oil giant ExxonMobil’s storage yard at the Wieting and Richter Wharf to get a closer look at the company’s drilling pipes and other equipment, as it prepares to start drilling its second well here. Minister Trotman was accompanied by Minister of Business, […]
The Guyana Police Force on Thursday afternoon issued a wanted bulletin for 40-year-old Gary Mervin Primo called ‘Gary Talkout’. He is wanted for questioning in relation to investigations into the abduction of 28-year-old Alpha United goalkeeper Ronson Anthony Williams and 21-year-old Carlos Anderson. The two men have not been seen since September 2015 and family […]
Regional carrier, LIAT, has announced the complete removal of fuel surcharges on all new tickets booked, effective 1st March 2016. According to a statement from the airline, Chief Executive Officer David Evans said oil is now trading at a 12-year low, ending a decade of high jet fuel costs, which has impacted the price of […]
Wedding tourism in Guyana continues to receive the push from Guyanese Businessman, Captain Gerry Gouveia, with the launch of the 8th consecutive Wedding Expo. The event will be held from April 1 -3 at The Duke Lodge in Georgetown. This year’s expo is being held under the theme “Magnificent Beginnings” and promises to return the […]
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