President calls for new approach for protection of Guiana Shield at Biodiversity Conference

(MOTP) President David Granger, on Monday, called for a three-pronged approach to be adopted for the effective protection and preservation of the Guiana Shield. This approach includes the establishment of a scientific research institute, the setting up of strong mechanisms for data and information sharing and adequate investment and funding. The Head of State made […]

Billions in VAT earnings lost due to exemptions and refunds

Over 20 Billion dollars that could have been revenue earned through Value Added Tax has been lost during the first half of the year either through exemptions, VAT refunds or leakages at the local level, newly appointed Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia has reported. Value Added Tax collection totalled $17.3 […]

Government decides to repay NIS for lost investment in CLICO

After spending several months examining the options for recouping the investment made by the National Insurance Scheme (NIS) some years ago into the now defunct Colonial Life Insurance Company (CLICO) , the government has taken a decision to repay NIS itself. Finance Minister Winston Jordan announced the decision at a press conference on Monday and […]

Opposition MP claims loss and lack of jobs, proposed parking meters and sugar production shortfall contributing to suicide cases

In a sunset presentation in the National Assembly on Thursday, PPP Member of Parliament, Vindhya Persaud, claimed that suicide cases in Guyana are linked to the loss and lack of jobs under the new government, the decline of rice and sugar production and even the proposed introduction of parking meters in Georgetown. Persaud was the […]