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Minutes after Finance Minister Winston Jordan wrapped up his 2016 budget presentation, Opposition Leader Bharrat Jagdeo took to the media, describing the annual fiscal plan as “anti-development, anti-poor and disappointing”. Jagdeo decried the $230 Billion financial plan and trashed the theme, saying the measures were no guarantee for the restoration of confidence or the stimulation […]
The Government of Guyana has announced sweeping changes in the taxes associated with the importation of motor vehicles that it hopes will trigger better care for the environment. Finance Minister Winston Jordan on Friday announced that the government will remove the excise tax on motor vehicles that are under four years old and which would […]
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 […]
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