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Guyana received a total of US$2.6 Billion in oil revenues and royalties in 2024, the Minister responsible for Finance disclosed today, as he presented the 2025 National Budget. The funds were deposited into the Natural Resource Fund (NRF). “Deposits into the NRF in 2024 amounted to US$2.6 Billion. The fund received US$2.2 Billion in profit […]
Although it recorded a dismal performance that saw the worst year in sugar production last year, the Government is pushing ahead with its plans to revitalize the problem plagued industry with an allocation in this year’s budget of $13.3 Billion for the Guyana Sugar Corporation. The allocation is more than double last year’s allocation of […]
Delivering the 2025 National Budget under the theme: “A Secure, Prosperous and Sustainable Guyana”, Minister responsible for Finance and the Public Service, Dr. Ashni Singh, painted a bright picture of the country’s economic performance and prospects. He boasted that Guyana’s economy recorded a record setting 43.6% overall growth rate last year, with the non-oil economy […]
Speaker of the National Assembly, Manzoor Nadir, on Friday redistributed the Parliamentary Handbook to Members of Parliament to remind them of the unparliamentary words and phrases that cannot be used in the Assembly, and making it clear that the list existed long before he took the seat as Speaker. Some Opposition Members have raised concern […]
In a meeting with the Private Sector Commission (PSC) on Thursday, the Alliance For Change (AFC) said it presented its vision for Guyana, as it seeks to expand its support base ahead of the upcoming General and Regional Elections. The meeting took place at the Private Sector Commission Office. “The AFC, of course, presented its […]
With the Opposition pressing for the release of the 2022 national census report, Vice President Bharrat Jagdeo on Thursday said he had no information on the possible release date of the census. In October 2024, the Bureau of Statistics said a preliminary report on the census would be released “soon”. However, there has been no […]
Charges of fraud and conspiracy against former Public Works Minister David Patterson in relation to a feasibility study for the new Demerara River Bridge, were dismissed this morning by the Magistrates’ Court. Patterson and the former General Manager of the Demerara Harbour Bridge Rawlston Adams were charged for defrauding the Demerara Harbour Bridge Company in […]
The Occupational Health Safety and Health Department of the Ministry of Labour has launched an investigation into yet another workplace death. The latest incident took place on Thursday at the John Fernandes Limited wharf facilities on Water Street in Georgetown. 63-year-old Stevedore, Dallas Sharples, lost his life in the incident. Sharples was employed at the […]
On the heels of President Irfaan Ali and the PPP Government receiving the endorsement of former APNU Member of Parliament, James Bond, the General Secretary of the PPP, Vice President Bharrat Jagdeo today said there was no promise made to Bond for his endorsement. Bond is a member of the PNC Reform, and once served […]
On the eve of the National Budget presentation, the Alliance For Change (AFC) is demanding that the income tax threshold, the minimum wage and the old age pension be increased significantly. Executive Member of the Alliance For Change (AFC) and Opposition Member of Parliament, Juretha Fernandes made the party’s position known during a press conference […]
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