Nandlall says power generation issue will be stabilized within two years

Attorney General Anil Nandlall has reassured that the country’s power generation issue will be completely stabilized within two years, thereby completely ending blackouts. Speaking during this weekly Issues in the News programme, Mr. Nandlall said the investments announced in the budget for the energy and power generation sector is another installment to build out aged […]

Budget measures crafted to help Guyanese save money -says Pres. Ali

President Irfaan Ali has defended his Government’s $1.558 Trillion budget, outlining that citizens stand the most to benefit. In a recorded broadcast released by his office, the President said this year’s budget is expected to bring the Government’s developmental plan alive, which includes the development of the people of Guyana by putting more monies in […]

$1.558 Trillion Budget will produce country’s biggest deficit -Dr. Terrence Campbell

Projecting that the $1.558 Trillion National Budget will produce one of the country’s biggest deficits, and force the Government to borrow hundreds of billions of dollars to finance its projects and programmes this year, APNU Parliamentary Lead, Dr. Terrence Campbell today said the budget was lopsided and heavy on infrastructure with not enough measures in […]

Opposition Leader sees Budget 2026 as failing to address challenges facing citizens of Guyana

Leader of the Opposition, Azruddin Mohamed has stated that the $1.558 Trillion Budget fell “woefully short” of addressing the challenges confronting the people of Guyana. In an interview with News Source moments after the budget was presented last evening, the Opposition Leader said the 2026 Budget fails to reflect the realities of the Guyanese people, […]

$119 Billion to be spent on expansion and diversification of Energy sector

The Government is proposing to spend a staggering $119 billion this year to expand and diversify energy, from upgrading distribution lines, to completing phase one of the Gas-to-Energy project and expanding solar energy. As it relates to the delayed Gas-to-Energy project, the Finance Minister acknowledged during his budget presentation that there have been delays, but […]

Government unveils $1.558 Trillion Budget

The Irfaan Ali Administration unveiled a $1.558 Trillion Budget to the National Assembly for 2026 with a menu of measures that include a $100,000 cash grant for every citizen, school grants totaling $85,000, tax waivers and the introduction of an annual transportation grant for children and pensioners. In his budget presentation, which spanned over six […]

$191 Billion to be spent on developing road and bridge network

The Government intends to spend more than $191 Billion this year to further develop the country’s’ road and bridge network, Finance Minister Dr. Ashni Singh said today. During the presentation of the 2026 Budget, the Finance Minister laid out Government’s infrastructure plan which includes the construction of new highways, expansion of current ones and construction […]

GuySuCo to receive another $13.4 Billion in revitalization effort

Although missing its 2025 target, the low producing Guyana Sugar Corporation is set to receive another major financial boost from the Government. Finance Minister Dr. Ashni Singh, announced today that GuySuCo will receive a further $13.4 Billion this year to continue its work. Earlier in his budget presentation the Finance Minister noted that despite the […]