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With the sugar industry set to receive a $13.3B boost from the Government this year, it has set an ambitious production target for the industry, projecting triple digit growth in 2025. “The sugar growing subsector is projected to turn around and record growth of 115.4 percent in 2025. A production target of approximately 101,000 metric […]
The regional grouping, CARICOM, has welcomed the Posthumous Pardon granted by the Biden Administration to Jamaican civil rights and political activist, Marcus Garvey. In expressing its gratitude for the posthumous pardon granted by the President Joe Biden administration, CARICOM said the long-awaited exoneration is testament to the unwavering advocacy of CARICOM leaders, both individually and […]
The gold mining sector continues to record poor performances with slow signs of a recovery. In 2024, the sector recorded a growth in production of just 0.5%, according to figures from the National Budget. The Government intends to continue to provide support to small and medium scale miners. Since 2020, the value added tax has […]
The Government has allocated $34.4 Billion to the Guyana Police Force in this year’s Budget, with heavy focus on infrastructure development within the Force. During his Budget presentation, the Finance Minister said in 2024, the sum of $5.2 billion was expended to advance infrastructural works including the ongoing construction of the Force’s new Brickdam Police […]
A 28-year-old man from Victoria on the East Coast of Demerara has been taken into Police custody for the murder of his own brother. 34-year-old Akeem Prince was chopped to death during a row with his younger brother early this morning at their Victoria home. The suspect, Kareem Prince, is expected to face charges in […]
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re diving into the highlights of Guyana’s 2025 Budget Speech, titled “A Secure, Prosperous, and Sustainable Guyana.” This article offers a quick overview of key elements of the budget and a breakdown of what it means for the average Guyanese citizen and the […]
By Svetlana Marshall Leader of the Opposition, Aubrey Norton, has described the 2025 National Budget as one that will have very little impact on the lives of the majority of citizens. In an interview with News Source, Mr. Norton said with the Oil and Gas Sector now raking in billions of US dollars annually, the […]
The Government will this year design and construct a Centre of Excellence for Cancer Treatment, Senior Minister responsible for Finance, Dr Ashni Singh announced on Friday in his Budget presentation. The healthcare sector is set to receive an allocation of $143.2 Billion in 2025. In addition to the Cancer Treatment Centre, the Government will also […]
The country’s energy sector is poised to benefit from a further $88 Billion this year as the Government pushes to stabilize sector, Finance Minister Dr. Ashni Singh has said. The main focus, he said, is to boost the capacity of the Guyana Power and Light Company as well as to ensure the gas-to energy project […]
The Ministry of Housing’s Central Housing and Planning Authority will be given $112.6 Billion this year to develop new and existing housing areas, Minister responsible for Finance, Dr. Ashni Singh has announced. During his National Budget presentation on Friday, Dr. Singh said already some 85 new and existing housing areas have been developed as the […]
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