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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 […]
A total of $209.3 Billion has been allocated in this year’s Budget for the construction of roads and bridges, the Minister responsible for Finance, Dr. Ashni Singh announced on Friday. Dr. Ashni Singh told the National Assembly that the Government will be forging ahead with an ambitious infrastructure plan. “Since returning to office in August […]
In a budget presentation that went on for more than four hours, Minister responsible for Finance, Dr. Ashni Singh, unveiled a massive $1.382 trillion National Budget, which is 20.6% larger than last year’s budget. He said the budget will be fully financed with no new taxes, but with a heavy dependence on funds from the […]
Chairman of the Guyana Elections Commission, retired Justice Claudette Singh, has ruled against the introduction of biometrics for this year’s elections. In her ruling at the Commission which was made on Thursday, Justice Singh noted that with less than a year to go before Elections, and given the number of tasks that would need to […]
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 […]
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