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In light of an escalation in some types of crime, the Government has proposed $29.1B for the security sector in the 2017 Budget and this will complement efforts to increase recruitment of police officers by some 20% as it seeks to strengthen its crime prevention and reduction strategy. This announcement was made by Finance Minister, […]
Leader of the Opposition, Bharrat Jagdeo, has described the 2017 National Budget as “ominous” and believes it has done nothing to add growth to the economy. At a press conference just after the Finance Minister unveiled the government’s $250 Billion 2017 budget, Mr. Jagdeo said the budget “is the worst I have ever seen”. Jagdeo […]
Officials from the Civil Aviation Authority have started to probe an incident which occurred at the Cheddi Jagan Airport this morning resulting in two planes being grounded. A parked Fly Jamaica 767 aircraft was badly damaged when part of the wing of a Caribbean Airlines plane that was taxiing connected with the exhaust area of […]
The Government is still looking to see if it could afford a year end bonus for public servants, but Finance Minister, Winston Jordan might not want them to hold their breaths for that bonus. In an interview with News Source just after he unveiled government’s $250 Billion budget for 2017, the Minister explained that there […]
The Value Added Tax will be reduced from 16% to 14% and marks a move by the coalition government to begin honouring one of its campaign promises. Finance Minister Winston Jordan made the announcement on Monday during his budget presentation. The Minister also announced that several other items will be added to the VAT exemption […]
With the sugar industry recording yet another year of financial losses, the Government of Guyana will be injecting $9 Billion into the sugar industry and the operations of the Guyana Sugar Corporation. The announcement was made by Finance Minister Winston Jordan during his budget presentation on Monday afternoon. Minister Jordan told the National Assembly that […]
Guyana recorded a 2.6% growth rate in 2016, which is far below the projected 4% growth that the government was hoping would have taken place. Finance Minister, Winston Jordan, made the disclosure on Monday afternoon during his budget presentation in the National Assembly. Jordan told the Assembly that the loss of the rice market in […]
The Guyana Police Force on Monday announced that some of its Ranks “are making stringent efforts to apprehend a male suspect, who indiscriminately discharged several rounds from a handgun, in the vicinity of a popular gas station, located on the East Coast of Demerara.” The Police statement said a group of persons were in the […]
Vice President and Minister of Foreign Affairs, Carl Greenidge has issued a call for the Public Service Commission (PSC) to be “considerably revamped” since he believes that its idea of what is needed at the Foreign Ministry is “largely irrelevant.” The Minister expressed this view on Saturday, while confirming that there is indeed human resource […]
An East Ruimveldt man who fired a shot at a licensed gun owner after the man objected to him placing beer bootles on his car, is now nursing three gunshot wounds to his chest and abdomen after the man he shot at returned fire. The incident happened just around 2:00am at the popular Wings and […]
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