By News Source Guyana on October 27, 2016
News, Politics
The Government and Opposition clashed on Thursday in the National Assembly as attempts were made to approve budget estimates for 16 Constitutional agencies. People’s Progressive Party Members raised questions relating to why the requested estimate for several agencies was reduced in the proposal put forward by Finance Minister, Winston Jordan. The House had agreed previously […]
By News Source Guyana on October 27, 2016
News, Politics
A young People’s Progressive Party member and political activist was on Thursday sworn in as the newest Member of Parliament who will occupy a seat on the opposition benches. Vickram Bharrat who hails from Diamond, East Bank Demerara has replaced PPP member Charles Ramson Jr. who recently resigned to take a scholarship in the United […]
By News Source Guyana on October 27, 2016
News, Politics
The Guyana Government on Wednesday rejected as baseless and false claims by the Opposition People’s Progressive Party’s that the proposed budget estimates for several constitutional agencies in 2017 are a reduction from what was requested and the sums approved in 2016. On Monday, the PPP slighted the government’s push for early presentation of 2017 National […]
By News Source Guyana on October 27, 2016
News, Politics
American oil giant, ExxonMobil has discovered more oil offshore Guyana as it continues its exploration. According to ExxonMobil’s partner, Hess Corporation, the drillship, Stena Carron drilled the Liza 3 well to a depth of 18,100 feet in 6000 feet of water on a location about 2.7 miles from the Liza 1 discovery. The well hit […]
By News Source Guyana on October 26, 2016
News, Politics
President David Granger has described his official State visit to Chile and meeting with President Michelle Bachelet as highly successful and one that needed to happen, as not only does it open the door to deepened cooperation between the two countries but it solidifies linkages between Chile and the Caribbean Community (CARICOM). Speaking after the […]
By News Source Guyana on October 26, 2016
News, Politics
The European Commission has released over €24.4 Million to Guyana to assist in budget support programmes. On Tuesday, the European Commission’s Director General for International Cooperation, Stefano Manservisi, signed documents triggering the release of the funds with Guyana’s Finance Minister Winston Jordan. The signing took place in the Dominican Republic. The EU had suspended disbursements […]
By News Source Guyana on October 26, 2016
News, Politics
Guyana will need to ensure it secures convictions in the area of money laundering, terrorist financing, and theft of state assets if its exit from the Financial Action Task Force (FATF) process is to be sustained. This is according to Attorney General Basil Williams, who on Wednesday declared the country’s exit from the process that […]
By News Source Guyana on October 26, 2016
News, Politics
The World Bank has given Guyana a ranking of 124 in its Ease of Doing Business report. Last year Guyana was ranked at 140. But while Guyana is doing better in terms of the ease of doing business, starting up a new business in Guyana may not be as easy. The same report has given […]
By News Source Guyana on October 25, 2016
Crime, News
A United States Customs and Border Protection Officer is slated to give evidence in a gold smuggling case against a local businessman. The Officer is the latest and seemingly the last of several overseas witnesses to offer testimony in the case against Christopher Baldeo. In this case, Baldeo is charged with smuggling four gold bars […]
By News Source Guyana on October 25, 2016
News, Politics
Urgent repair works at the Ministry of the Presidency has forced the government to temporarily hold its weekly Cabinet Meetings at the GDF Officers Mess located inside Army Headquarters, Camp Ayangana. The Ministry of the Presidency said repair works have already commenced in some sections of the main buildings of the MoTP complex. These urgent […]