News

Billions in VAT earnings lost due to exemptions and refunds

Over 20 Billion dollars that could have been revenue earned through Value Added Tax has been lost during the first half of the year either through exemptions, VAT refunds or leakages at the local level, newly appointed Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia has reported. Value Added Tax collection totalled $17.3 […]

Government decides to repay NIS for lost investment in CLICO

After spending several months examining the options for recouping the investment made by the National Insurance Scheme (NIS) some years ago into the now defunct Colonial Life Insurance Company (CLICO) , the government has taken a decision to repay NIS itself. Finance Minister Winston Jordan announced the decision at a press conference on Monday and […]

Opposition MP claims loss and lack of jobs, proposed parking meters and sugar production shortfall contributing to suicide cases

In a sunset presentation in the National Assembly on Thursday, PPP Member of Parliament, Vindhya Persaud, claimed that suicide cases in Guyana are linked to the loss and lack of jobs under the new government, the decline of rice and sugar production and even the proposed introduction of parking meters in Georgetown. Persaud was the […]

CDB approves major grant to help digitization of Caribbean Music

The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant to support the digitalisation of Caribbean music. Guyana is among the Caribbean countries to benefit from the initiative. According to a statement from the CDB, the intervention responds to the global shift to digital music distribution, which has placed the Caribbean […]

Government lays Cyber Crime Bill in National Assembly

The Government of Guyana is taking its crime fight to the information superhighway and has laid a Cyber Crime Bill in the National Assembly as part of its efforts to tackle online criminal activity. Minister of Legal Affairs and Attorney General, Basil Williams, laid the Bill and asked that it be sent to a Special […]