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Recently retired Caribbean Court of Justice (CCJ) Judge, Jacob Wit, has died. In announcing his passing in a statement today, the CCJ said Justice Wit served the Court with distinction for 18 years. He retired in December, 2023. A native of The Netherlands, Justice Wit was an eminent Jurist with wide legal expertise in private […]
Acting on information received, the Guyana Police Force launched an operation in the Yarrowkabra community along the Soesdyke-Linden Highway on Monday morning. During the operation that went on for more than six hours, lawmen found a large marijuana farm and six marijuana drying camps. Those arrested and facing charges are 25-year-old Fayon Greaves, 35-year-old Kishore […]
Noting that the country’s rapid transformation has placed great pressure on the labour market to provide the requisite work-ready skills and competencies necessary to match the growing demand, the government has announced plans to develop a Labour Market Information system for persons to seek employment that matches their qualifications and skills. This was announced by […]
With hundreds of nurses migrating annually, leaving the health sector crippled, the Government intends to spend over $1.4 billion to construct new facilities for the training of new healthcare professionals. According to the Finance Minister, new training facilities will be built in the Berbice area. “We are investing heavily in the training of health science […]
Although the Central Bank recorded a deficit of $202.9 billion or 5.8 percent of GDP, at the end of 2023, Tax Revenue collection soared to $366.6 billion last year. During the presentation of the 2024 National Budget, Finance Minister, Dr. Ashni Singh said the collections were aided by strong economic growth Additionally, the Finance Minister […]
The APNU+AFC Opposition has described Budget 2024 as one that is geared towards ensuring the rich becomes richer, while other citizens continue to face the full effects of the rise in the cost of living. Minister responsible for Finance, Dr. Ashni Singh, unveiled a $1.146 trillion budget in the National Assembly yesterday, with billions of […]
With the Government tapping in to the earnings from the oil sector, the Finance Minister announced a $1.146 trillion budget on Monday, representing an increase of more than 46% over last year’s budget. There are no new taxes in the budget and a number of measures that were put in place to keep fuel prices […]
A sum of $204.1 billion has been allocated in this year’s budget to enhance road and bridge networks across the country, including a $4.2B injection into the Four-Lane Bridge at Wismar, $19.7B to advance works on the new Demerara Harbour bridge crossing and $10B for the first phase upgrades to the Linden/Soesdyke Highway. The budget […]
The Government intends to inject $97.6B into the Agriculture Sector to advance its growth and development, Finance Minister, Dr Ashni Singh, told the National Assembly today as he presented the Budget. In delivering his address, Dr Singh told the House that since 2020, the Agriculture Sector has been experiencing rapid transformation, evolving from small scale, […]
The Guyana Sugar Corporation will be given another shot in the arm as part of the government’s recovery efforts for the sugar industry with another $6 Billion budgeted for the industry this year, as part of the allocations for Agriculture. During the presentation of the 2024 National Budget, the Minister with Responsibility for Finance, Dr. […]
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