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Guyana’s External Public and Publicity guarantee (PPG) debt grew by 3.8% from US$1,571.9 million at the end of last year, to US$1,631.1 million at end-June 2023. The Ministry of Finance stated in its half-year report that the increase in debt is due to an increase to positive net flows from bilateral creditors such as Eximbank […]
The Ministry of Finance has indicated that a total of $26.4B has been expended on the Security Sector between January-June of this year. In its half-year report, the Finance Ministry said the monies expended in the sector is to advance efforts which are consistent with Government’s commitment to ensure safety and security. In relation to […]
Investigators from the Guyana Police Force have launched a probe into the early Sunday morning shooting death of a man at Mon Repos on the East Coast of Demerara. The Police said the dead man’s name was given as only “Shawnie”. According to the Police report, persons in the vicinity of Third Street, Mon Repos […]
A day of celebration turned into a night of mourning for a Berbice family as a father and his daughter were among four persons killed in a smash-up between two vehicles at Mahaica on the East Coast of Demerara on Saturday night. Tragedy struck as Guyoil employee Jason Rudder and his 11-year-old daughter Jamela Rudder […]
Five months after a High Court Judge warned against delaying the appointment of a substantive Chancellor and Chief Justice, President Irfaan Ali has offered no clear indication when those appointments will be made. Instead, at a press conference on Saturday, the President repeatedly dodged questions on the issue, saying that there are two persons acting […]
Guyana’s economy continues to record strong growth and performance. In its mid-year report, the Ministry of Finance has revealed that in the first half of this year, the country has recorded economic growth of 59.5%, with the non-oil economy recording 12.3% growth. The Ministry said the country is on track to record overall growth for […]
As the President and the Opposition Leader continue to trade blame over their failure to meet on matters of national importance including Constitutional appointments, President Irfaan Ali defended himself today and said he has had “eight formal communications” with the Leader of the Opposition, Aubrey Norton on Constitutional matters in a period of 14 months. […]
Leader of the People’s National Congress Reform (PNCR), Aubrey Norton today offered no guarantees that the Party’s Biennial Delegates Congress will be held in December of this year. Instead, he hinted that it will possibly be delayed by several months. Confronted on the issue during a press conference today, Mr. Norton said while the Party’s […]
The Leader of the Opposition Aubrey Norton today said he is prepared to hold talks with President Irfaan Ali on a number of Constitutional matters, though not optimistic that those talks will take place anytime soon given the Government’s posture towards the Opposition. Last week, the US Ambassador expressed a willingness to broker talks between […]
The Ministry of Finance has announced that the Government has withdrawn another G$41.6B from the Natural Resource Fund, pushing the total withdrawal for this year to G$124.8B. The Minister responsible for Finance said the money was transferred from the Natural Resource Fund to the Consolidated Fund to finance “national development priorities” in accordance with the […]
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