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As restoration works continue at the iconic City Hall building, over $263.1 million has been approved for the restoration efforts. Minister of Local Government Nigel Dharamlall said the project will be completed within its 18-months timeline. The restoration project totals some $780 million. As the Committee of Supply entered its third day of considering the […]
The Education Ministry will be moving to rebuild several schools that were destroyed by fire over the last few years and will also renovate and conduct remedial works on a number of schools in and around the city. As it relates to the St. George’s Secondary school which was gutted by an electrical fire last […]
The Transparency International Group believes there is need for a greater level of transparency in Guyana’s Extractive Sector. In its latest corruption index report, the Transparency Group gave Guyana a score of 40 when it comes to issues of corruption and transparency. The corruption index by the global anti-corruption watchdog is based on a combination […]
The Minister of Natural Resources, Vickram Bharrat has announced that the new Petroleum Production Licenses for the oil and gas sector will include an auditing fee, which will be paid to a Petroleum Account currently being managed by the Guyana Geology and Mines Commission (GGMC) The Minister was at the time responding to questions from […]
As government gears up to conduct a review of the Local Content Act, it has set aside some $50M for the Local Content Secretariat, and part of that money will be used to facilitate consultation. Minister of Natural Resources Vickram Bharrat made the disclosure today as the Committee of Supply considered the National Budget. This […]
The National Drainage and Irrigation Authority (NDIA) is in line to receive $16 billion while an additional $1 billion has been set aside under the Flood Risk Management Project, under which some 400,000 residents are expected to benefit as Government seeks to mitigate flooding in the country. As the Committee of Supply considered the budget […]
The Government is hoping to provide some 30,000 hinterland households with 150KW solar panels, Prime Minister Mark Phillips told the Parliamentary Committee of Supply on Monday. The $1.75 billion project is expected to benefit some two hundred communities, the Prime Minister said. In September 2021, the government of Guyana and the Government of India through […]
The Exxon Mobil Corporation has announced that its earnings for the year ending 2022, increased by a staggering US$32.7 Billion , taking its full-year earnings last year to US$55.7 billion compared with $23 billion in 2021. The company said its fourth quarter earnings for 2022 was $12.8 billion while its Capital and exploration expenditures were […]
The Government has set aside $500M for the President’s ‘Men on a Mission’ initiative in this year’s budget. While the programme is intended to serve the poor and vulnerable and address issues affecting men, the Opposition has expressed grave concern over the management of the resources, and the criteria that would be used to select […]
Three persons who were found in a Prashad Nagar home last week with more than two pounds of cocaine were charged and remanded to jail today. 63-year-old Lena Narine, 54-year-old Sherman Edmonson and 49-year-old Earl Branch appeared before City Magistrate Sherdel Isaacs this mornng and pleaded not guilty to the charge of possession of cocaine […]
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