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The Government has come in for praise from the commercial sector with the Private Sector Commission (PSC) and the Guyana Manufacturing and Services Association (GMSA) stating that the $1.146 trillion Budget is an indication of the Government’s commitment to fostering economic growth and development. The PSC, in a statement, said the key highlights of the […]
Minister of Home Affairs, Robeson Benn said although the total number of recorded serious crimes in Guyana fell by 17% in 2023, cases of murders and gun-related crimes including robberies remain a major challenge for the Guyana Police Force. At a press conference this morning, Minister Benn said while he was pleased with the overall […]
The preliminary report on the investigations into the crash of the GDF Bell 412 helicopter that claimed the lives of five Servicemen, is expected to be completed soon and handed over to the Minister of Public Works, officials at the Guyana Civil Aviation Authority have indicated. The Guyana Civil Aviation Authority is leading the investigations […]
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 […]
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 […]
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