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There are new reports today that the Exxon Mobil Oil company intends to assist Guyana financially in its efforts to have a judicial settlement of the border controversy with Venezuela. Senior Government sources have reported that the exxon company has reportedly set aside just under US$20 million to assist Guyana with legal fees and other […]
Weeks after US oil giant – Exxon Mobil – went public and announced that it is prepared to make its contract with the Government of Guyana public, the administration has also announced that the contract will be released to the public. Despite calls from sections of society for greater transparency regarding the agreement, the Government […]
President David Granger on Wednesday brushed aside concerns raised by the National Trust over his decision to begin repainting State House without first consulting with the National Trust. The National Trust of Guyana said last week that although there are no laws or regulations governing the repainting of the building, it had written the government […]
The Guyana Gold and Diamond Miners Association (GGDMA) has welcomed what it described as “the tangible results” of its meaningful consultation with the Government of Guyana on Budget 2018. It said the budget contained measures that will have tremendous positive impacts in expanding and sustaining the local mining industry, but also the economic well-being of […]
President David Granger this morning said his government intends to respect the High Court’s ruling which has rendered the directive to the Police Service Commission to put a hold on the planned promotions of Senior Police Officers, as unlawful and unconstitutional. But while the Head of State has noted admiration for the ruling handed down […]
The Government of Guyana will continue to focus on the education sector over the next fiscal year. Several measures and initiatives were announced by the Finance Minister during his Monday afternoon budget presentation. In an effort to improve the access to quality education in the hinterland communities, the Government has decided to increase the allowances […]
Government is expected to spend big on youth empowerment and youth employment initiatives and has set aside funds in the 2018 National Budget to support its twin pillars of development for the nation’s youths. In the presentation of the budget to the National Assembly on Monday, Finance Minister Winston Jordan said in 2018 the APNU+AFC administration […]
After failing to meet a revised growth rate in 2017 and only achieving a minimal growth of 2.9%, Guyana’s economy is targeted to grow by 3.8%, exactly the same as the initially projected 3.8% in 2017 which was not achieved. With the non-sugar growth rate anticipated to be 4.6 percent, Finance Minister Winston Jordan told […]
Minutes after Finance Minister Winston Jordan wrapped up his 2018 budget presentation, Opposition Leader Bharrat Jagdeo, wasted no time to describe the budget as “unimaginative and torturous.” Jagdeo and the Opposition People’s Progressive Party had refused to participate in the budget consultations, but instead released a list of measures they wanted to see. At the […]
-by Kurt Campbell- With a promise to build on the Coalition government’s “impressive achievements” over the last two years, Finance Minister Winston Jordan on Monday unveiled the $267.1 Billion 2018 National Budget during an almost four-hour presentation in the National Assembly. The budget includes measures to improve quality of life with the removal of the […]
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