By News Source Guyana on November 28, 2018
News, Politics
APNU Member Waneka Arrindell was today re-elected as the Mayor of Linden moments after the new Linden Council was sworn into office. Arrindell edged her party colleague, Deron Adams for the top spot on the Linden municipality. The two were nominated for the post and the Council voted that the ballot be done secretly for […]
By News Source Guyana on November 28, 2018
Caribbean & International, News, Politics
Guyana and the United Kingdom are working to build relations and cooperation for the emerging oil sector in Guyana. Guyana’s High Commissioner to the UK, Frederick Hamley Case and the British High Commissioner to Guyana, Greg Quinn, are leading a delegation to the Scottish city of Aberdeen, which is aimed at building relationships to support […]
By News Source Guyana on November 27, 2018
News, Politics
The Ministry of Finance has indicated, that along with the Government and the Bank of Guyana, it will be carefully considering several issues that would be related to the move by Republic Bank to acquire Scotiabank, as announced earlier today by the two banks. In a statement today, the Finance Ministry said the agreement raises […]
By News Source Guyana on November 27, 2018
News, Politics
Finance Minister Winston Jordan announced on Monday that the Government plans to invest $52.2 billion in the education sector in 2019. He said that represents a 15.6 percent increase over the 2018 allocation. According to the Minister, the budget will address disparities in the education sector such as bridging the gap between coastal and hinterland […]
By News Source Guyana on November 27, 2018
News, Politics
When the elected councillors for the City of Georgetown meet for their first sitting, they’ll have to elect a Mayor and a Deputy Mayor from among themselves. Multiple sources within the APNU, which will have the majority on the Council, have indicated that Patricia Chase-Green will not be returning as the City’s Chief Citizen, although […]
By News Source Guyana on November 26, 2018
News, Politics
Minister of Finance Winston Jordan during his budget presentation today revealed that the Government has budgeted $1.7 billion to continue various youth initiatives, in 2019. “The Youth Innovation Project of Guyana, which is aimed at fostering a green economy, is in receipt of 271 proposals for project implementation, of which 30 have qualified to receive funding […]
By News Source Guyana on November 26, 2018
News, Politics
The 2019 Budget which was presented by Finance Minister Winston Jordan today in the National Assembly outlines a number of fiscal adjustments, which he believes, will provide benefits for employees and senior citizens. The $300.7 Billion budget was presented under the theme: “Transforming the Economy, Empowering People, Building Sustainable Communities for the Good Life.” Old […]
By News Source Guyana on November 26, 2018
News, Politics
Finance Minister, Winston Jordan, today announced that the minimum wage in the public sector will now be $64,000 per month, which represents a $4000 increase over the previous minimum wage. “Mr. Speaker, as was the case last year, these increases are effective from January 1, 2018. In effect, the retroactive increase means someone earning $60,000 […]
By News Source Guyana on November 26, 2018
News, Politics
-by Ravin Singh- Despite lower-than-expected performance in the gold and sugar industries for 2018, Guyana’s real Gross Domestic Product (GDP), grew by 3.4%, Minister of Finance Winston Jordan announced today during his 2019 Budget presentation in the National Assembly. Real GDP is an inflation-adjusted measure that reflects the value of all goods and services produced […]
By News Source Guyana on November 26, 2018
News, Politics
The Ministry of the Presidency has announced that President David Granger, continues to take precautionary measures in light of his recent diagnosis of Non-Hodgkin Lymphoma. He has been advised by his doctors to scale down on his public engagements during the remainder of his treatment cycle. The President’s office explained that due to his […]