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New Merchant Bank can facilitate local private sector growth – President Ali

His Excellency Dr Irfaan Ali said that the Guyanese-owned New Hayven Merchant Bank will help to facilitate the growth of the private sector. The Head of State made the remarks while delivering the feature address at the launching ceremony of the new bank at the Marriott Hotel on Thursday night. The Merchant Bank will mobilise […]

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East Coast Corridor will become symbol of transformation – President Ali

His Excellency Dr Irfaan Ali said that the addition of the AC Marriott at Ogle would help convert the East Coast of Demerara corridor into a “symbol of transformation”. The President made this statement on Thursday afternoon, during the sod-turning exercise for the 150-room hotel, which would be constructed at a cost of approximately US$45m. […]

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Eight Opposition MPs suspended from the National Assembly

– after passage of Privileges Committee Report The National Assembly on Thursday officially passed the report of the Committee of Privileges, which recommended the suspension of eight Opposition Members of Parliament (MP). Ministry of Parliamentary Affairs and Governance, Gail Teixeira implored the now suspended MPs to take the time to sit and rethink their actions […]

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New Merchant Bank to support growth of private sector, govt

─ Pres. Ali says investment aligns with national development priorities The NewHayven Merchant Bank, which was officially launched on Thursday, will play a crucial role in bringing the much-needed finance and capital to develop small business, and advance infrastructural development in keeping with the government’s developmental agenda. The Guyanese-own bank, located on Church Street, Georgetown […]

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$1.9B Albion packaging facility will help to return sugar to profitability – Minister Mustapha

The state-of-the-art packaging facility coming to the Albion/Port Mourant Sugar Estate, Corentyne, Berbice, will cost $1.9 billion, and is expected to be completed by February 2024. Minister of Agriculture, Zulfikar Mustapha, who on Thursday, set the records straight in the National Assembly about the massive project, said it will further drive government’s commitment to make […]

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APNU/AFC treated public servants callously – says Finance Minister

Finance Minister Dr. Ashni Singh yesterday during the 48th Sitting of the 12th Parliament lambasted the A Partnership for National Unity/Alliance for Change (APNU/AFC) for that party’s treatment of public servants during its term in office as he added that while pretending to care for public servants through a motion moved in Parliament seeking support […]

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Smart classroom will be re-established at North Ruimveldt Secondary

The North Ruimveldt Secondary School, once rebuilt, will be outfitted with another smart classroom to replace the one that was destroyed in the fire last year. Minister of Education, Priya Manickchand responding to questions about the reconstruction of the school from opposition member of Parliament Natasha Singh-Lewis on Thursday, said, “We will be happy to […]

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Finance Minister tables agreements for world class Regional hospitals, health care countrywide

As Government moves to modernize the healthcare system throughout the country, Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, today tabled two agreements in the National Assembly to cater for the construction of modern health care facilities in five of Guyana’s ten Regions during the 48th Sitting of […]

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Second notification made to Parliament of all petroleum revenues paid into the NRF

– as Government continues to show commitment to transparency and accountability in the management of Guyana’s oil resources Senior Finance Minister Dr. Ashni Singh today presented Notification Receipts to the National Assembly of all petroleum revenues paid into the Natural Resource Fund (NRF) during the period 1st April 2022 to 30th June 2022, pursuant to […]

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