Vice President, Dr. Bharrat Jagdeo said that there are more jobs now than when the PPP/C assumed office in August 2020, and that Guyanese also have more disposable income. “If you ask me, ‘are more people working today than when we came into office?’ The answer is yes… The answer is a bold yes, significantly […]
The Opposition is in no position to lecture anyone on the reduction of taxes based on their track record in office. That was the position taken by Vice President, Dr. Bharrat Jagdeo in response to proposals by the Opposition on measures to bring relief to citizens. “I find it very strange that a party that […]
The 2016 Production Sharing Agreement (PSA) signed between the Government of Guyana and ExxonMobil has been widely criticised for its lopsidedness. But now with the passage of the local content legislation, Vice President Dr. Bharrat Jagdeo said the law now recoups the benefits lost from the Exxon deal. “This has suddenly made Guyanese companies very […]
─ says will ensure Guyana borrows less- Vice President Dr. Bharrat Jagdeo said Budget 2022 will be financed partly by Guyana’s oil revenues. This will be Guyana’s first withdrawal from the Natural Resource Fund (NRF) since Guyana started collecting oil revenues in early 2020. In a virtual interview with National Communications Network (NCN), Dr. Jagdeo […]
Infrastructure, tax reductions and the overall welfare of Guyanese will take a huge portion of Budget 2022, which is set to be read in the National Assembly on Wednesday, January 26. This was disclosed by Vice President, Dr. Bharrat Jagdeo during an interview with the National Communications Network (NCN) on Friday. The Vice President said […]
Senior Finance Minister Dr. Ashni K. Singh has announced that Budget Day for this year will be Wednesday January 26, 2022. The Minister had been over the last several months meeting and consulting with various stakeholders includingGovernment Ministries, private sector and other agencies as preparations continued for the new Budget. This Budget is expected to […]
Scores of Malali residents will soon be gainfully employed in the quarrying industry. This follows the signing of a lease and addendum to mining agreements between the Ministry of Amerindian Affairs, and the Malali Quarry Inc and the Malali Village Council, on Friday. Following the signing, Minister, Pauline Sukhai, MP, commended the village council for […]
The construction of the Lusignan Prison is moving apace and is expected to be completed by the end of the first quarter of this year. This was disclosed by Director of Prisons (ag) Nicklon Elliot on Friday, after a walkthrough of the facility. “Currently the construction work on this location is about 70 per cent […]
As the government commences its search for a consultant to review the Yellowtail Field Development Plan (FDP), 11 international firms have tendered bids to secure the project. Details from a recent tender opening at the National Procurement and Tender Administration Board (NPTAB) show the following bids: Infinity Services and X Well Mexico (US$617,500); Orwell Offshore […]
As government continues its stride towards strengthening the country’s legal framework, Minister of Parliamentary Affairs and Governance, Hon. Gail Teixeira, M.P, said several bills will soon be laid in the National Assembly. In addition to the five bills to be read to the House on Monday, Minister Teixeira explained that the government has already begun […]