Government is on track to delivering its manifesto promise of awarding 20,000 scholarships to Guyanese within its first five years in office. However, in 2023, that promise will be fulfilled, two years earlier. Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh, during his presentation of Budget 2023, said […]
Government has announced plans to set up four new call centres in Essequibo and Berbice, to increase employment in the business process outsourcing (BPO) industry. With the creation of the four new centres, 800 new jobs will be made available, with the potential to scale up to 1,600. Senior Minister in the Office of the […]
Government continues to provide tremendous support for small business development in Guyana with $584.2 million allocated to the Small Business Bureau (SSB) and $300 million allocated specifically to help small businesses in 2023. This was announced by Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh during his […]
In the 2023 budget, $43.4 billion has been allocated for the advancement of the Wales Gas-to-Energy project, set to significantly lower the cost of electricity, triggering rapid growth in industrial activity, and promoting a smooth transition to renewable energy sources countrywide. Senior Minister within the Office of the President with Responsibility for Finance, Dr Ashni […]
With 102 lifts of one million barrels of crude oil from the floating production storage and offloading (FPSO) vessels offshore Guyana, the country has earned US $1.099 billion from its sale. This was revealed by Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh, during the presentation of Budget […]
The Guyana Sugar Corporation (GuySuCo) has been allocated some $4 billion in 2023, to start construction of the Albion packaging plant and expand the capacity of the Blairmont packaging plant, among other significant undertakings. Since returning to office, the administration invested over $10 billion in plants and equipment, rehabilitated cane fields at all factory locations, […]
Government remains keen on ensuring Guyana has a vibrant, diverse, and resilient agriculture sector and has implemented measures to guarantee its success. These measures have accounted for the major increase in the agriculture, forestry, and fishing sector, which grew by 11.9 per cent in 2022. Senior Minister in the Office of the President […]
Guyana’s economy saw a 62.3 per cent overall growth in 2022, driven by stellar performance in the oil and gas sector. This was disclosed by Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, as he presented the 2023 National Budget on Monday under the theme “Improving lives today, […]
With continued focus on improving lives and creating opportunities for all Guyanese, the nation will again witness the People’s Progressive Party/ Civic (PPP/C) Government unveiling a host of well thought out measures to aggressively transform the country. Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh is expected to […]
The budgets presented by the PPP/C Government continue to be guided by the commitments made in its 2020 manifesto, Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh has stated. Addressing the 2023 budget, set to be presented in the National Assembly Monday, Dr Singh said the budgets are […]