─ 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 […]
Several Queen’s College students have performed exceptionally at the 2021 sitting of the Caribbean Secondary Education Certificate (CSEC) and the Caribbean Advanced Proficiency Examinations (CAPE). Samuel Haynes of the country’s premier secondary institution is the overall outstanding student at CAPE, with nine grade ones, while Zaynab Shaffie, achieved 18 grade one passes and two grade […]
The law explicitly prohibits the misuse or misapplication of public funds, which Guyana’s petroleum revenues are, and outlines penalties for failure to adhere. Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh has said that it is “absolutely inaccurate and false” to say there are no penalties for misappropriation […]
The Maritime Administration Department (MARAD) notes with concern a recent arrest/detention by the Senegalese Customs of the Motor Vessel EOLIKA purportedly bearing Guyana registration. The vessel’s registration expired on 10th December 2021. MARAD understands that a search of the said vessel unearthed illegal arms and ammunition on board. The vessel in question is not contained […]