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Local Content Bill recommends $50M penalty for oil companies, sub-contractors’ breaches

Government’s Local Content Bill is proposing a GY$50 million penalty for oil companies and their sub-contractors who breach the Act. In the document which was tabled in the National Assembly on Thursday, under subheading ‘offences and penalties’, a person who carries out petroleum operations without the minimum local content requirements, is liable to a fine […]

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House approves over $56M to boost law reform consultancies in Guyana

The National Assembly, Thursday evening approved the $56.8 million supplementary budget for the provision of additional inflows under the Inter-American Development Bank’s (IDB) loan. The loan caters for the operations of law reform in Guyana – a programme that the PPP/C Government had to “invigorate with energy” when it assumed office in August 2020. Attorney […]

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Organ transplant Bill tabled in the National Assembly

Minister of Health, Dr Frank Anthony, M.P on Thursday tabled a Human Organ and Tissue Transplant bill in the National Assembly. This is part of the government’s agenda to transform and build capacity within the country’s health sector. It is an Act to make provisions for the removal of human organs, tissues, cells and biofluids for […]

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$7.7 B supplementary cleared for infrastructural works, four-lane highway

The National Assembly, on Thursday, approved the sum of $7.7 billion for the Ministry of Housing and Water to execute infrastructural works in new and existing housing schemes, and the construction of the Eccles to Diamond four-lane highway. The supplementary funding was sought during the 33rd sitting of the 12th parliament at the Arthur Chung […]

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Local Content Secretariat proposed in “historic” legislation

In the hallmark Local Content Legislation tabled in the National Assembly on Thursday, the Government has proposed that a Local Content Secretariat be established. This Secretariat, the Bill indicates, will be established within the Ministry of Natural Resources and shall consist of a director and other members, appointed by the Minister of Natural Resources. The […]

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$3.4 billion approved for medical supplies, reagents for Covid -19 hospital

A supplementary provision was today approved in the National Assembly for $3,352,229,664 for the ‘provision on medical supplies for Covid 19- Hospital Consumables and reagents.’ Minister of Health Dr. Frank Anthony, while answering questions from opposition Member of Parliament Dr. Karen Cummings, explained out of that amount, $1.5 billion will be used for the procurement […]

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$2.4B for sea defence, baggage system upgrade at CJIA

The Ministry of Public Works received just over $2.4 billion in supplementary funding on Thursday, to offset critical works including the reconstruction of bridges nationwide and enhancement of sea and river defences. Some $115 million has been made available to provide additional resources for sea and river defence works in critical areas along the Essequibo […]

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Passage of Supplementary Appropriation Bill gives boost to crime fighting

─More vehicles for police Government’s crime fighting strategy has been given a major boost with the approval of $225 million to provide a full complement of vehicles to the Guyana Police Force (GPF). The sum was approved as part of a larger $475.7 million budget for the Ministry of Home Affairs. Minister of Home Affairs, […]

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National Assembly passes $21.4 B Supplementary Provision

The National Assembly on Thursday approved a supplementary provision of $21,477,833,982 in capital and current expenses. The House approved a capital estimate of $42,346,488 for the provision of additional inflows under the Inter-American Development Bank’s (IDB) investment grant for the acceleration of microgrids in Regions One, Two, Seven, Eight and Nine, under the Office of […]

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$434M more for Amerindian Development

The PPP/C Government is further executing its manifesto promise of bringing significant development to Amerindian communities, by allocating hundreds of millions of dollars in supplementary funds to advance their economic projects. The National Assembly, Thursday, approved the sum of $434,000,000, which will allow numerous Amerindian communities to commence a project to better the lives of […]

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