Vice President justifies 6.5% salary increase, cites need for responsible spending & economic planning
Vice President Dr. Bharrat Jagdeo defended the government's decision to implement a 6.5 percent salary increase for public servants today, noting that while Guyana...
Average annual salary increase for period 2021-2023 period is actually 15.4%
Dear Editor,
Further to my letter published in the Guyana Standard online news outlet on December 11, 2023, and in the print media on December...
Decline in global US dollar reserve a consequence of rising global debt not de-dollarization...
In a recent study scrutinizing role of the U.S. dollar in global trade, local financial analyst, Joel Bhagwandin acknowledged that there is a decline...
Opposition hypocritical, suffering from selective amnesia with criticism of 6.5 percent salary increase
Dear Editor,
Recent statements by Opposition Leader, Aubrey Norton, condemning the 6.5 percent salary increase clearly demonstrates that the opposition is suffering from amnesia, is...
Finance Minister tables $25.9 Billion Supplementary Appropriation Bill
Senior Finance Minister, Dr. Ashni Singh today presented a $25.9 Billion Appropriation Bill in Parliament. It comprised of Financial Paper No. 4 of 2023...
Critics of 6.5 percent increase for public servants must examine the bigger picture
Dear Editor,
On December 8, 2023, the Government of Guyana (GoG) announced a 6.5% across the board increase for public sector employees, bringing the cumulative...
Finance Minister unveils 6.5% salary increase for public servants, govt pensioners; tax-free bonuses for...
Senior Finance Minister, Dr. Ashni Singh announced on Friday, an across-the-board salary increase of 6.5 percent for public servants, including teachers, members of the...
Guyana’s oil revenues to reach GY$2.3 Trillion by 2028 – IMF Report
By 2028, Guyana’s oil revenues will reach at least GY$2.3 Trillion (US$11B) in royalties and profit oil from at least six floating, production, storage...
Guyana still grapples with 25% youth unemployment despite increased hiring in oil, other sectors...
Despite a surge in hiring by companies within the oil, services, and construction industries, Guyana still grapples with a 25% youth unemployment rate. This...
Guyana secures US$30M IDB loan to strengthen public assistance programmes for pensioners, other groups
The Inter-American Development Bank (IDB) announced on Wednesday that it approved a US$30 million loan to strengthen the protection of vulnerable populations in Guyana.
This...
