VP Jagdeo forecasts debt clearance for Guyana in 2027 using single-year of oil revenues

With Guyana expected to produce over 1.2 million barrels of oil per day from the Stabroek Block by 2027, Vice President Dr. Bharrat Jagdeo...

Critical Review of the Opposition’s proposed alternative development plan

By Joel Bhagwandin, MSc. ‌The political opposition (APNU/AFC) recently outlined its alternative development plan for the country should it win the next general elections in...

NewHayven Merchant Bank to close 2023 with US$45M deployed to Guyanese businesses

NewHayven Merchant Bank, under the stewardship of Certified Public Accountant (CPA) Floyd Haynes, is set to deploy an impressive US$45 million in funding to...

Bhagwandin questions political agenda of US delegation leading fact-finding mission into racial discrimination claims

Bhagwandin questions political agenda of US delegation leading fact-finding mission into racial discrimination claims Dear Hon. Dr. Dee Dawkins-Haigler and Hon. John King et.al, I am...

Concerns about oil audit scope and penalties requires closer look at 2016 PSA

Dear Editor, There were several reports in a certain section of the media highlighting a number of the cost oil audit findings for the...

Govt. makes US$100M withdrawal from oil account

The Ministry of Finance disclosed on Friday that it made the sixth withdrawal from the Natural Resource Fund (NRF), amounting to US$100 million, or...

US risks losing economic foothold in Guyana as Chinese investments surge amidst oil boom-Newsweek...

The United States (US) stands the risk of losing critical ground to Chinese business in Guyana which is currently seeing unprecedented oil-driven growth. This...

Critical perspectives on Guyana’s oil industry were not captured in Financial Times article

Dear Editor, Last Friday, October 27, 2023, I was privileged to have had a 40 minutes long interview with the Financial Times (FT) on Guyana’s...

African Exim Bank ready to supply almost 50 % of funding needed to set...

President and Chairman of the Board of Directors for the African Export-Import Bank (Afreximbank), Prof Benedict O. Oramah declared on Monday that the institution...

Finance Minister praises NIS for clearing backlog of 14,000 claims

Senior Finance Minister Dr. Ashni Singh today commended the Board and staff of the National Insurance Scheme (NIS) for disposing of 14,000 inherited pending...

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