Understanding Guyana’s monetary & exchange rate policy framework
Highlights
There is no substantial depreciation or appreciation of the Guyana dollar; there is, however, fluctuation of the exchange rate which is a consequence of...
Banks’ lending to homeowners increased by 41.25 %– Pres. Ali
The Government of Guyana’s initiative to reduce the cost of borrowing has resulted in a 41.25% increase in lending from the local banking sector...
The agri. sector and the efficacy of govt. policies
Summary
Considering the agriculture sector’s performance from 2020-2022, coupled with the targets for 2023, production of aquaculture and inland fisheries are projected to increase by...
Guyana and Trinidad & Tobago: Snapshot of Economic Performance 1992-2022
Dear Editor,
My attention was drawn to a statement made by Trinidad & Tobago’s (T&T) High Commissioner to Guyana, Ambassador Conrad Enill. In his statement,...
Natural Resources Ministry, GRA working diligently to complete expenditure audits for Exxon
The Ministry of Natural Resources (MNR) said on Thursday that it is working alongside the Guyana Revenue Authority (GRA) to complete expenditure audits associated...
Exchange rate stability and the Forex Market
Dear Editor,
Despite the relatively large forex (foreign exchange) earnings from the petroleum sector, the capital account and net services and unrequited transfers continue to...
GYSBI looking for builders for new operations centre at Houston EBD shore base
Guyana Shorebase Inc. (GYSBI) is making significant strides in advancing the construction of a new operations centre at its Houston shore base in Greater...
Clearing up misconceptions about the ministerial powers outlined in the Petroleum Activities Bill 2023
Dear Editor,
The Parliamentary Opposition along with other aligned commentators and writers, have raised the concerns that the Petroleum Activities Bill confers sweeping powers to...
Examining the AFC’s proposed amendments to Petroleum Activities Bill
Dear Editor,
Shadow Minister for Oil and Gas, David Patterson, had proposed several amendments to the Petroleum Activities Bill 2023 in the National Assembly, all...
Understanding key aspects of the Petroleum Activities Bill 2023
Summary
During the consultation period on the recently passed Petroleum Activities Bill 2023, this author had submitted comments to the Ministry of Natural Resources (MNR)...
