IDB’s Investment arm inks US$4M loan agreement with Muneshwers for Guyana’s first mobile crane
A historic US$4M loan agreement was signed today between the Inter-American Development Bank’s (IDB) Investment Division and Muneshwers’ Limited for the procurement of a...
SOL Guyana loses court case to avoid payment of $2.7B in taxes
SOL Guyana Inc. has lost a court case it filed to avoid the payment of $2.7B in taxes to the Guyana Revenue Authority (GRA).
The...
Tax Authority institutes 10 charges against Ramps Logistics over false declarations
The Guyana Revenue Authority has instituted 10 charges against Ramps Logistics (Guyana) Inc in accordance with the provisions of the Customs Act Chapter 82:01.
Guyana...
Finance Minister urges NIS to issue annual statements to employees, contributors
Notwithstanding the progress that has been made in improving its services, Senior Finance Minister Dr. Ashni Singh has called on the National Insurance Scheme...
Agriculture, forestry, fishing sectors expand by 10.9 per cent- Report
The Ministry of Finance’s 2022 half-year report notes that the 10.9 per cent expansion of the agriculture sector was driven by higher output from...
Guyana’s real economy grew by 36.4 per cent, non-oil by 8.3
The prudent management of the economy by the PPP/C government has resulted in a real growth in Gross Domestic Product (GDP) totalling 36.4 percent...
Guyana, World Bank sign US$44M agreement for human capital development
Senior Finance Minister Dr. Ashni Singh today re-emphasized government’s commitment to ensuring every Guyanese is able to participate in the economic transformation the country...
House approves key tax measures to return $1.9B to mining industry
Miners are expected to experience significant tax relief with the National Assembly’s approval yesterday of the Fiscal Enactment Amendment Bill No. 2 of 2022...
Guyana secures £124M UK financing for specialized paediatric and maternal facility
The Guyana Government has secured a £124M investment from the United Kingdom's credit agency, UK Export Finance (UKEF), to finance in the next two...
Even without any major infrastructure to show, Winston Jordan says $333B was well spent
During his stewardship of the Guyanese economy, former Finance Minister, Winston Jordan expended some $333B on capital works. Of that, government borrowed $220B. While...
