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...

Finance Ministry hands over $75M in materials and equipment for distribution to farmers

Today, the Ministry of Finance handed over materials and equipment valued in excess of $75M to the Ministry of Agriculture for distribution to farmers...

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