Natural Resource Fund racks up US$1.28M profit in second quarter
Bank of Guyana has reported that Guyana’s Natural Resource Fund (NRF) recorded a profit of G$266.04 million (US$1.28 million) during the second quarter compared...
Govt. makes another $200M withdrawal from oil fund
Senior Finance Minister, Dr Ashni Singh announced this evening that another US$200M ($41.6B) withdrawal was made from the Natural Resource Fund (NRF) and transferred...
Guyana on track for almost 50% growth in 2022 -Bank of Guyana
The Guyanese economy is projected to record real oil GDP growth of 49.6 percent while the non-oil economy is estimated to grow by 7.5...
Guyana registers positive first quarter performance for 2022- Central Bank
The Guyanese economy registered mostly positive output performance during the first quarter of 2022.
According to Central Bank’s latest statistical bulletin, there continues to be...
Guyana making outsized contribution to climate change, keeping Dutch disease at bay- Finance Minister
Guyana may be at a point in time of her history where transformational development is set to take place at an unprecedented pace by...
Oil projects could deliver US$4B in one year; wipe out nation’s debt with extras...
Vice President, Dr. Bharrat Jagdeo on Monday afternoon shot down what he believes to be yet another mediocre and repugnant line of argument by...
Banks’ profit soars to $2.5B; secures sole distributor licence for Johnny Walker, Ciroc Vodka
Guyana’s brewing giant, Banks DIH Limited, delivered an outstanding performance at half year as its profits soared beyond $2B.
Financial statements published by the company...
Guyanese Accountant to open Merchant Bank for mega-projects in oil industry, other sectors ...
Guyanese Business Professor and Financial Analyst, Floyd Haynes is expected to officially launch the New Hayven Merchant Bank (NHMB) at Lot 304 Church Street...
Sod turned for US$190M Linden to Mabura Road
The Government of Guyana and a Brazilian contractor, Construtora Queiroz Galvao S.A., on Friday inked a contract for the construction of the Linden to...
Guyana’s oil earnings climb to $154B
From January 2020 to April, 2022, Guyana has earned a whopping US$741M or GY$154B from the production and sale of its oil resources. According...
