Oil increases export earnings by 68 percent to US$4.3B
At the end of 2021, Guyana’s total export earnings amounted to US$4.3B, 68 percent higher than the US$2.6B earned in 2020. This was disclosed...
Oil revenues funds National Budget of $552.9B with no new taxes
Backed by oil proceeds, Budget 2022 totaled $552.9B. This was announced today by Senior Minister with responsibility for Finance, Dr. Ashni Kumar Singh. The...
Guyana only country in the world forecast to reach 47.5 % GDP growth this...
According to Senior Minister with responsibility for Finance, Guyana is the only country in the world that is forecast to achieve a Real Gross...
Govt. to invest $420.5M to train 1000 Guyanese for oil sector
To ensure Guyana has a well-trained cadre of men and women who can take on leading roles in the oil sector, the PPP/C government...
Budget 2022: $20.8B allocated for Gas-to-Energy Project, solar farms
With the aim of advancing the transition to cleaner sources of energy, the PPP/C Government has set aside $29.4B in the 2022 budget for...
Gov’t sets aside sums to reconstruct burnt North Ruimveldt, North West Secondary schools
The sum of $6.6 billion has been allocated for the the construction, rehabilitation, extension, and maintenance of educational facilities in Guyana.
The fund will also...
Taxes accounts for 96 percent of govt. revenues last year
Over the years, tax collections have accounted for a large part government’s revenue collection and 2021 was no different. According to Finance Minister, Dr....
Gov’t budgets $12.4B for construction of six new modern regional hospitals
In 2022, a total of $16.1B has been budgeted to launch a major expansion in public health care facilities, Finance Minister, Dr Ashni Singh...
Guyana to export pre-fab houses to Ghana this year
In the area of expanding the local value chain for wood products, the Government of Guyana has been exploring market opportunities for export of...
Guyana’s real GDP reaches 19.9 %; non-oil growth pegged at 4.6 percent for 2021
Senior Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh disclosed today during the reading of Budget 2022 that...
