Oil sector received $125.8Billion in tax exemptions last year –AG Report
During the year 2019, Auditor General, Deodat Sharma found that the Oil and Gas Sector received tax exemptions totaling $125.849 billion through the Guyana...
IDB has approved record US$21.6B to help Latin America, Caribbean fight COVID-19
The Inter-American Development Bank (IDB) Group has mounted a historic effort in 2020 to assist its 26 member countries in Latin America and the...
Most Caribbean countries to end 2020 with deepest GDP contraction –IDB
For most Caribbean countries, the COVID-19 pandemic will translate into the deepest single-year contraction of real Gross Domestic Product (GDP) on record in 2020...
IDB to mobilize US$1B to help Latin American, Caribbean countries acquire COVID-19 vaccines
The Inter-American Development Bank (IDB) has announced that it will mobilize US$1 billion to help Latin American and Caribbean countries acquire and distribute COVID-19...
Guyana’s COVID-19 response bill to climb beyond US$1B
Taking into consideration the fact that the Irfaan Ali-led government estimated a budget of US$29 million for the implementation of its COVID-19 response plan,...
CDB approves US$190M Linden/Mabura Road project; US$11.6M for Hospitality, Tourism Training Institute
Following fruitful negotiations with the Caribbean Development Bank (CDB), the Government of Guyana yesterday secured two loans to finance substantial catalytic transformational projects for...
Special probes into drug bond, SLED programme completed-Sharma
Auditor General, Deodat Sharma disclosed yesterday that special investigations were finalized during the period October 2019 and November 2020, for the Ministry of Public...
APNU+AFC collected and mismanaged $992B between 2015 to 2019-Finance Minister
Upon examining the financial health of the economy, Senior Minister with responsibility for Finance, Dr. Ashni Singh has found that there was blatant mismanagement...
Finance Minister bashes APNU+AFC for abuse of Contingency Fund, says party left $4.2B uncleared
Even though the coalition administration was in caretaker mode, that status certainly did not inhibit it from expending billions of dollars from the Comtingency...
IDB Invest provides support to Barbados, Guyana, and Suriname through US$35M trade finance programme
IDB Invest, a member of the IDB Group, announced today that it has incorporated three subsidiaries of Republic Financial Holdings Limited (RFHL) in Barbados,...
