GPL neck-deep in US$201.7 million debt
At the end of July 2020, the Guyana Power and Light Inc. was neck-deep in debt totalling US$201.7M or about $42.4B. Guyana Standard was...
No budget for 2020, COVID-19 led to project delays; we were not lapsing –...
The distressing financial state of several governmental agencies and the delays in several major infrastructural projects are no fault of former ministers under the...
Grace Kennedy Remittance Services ordered to pay GRA $377M in taxes owed since 2011
As a result of being incorrectly classified as a non-commercial entity in the Guyana Revenue Authority’s (GRA) records since 2003, Grace Kennedy Remittance Services...
Gov’t. promises emergency budget in three weeks; ministries, agencies given up to next week...
The Government of Guyana is moving to implement an emergency budget in three weeks, Vice President, Bharrat Jagdeo said during a press conference this...
NICIL documents on “illegal” land transfers, disposal of assets not forthcoming – Vice President
The Government of Guyana (GoG) has made several requests to the National Industrial and Commercial Investments Limited (NICIL) for documents pertaining to land transfers...
APNU+AFC govt. loans GPL US$50M for generators still to be provided
Even after the recount of votes cast in the controversial March election was completed, former Minister of Finance, Winston Jordan approved the release of...
Every cent of oil money will be accounted for; no political interference – Ali...
The People's Progressive Party/Civic (PPP/C) will ensure that every cent of the revenues from the sector is accounted for, as well as every cent...
Rapid financial and management assessment team working pro bono – Teixeira
The government’s Rapid Financial and Management Assessment Team (RF&MAT) will be working pro bono, the Minister of Parliamentary Affairs and Governance, Gail Teixeira, clarified...
Jr. Public Works Minister urges Heads of Agencies to submit financial reports
Newly appointed Minister of Public Works, Bishop Juan Edghill, and Junior Minister, Deodat Indar, today met with Heads of Agencies that fall under the...
Agri., mining sector continue to escape damaging impact of COVID-19-IDB Report
Before oil production began last year,
even with the onset of the COVID-19 pandemic, the agriculture and mining sectors continue to demonstrate great resilience, according...
