“We must leverage the ‘Commonwealth Advantage’ to counter the economic fallout of COVID-19″
By Patricia Scotland, Secretary General of the Commonwealth
(CMC Feature- Caribbean Health) – The world is bracing for a massive hit to the global economy...
Rosy GDP forecast conceals true economic damage from COVID-19, de facto govt. -Financial Analyst
As a result of the COVID-19 pandemic, Guyana’s high expectations of an 86 percent growth in Gross Domestic Product (GDP) are no more. In...
Finance Minister urges citizens to conserve income; says, “We don’t know when this thing...
Once the government gets over the current “political pandemic”, Finance Minister, Winston Jordan said that the issue of a real stimulus package would be...
Stimulus packages for the vulnerable- Finance Minister
Finance Minister Winston Jordan said the government will turn its attention to stimulus packages for vulnerable Guyanese who have been most affected by the...
Govt. considering “risk allowance” for doctors, nurses on the frontline of COVID-19 fight
According to Finance Minister, Winston Jordan, government is currently considering a “risk allowance” for the doctors, nurses and other medical professionals who are on...
Transforming Ocean View Hotel into COVID-19 facility to cost in excess of $1B-Finance Minister
To transform the Ocean View International Hotel into the COVID-19 facility that is needed, Finance Minister, Winston Jordan said it will cost Guyana over...
IMF avoids committing to cancel debt owed by Caribbean nations
In an effort to ensure they have more money available to respond to COVID-19 as well as help the recovery of their economies, the...
Gold to help weakened oil sector in keeping negative impacts of COVID-19 at bay
Early on in 2019, Guyana had received forecasts from several international agencies such as the International Monetary Fund (IMF) regarding unprecedented GDP growth in...
Latin America, Caribbean will see sharp growth reduction for 2020-IDB
As a result of the novel coronavirus, the Inter-American Development Bank (IDB) has predicted that Latin America and the Caribbean will see sharp growth...
EU providing US$8.6M to help Caribbean fight COVID-19
The European Union (EU) is providing a grant of €8M (US$8.6M) to help the Caribbean fight the coronavirus outbreak.
The funds will be used to...
