Govt. wants to see returns for concessions granted- Finance Minister
Even as industry stakeholders appeal for more concessions, Finance Minister, Winston Jordan made it clear that he will not be encouraging a “free for...
Guyana could save US$880M with smallest review of Liza Phase One Project –Dr. Mangal
Former Presidential Advisor on Petroleum, Dr. Jan Mangal is calling on the government to conduct a review of the projected expenses for the Liza...
Govt. must outline plan for transforming traditional sectors with oil money –GMSA President
“Nothing is being done to improve it now so what will become of the manufacturing sector when oil comes on stream? What will happen...
Eight wells to be drilled in Region Nine starting next month
The Government of Guyana, in collaboration with the Government of Brazil, is set to commence the drilling of eight wells in eight villages in...
Re-migrant scheme too exposed to fraud
A review of Guyana’s tax system would reveal that billions of dollars worth in concessions are provided to individuals through the re-migrant scheme.
But Chartered...
Money for security sector must target intelligence gathering, expanding emergency response-FITUG
Even though the security sector may be receiving a large chunk of the total budgetary allocation, the Federation of Independent Trade Unions of Guyana...
Go-Invest does no financial analysis before recommending billions in concessions-Statia
For years, the Guyana Office for Investment (Go-Invest) has been used by businesses to access billions of dollars worth in concessions, only to abuse...
Prime Minister reinstates fired Finance Controller at Guyana Chronicle
In light of allegations of excessive spending and misallocation of funds, Prime Minister, Moses Nagamootoo ordered that there be an immediate investigation into the...
Finance Ministry, GRA in dire need of Tax Analysis Unit-Ram
Tax Analysis is a crucial element in ensuring an efficiently managed economy. In its absence, there can be a lopsided approach to compliance management,...
Guyana secures approval for US$20M from IsDB for major GPL upgrade programme
The Government of Guyana has received approval from the Islamic Development Bank (IsDB) for a loan of US$20M for the Guyana Power and Light...