Pritipaul Singh Investments nets $246M VAT Refund settlement with GRA
Pritipaul Singh Investments recently netted a whopping $246M in a Value Added Tax (VAT) refunds case settlement with the Guyana Revenue Authority (GRA).
The matter...
Local Content Law secured employment for over 3900 Guyanese; trapped US$721M in spend for...
Since its passage in 2021, Guyana’s Local Content Law has proven to be a powerful instrument in securing jobs for citizens. In fact, Senior...
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...
Understanding Guyana’s monetary & exchange rate policy framework
Highlights
There is no substantial depreciation or appreciation of the Guyana dollar; there is, however, fluctuation of the exchange rate which is a consequence of...
Auditors challenge Exxon’s $63M spent on Singapore trips for Ex-govt. officials, social media ads
The second audit into ExxonMobil's Stabroek Block’s 2018-2020 bills has exposed several non-recoverable expenses which Guyana’s oil is unjustly covering. This news agency was...
Vehicle scales for hinterland roads imminent
In a continued effort to curb the issue of drivers not adhering to road limits on hinterland roads, the Ministry of Public Infrastructure will...
AFC must allow its nominated commissioner to work independently
Dear Editor,
My attention was drawn to the Alliance for Change’s (AFC) press statement dated January 13, 2024, on their Facebook page as well as...
GRA hurries to prepare for oil auditing but still to get tax administration right...
The Guyana Revenue Authority (GRA) is yet to fix some of the fundamental issues related to tax administration. Yet, this very entity is racing...
Tax Authority institutes 10 charges against Ramps Logistics over false declarations
The Guyana Revenue Authority has instituted 10 charges against Ramps Logistics (Guyana) Inc in accordance with the provisions of the Customs Act Chapter 82:01.
Guyana...
Supplier was paid in full despite passing off used blood testing machines as new...
The Mabaruma District Hospital, Region One (Barima/Waini), is still awaiting the delivery of two haematology analysers, after it was discovered that the two previously...
