Guyana losing $70B annually through misuse of duty-free fuel
The Guyana Revenue Authority (GRA) is facing an uphill battle trying to prevent the misuse of duty-free fuel by various government entities and companies.
According...
Guyana’s internal auditing departments still woefully weak –IMF
Since 2015, the International Monetary Fund (IMF) told the Government that the internal auditing systems for agencies that would benefit from oil proceeds, have...
Regardless of the jurisdiction… Nothing will stop us from going after ExxonMobil’s tax...
There is no mountain high enough, or no valley low enough to stop Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia, from going after...
President Granger held “successful” meeting with delegation from US Congress
President David Granger, this morning, met with a visiting delegation comprising Congressmen and other officials from the United States of America at the Ministry...
Oil takes centre stage during discussions between US Congressmen and Minister Trotman
Minister of Natural Resources, Raphael Trotman headed a delegation of Natural Resources officials during a meeting with Congressmen and military officials of the United...
If Guyana wants to pay taxes on behalf of oil companies, it must...
Based on its contractual agreement, the Government of Guyana will pay ExxonMobil’s Corporate Income Tax (CIT) out of its 50 percent share of the...
IMF finds Guyana’s preparation for cost recovery unsatisfactory
In November 2017, the International Monetary Fund (IMF) made several recommendations to the government, one of which includes boosting administrative systems and training personnel...
Ramson gets scholarship for Oxford course on Oil, Gas and Mining Governance
“It is a privilege to get this scholarship from such a world class university to learn about natural resource management from these world-renowned professors....
We will not become intoxicated by oil money –Granger promises
“Guyanese can be assured that the coalition Government will not be intoxicated by oil. It will manage this new resource in a responsible manner...
Intolerance to corruption needed as we approach oil production –PNC Chairman
As the nation gets closer to the production of oil and gas, the government must become intolerant to corruption.
This was one of the central...
