Senior Finance Minister Dr. Ashni Singh highlighted the government’s core objectives, emphasizing the importance of prudent, transparent, and accountable management of the state’s financial resources. In an appearance on the Dr. Randy Persaud show, Dr. Singh reaffirmed the government’s dedication to crafting policies that align with the global economy and suit Guyana’s financial situation. Since […]
The Guyanese entertainment scene has received a significant boost with the grand opening of Royal Lounge, a vibrant indoor hotspot. The Royal Lounge introduces a rooftop pool and bar, with plans to add a restaurant experience in the near future. Proprietor Terrence Jaskarran aims to create a “clean and safe” environment where families and friends […]
Financial analyst Joel Bhagwandin commended the recent evaluation statement from the International Monetary Fund (IMF), emphasizing its affirmation of the Guyana government’s commitment to sound fiscal management. Bhagwandin underscored that the evaluation effectively captures the genuine progress underway in the country’s development. According to Bhagwandin, the IMF’s assessment is a clear and positive endorsement of […]
Ansa Building Solutions (ABS), a subsidiary of the Ansa McAl Group of Companies, marked its official entry into the infrastructure sector with a grand launch at the Marriott Hotel. Over the past three years, the company has invested a substantial sum of US $12.5 million to establish itself as a key player in Guyana’s infrastructure […]
The International Monetary Fund (IMF) has praised Guyana’s robust economic growth and the government’s prudent fiscal management policies. Following their evaluation, the IMF team predicts further economic expansion for the country in 2023. This positive outlook is attributed to the rapid development of the oil and gas sector, coupled with effective financial management strategies. In […]
As the influx of visitors to Guyana surges during the 2023 Cricket Carnival season, accommodation has emerged as a significant challenge. President Dr. Irfaan Ali has emphasized the urgent need for the construction of additional hotels and eco-lodges to address this demand. During a recent press conference, President Ali highlighted the substantial growth in arrivals, […]
In response to public concerns about the foreign exchange market, the Government of Guyana initiated a crucial meeting with representatives from the private sector, banks, and various stakeholders. Finance Minister Dr. Ashni Singh led the discussions, underscoring the government’s commitment to addressing this pressing issue. President of Guyana, H.E. Dr. Mohamed Irfaan Ali, emphasized the […]
President Irfaan Ali has alluded to the possibility of an additional increase in the income tax threshold later this year. He emphasized that a comprehensive evaluation of the country’s current revenues and projected earnings is presently underway. Currently, the minimum wage stands at $75,000 for the public sector and $60,000 for the private sector. In […]
In a press conference today, President Irfaan Ali announced that Guyana has experienced extraordinary economic growth across various sectors in the first half of the year, with the Gross Domestic Product (GDP) recording an estimated surge of 59.5 percent. The government’s strategic efforts aim to position Guyana favorably well ahead of its time, looking toward […]
Scores of eager Berbicians gathered at the University of Guyana Tain Campus, hoping to secure one of the numerous job opportunities offered by Muneshwers Limited. The company hosted a job fair, seeking individuals to fill various roles including truck drivers, haulers, welders, fabricators, engineers, managers, supervisors, and other positions. Executive Director Robin Muneshwar revealed that […]