The Ministry of Agriculture in Guyana is set to receive a substantial boost with an allocation of $97.6 billion in Budget 2024, aimed at accelerating the development of the agriculture sector. Finance Minister, Dr. Ashni Singh, highlighted that this significant investment will primarily focus on transformative Drainage and Irrigation (D&I) infrastructure. The largest portion of […]
In a proactive response to the challenges posed by devastating floods in 2021 and 2022, the Guyana government is enhancing the Drainage and Irrigation system in Region Five with the imminent completion of the Cottage Pump Station. Agriculture Minister Zulfikar Mustapha, during his visit to the site last week, provided insights into this critical infrastructure […]
In a significant move aimed at lowering electricity costs and meeting the country’s growing energy needs, Guyana’s Budget 2024 allocates a substantial $80 billion for the advancement of the Wales Gas-to-Energy project. Finance Minister Dr. Ashni Singh emphasizes the transformative nature of this project, asserting its place as the single most impactful initiative in Guyana’s […]
Finance Minister Dr. Ashni Singh presented the historic Budget 2024, totaling $1.146 trillion, marking a 46 percent increase over the previous year’s budget. This landmark budget, the largest in Guyana’s history, is poised to address critical aspects of the nation’s development, focusing on alleviating the rising cost of living and introducing measures to benefit citizens […]
Guyana’s Finance Minister, Dr. Ashni Singh, recently unveiled the annual fiscal plan for 2024, demonstrating a multifaceted strategy to address housing demands, enhance water sanitation, and manage solid waste. The budget, exceeding $100 billion, reflects a commitment to critical sectors that impact citizens’ well-being and overall quality of life. The housing development initiative receives a […]
President Irfaan Ali recently officiated the commissioning of a state-of-the-art $30 million marine facility at Nismes, West Bank Demerara, owned by GAICO Construction & General Services Inc. The event was marked by the presence of government officials, industry leaders, and local residents. The facility, conceptualized in 2013 by GAICO CEO Komal Singh, includes a dry […]
Finance Minister, Dr. Ashni Singh, emphasized that Budget 2024 was crafted with a steadfast commitment to fulfilling the promises outlined in the PPP/C Manifesto, focusing on enhancing the lives of every citizen in Guyana. The budgetary allocations and initiatives underscore the government’s dedication to translating manifesto pledges into tangible improvements for the populace. During a […]
In a significant move to bolster the safety and security of its citizens, Guyana has allocated a substantial budget of $90.6 billion in the National Budget for 2024. This investment aims to fortify the capabilities of the police force, integrate advanced technology, and uphold the rule of law effectively. A major portion of this allocation, […]
In the 2024 budget presentation themed ‘Staying the Course: Building Prosperity for All,’ Senior Finance Minister of Guyana, Dr. Ashni Singh, unveiled a substantial allocation of over $200 billion dedicated to transformative infrastructure projects. The primary focus of this budget is the extensive enhancement of the country’s roads and bridges, aiming to bolster transportation and […]
In a significant step towards enhancing healthcare infrastructure, the groundbreaking ceremony for a modern training facility for nurses and nursing students took place at Suddie, Essequibo Coast in Region Two. This state-of-the-art facility, estimated at $881 million, is part of the government’s commitment to transforming the local health sector and creating a world-class healthcare system. […]