Local Development
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Guyana Achieves Remarkable 33% GDP Growth in 2023

During the Budget 2024 presentation themed “Staying the course building prosperity for all,” Finance Minister Dr. Ashni Singh announced that Guyana achieved an extraordinary 33 percent growth in its Gross Domestic Product (GDP) for the year 2023. This remarkable economic expansion has positioned Guyana at the forefront of nations with the most robust economic growth […]

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President Ali Announces Expansion of Part-Time Job Initiative in Budget 2024

President Dr. Irfaan Ali has revealed plans to expand and continue the part-time job initiative in the upcoming year, citing its positive impact on wealth creation and poverty alleviation. Despite facing some criticism, the initiative, introduced last year, has proven to be a significant contributor to the workforce, particularly benefiting around 15,000 Guyanese, predominantly women […]

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Government Allocates Four Billion for GOAL Scholarships in Budget 2024

The Guyanese government continues its commitment to the GOAL scholarship program, with an allocation of four billion dollars to support an additional six thousand students. Outgoing Minister of Public Service, Sonia Parag, highlighted the significance of investing in Guyana’s human resources as a crucial foundation for the country’s transformation. Initially launched when the PPP returned […]

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Acting Traffic Chief Emphasizes Road Safety Education and Attitude Shift

In addressing the concerns about road safety, Acting Traffic Chief, Senior Superintendent Mahendra Singh, advocates for a focus on education and a shift in attitude rather than implementing more stringent processes for acquiring driver’s licenses. Senior Superintendent Mahendra Singh emphasizes that road safety education should commence within the home and the closest family circle. While […]

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Berbicians Welcome Inclusive and Opportunistic 2024 National Budget

In Region 6, residents have expressed their satisfaction with the 2024 national budget, describing it as inclusive and filled with opportunities for everyone. The historic 2024 national budget, surpassing one trillion dollars, has garnered widespread praise, with residents of Region 6 commending its inclusivity and various initiatives aimed at social and structural improvement. Juanita Barrows, […]

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Local Development News

Positive Public Response to Guyana’s 2024 Budget

As the Guyanese government unveiled its ambitious 1.146 trillion-dollar budget for the year 2024, citizens across the country have expressed overwhelming support for the financial measures outlined. Delicia Janneire, reporting for NCN News, gathered the opinions of various individuals, capturing a prevailing sense of optimism regarding the budget. Many citizens expressed their satisfaction with the […]

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Youths in Mocha Embrace Skills Training Opportunities

Following a commitment made by President Irfaan Ali during a recent outreach to Mocha Arcadia, East Bank Demerara, several young people from the community have registered for skills training programs facilitated by the government through the Board of Industrial Training (BIT). This initiative was part of an engagement with three ministers and government officials. Ministers […]

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Private Sector Commission Commends Government for People-Centered Economic Transformation

The Private Sector Commission (PSC) has expressed its appreciation for Budget 2024, commending the government for its commitment to sustainable and people-centered economic transformation. PSC Chairman, Komal Singh, highlighted the positive measures announced in the budget, particularly addressing the challenges faced by small and medium-sized enterprises (SMEs) in accessing finance. Budget 2024 allocates $450 million […]

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Agriculture Sector Set for Accelerated Growth in 2024

Minister of Agriculture, Zulfikar Mustapha, has expressed optimism about the accelerated growth of the agriculture sector in Guyana in the upcoming year. Welcoming the budgetary allocations for the sector, Minister Mustapha highlighted the significant progress made in 2023, with agriculture estimated to have expanded by 7 percent. Despite challenges such as the impact of El […]

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Government Allocates Significant Support for Small Businesses in 2024 Budget

In a move to boost the small business sector and foster economic growth, the Guyanese government has announced a substantial financial injection into the Small Business Development Fund and increased support for the Small Business Bureau. The details were shared in the latest Republic Bank-sponsored Business report. Finance Minister Dr. Ashni Singh highlighted the crucial […]

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