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 […]
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 […]
President Dr. Irfaan Ali has expressed confidence that the 1.1 trillion-dollar budget for the fiscal year effectively addresses the challenges facing Guyanese. In a recent announcement, the Head of State outlined key measures aimed at improving the standard of living for citizens. President Ali emphasized that the measures outlined in the budget, both cost and […]
Minister of Public Works, Hon. Juan Edghill, has expressed his satisfaction with the financial allocations in the 2024 budget for the Ministry of Public Works, emphasizing that the provisions are adequate to propel the ongoing transformation of infrastructure projects throughout Guyana. In a recent statement, Minister Edghill praised the budget as a “fantastic financial plan” […]
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 […]
Demerara Distillers Limited (DDL) provided updates on its ambitious 16-million-US dollar dairy farm development project in Moblissa, Region 10. The media briefing highlighted that significant progress has been made, with 100 acres of the targeted 500-acre land already cleared for the project. The primary objective of the dairy farm is to rear approximately 900 cows, […]
In an announcement ahead of Budget 2024, Dr. Bharrat Jagdeo, the General Secretary of the ruling People’s Progressive Party (PPP), revealed that the government aims to exceed its manifesto commitments to enhance the welfare of all citizens. The budget is anticipated to prioritize various key sectors, aligning with the government’s ongoing efforts to foster wealth […]
Preparations are in full swing for the upcoming Guyana Energy Conference and Supply Chain Expo 2024, scheduled for next month. Public Works Minister Juan Edghill emphasized that the event aims to provide all Guyanese with an opportunity to engage in the energy sector. During a discussion on ‘Energy Perspectives,’ Minister Edghill encouraged local small and […]
U.S. Deputy Assistant Secretary of Defense for the Western Hemisphere, Daniel P. Erikson, concluded a two-day visit to Guyana, emphasizing the importance of robust interaction and engagement between the U.S. Department of Defense and the Guyana Defence Force (GDF) in 2024. The visit aimed to deepen collaboration in various areas, including cybersecurity, training, and information […]