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 […]
The Ministry of Tourism in Guyana is strategically planning to leverage its 2024 budget allocation to host more regional and international events, with the ultimate goal of increasing tourist visitation to the country. Minister of Tourism, Industry, and Commerce, Oneidge Waldron, highlighted the efforts to diversify the country’s tourism products. With an 11% increase in […]
In a recent address during the contract signing for a four-lane bridge connecting McKenzie to Wismar, President Dr. Irfaan Ali reaffirmed the government’s dedication to supporting and revitalizing the bauxite industry in Linden, with a focus on sustainability and increased employment opportunities in Region 10. President Ali, speaking to a gathering of Lindeners, emphasized the […]
The Guyanese government is contemplating a proposal that could lead to the resolution of a long-standing issue involving a payment owed by the Panamanian government for rice supplied by local farmers in 2018. Attorney General and Minister of Legal Affairs Anil Nandlall provided an update on the matter, revealing that President Irfaan Ali has facilitated […]
Vice President Dr. Bharrat Jagdeo announced during a press conference that the government is not in a hurry to sell Guyana’s remaining carbon credits, despite significant interest from various markets. Currently, 70 percent of Guyana’s carbon credits are attracting attention, and the government aims to explore the available opportunities before finalizing any agreements this year. […]