VAT and Excise Tax raked in $53 billion in 2011, an increase of 9.7 percent over the takings of 2010, in a year when the Guyana economy recorded 5.4 percent growth, with the non-sugar economy achieving even more rapid growth at 5.6 percent.
This is in a year that saw mixed fortunes in agriculture production and better outcomes for mining and gold, even though bauxite continues to be precarious, Minister of Finance Dr Ashni Singh said yesterday