The services of the Guyana Marketing Corporation, which offers a market place for local agro processing businesses, will be decentralised with the planned creation of new shops across four regions, according to Finance Minister Dr Ashni Singh.
With the aim of creating 1,500 jobs by 2023, government will be investing in the construction of two buildings to house call centres, Minister of Finance Dr Ashni Singh announced on Wednesday.
A man accused of raping a woman he befriended on Facebook and who later went to his house to cook for him, was yesterday acquitted following the conclusion of his trial at the Georgetown Sexual Offences Court.
Tenders were on Tuesday opened at the National Procurement and Tender Administration Board (NPTAB) for the rehabilitation of boiler chimneys at the Uitvlugt Sugar factory along with a few other projects.
Finance Minister Dr Ashni Singh on Wednesday disclosed that government was able to grow its tax revenue collection by 16.8% in 2021 which amounted to $255.1 billion in earnings.
Senior Minister within the Office of the President with the Responsibility for Finance Dr Ashni Singh said that the National Insurance Scheme (NIS) faces serious challenges regarding its long-term viability and work has commenced looking at recommendations to implement lasting reforms to the institution.
The Ministry of Health yesterday said that as of January 26th, 2022, two more persons who tested positive for the novel coronavirus (COVID-19) have died.
Nineteen-year-old Isaiah Edwards, a construction worker of East La Penitence Squatting Area Georgetown, who was stabbed in his right hip about 18:30 hours yesterday allegedly by his stepfather succumbed at the Infectious Diseases Hospital, Liliendaal at noon today.
Police in Regional Division 4A are investigating the circumstances surrounding the death of 28-year-old Loretta Simon of Cooper Street, Albouystown which occurred today at about 1 pm at her mother’s residence in ‘C’ Field Sophia.
With large injections of revenue from the oil and gas sector, Guyana is expected to grow its economy by 47.5% while inflation is pegged at 4.1% for 2022, according to Senior Minister in the Office of the President with responsibility for Finance Dr Ashni Singh.
Parity in Tax Treatment for
Local Content
In the interest of ensuring that Guyanese businesses can compete successfully under the new local content framework in the oil and gas sector, the Government will take steps wherever practicable to minimise disparities arising from the tax system that will disadvantage Guyanese businesses against their international counterparts.
With a massive $20.8b earmarked for the planned gas to energy project, the historic tapping of US$607.6m in oil revenues is the major financier of the 2022 budget and the government is projecting a further US$957.6m in petroleum revenues this year.
APNU+AFC Members of Parliament (MPs) yesterday asked for more time to deliberate on the appointment of a new Leader of the Opposition following Joseph Harmon’s resignation.