News

Jack Warner

Jack Warner being sued by CONCACAF

MIAMI, CMC-Trinidad and Tobago’s Jack Warner, the former Vice President of football’s world governing body (FIFA), is being sued for more than US50 million dollars by the Confederation of North, Central American and Caribbean Association (CONCACAF).

Economy in good shape

Minister of Finance Winston Jordan and Bank of Guyana Governor Dr Gobind Ganga yesterday insisted that there is no sluggishness in the economy, while saying that the numbers show the economy is doing well and is projected to do even better by year end.

Gov’t seeks IMF’s counsel on lowering VAT

A reduction in the current 16% Value-Added Tax (VAT) rate is not possible before the next budget, according to Finance Minister Winston Jordan, who says that although the Tax Reform Committee (TRC) has made such a recommendation, government has sought guidance from the International Monetary Fund (IMF) to ensure that the right decision is made.

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