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Daily Archives: September 13, 2018

Involve ordinary Guyanese in crafting development plan to spend oil money; at least 43 parliamentarians must approve National Budgets- GTUC General Secretary

The General Secretary of the Guyana Trades Union Congress (GTUC), Lincoln Lewis on Thursday called on decision-makers to go to ordinary Guyanese in their communities to discuss how the emerging oil sector can lift them out of poverty, and and he cited the need for at least 43 of the 65 parliamentarians to pass pro-development budgets. Lewis insisted that the Parliament ...

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Private sector proposes “non-political” Sovereign Wealth Fund; Budget Director allays fears of politicized mechanism

A Guyana Manufacturing and Services Association (GMSA)- organised forum on the proposed Sovereign Wealth Fund (SWF) on Thursday heard strong recommendations for the creation of a “non-political” legal entity to manage oil and other revenues, but Ministry of Finance Budget Director, Sonya Roopnauth says government’s model guarantees the involvement of highly qualified experts. “It is very difficult to take away ...

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Intoxicated police officer arrested for causing road death

A Guyana Police Force Deputy Superintendent has been arrested in connection with the death of a pedal cyclist. The force said he was driving under the influence of alcohol. “An investigation has since been launched by a Senior Officer who visited the scene and also conducted a breathalyzer test on the Officer, who was found to be above the legal ...

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Private sector organisation hosting Guyana’s first civil society forum on Sovereign Wealth Fund

The Guyana Manufacturing and Services Association (GMSA) will Thursday hold the country’s first civil society forum on government’s proposed Sovereign Wealth Fund that will be used to save and manage the country’s expected huge inflows of oil earnings. The association, which represents more than 100 large and medium-scale businesses, plans to bring together a ranger of perspectives from government and ...

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