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Daily Archives: December 3, 2018

Poor economic performance, increased prices for food, clothing and medicines- PPP’s Irfaan Ali

Opposition Shadow Minister of Finance, Irfaan Ali on Monday kicked off debate on the 2019 National Budget, saying that Guyanese are being burdened with more taxes and reduced foreign exchange earnings due to poor performance of the traditional exports. “These are the realities of the economy and that the Honourable Minister of Finance skillfully maneuvered out of his speech,” Ali ...

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PNCR Chairman Volda Lawrence apologises for offensive remarks

People’s National Congress Reform (PNCR) Chairman, Volda Lawrence on Monday apologised for remarks in which she advocated and preferred her party supporters to get jobs and contracts. “The rhetoric attributed to me over the last few days, is not reflective of who I am as a person or leader. I have learned that as a leader I must be cognizant ...

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ExxonMobil makes 10th oil discovery offshore Guyana

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said today it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The resource estimate, up from the previous estimate of more than 4 billion oil-equivalent barrels, is a result of further evaluation of previous discoveries and includes a new discovery at the ...

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