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Guyana gets funds to help reduce prison overcrowding, boost agriculture, improve business environment, improve health

Guyana has tapped into a US$8 million loan from the Inter-American Development Bank (IDB) to help reduce prison overcrowding and speed up the delivery of justice, the Finance Ministry said in a statement. “It is anticipated that through this project, there will be a significant reduction of high concentrations of prison population in Guyana,” the Finance Ministry said in referring ...

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Aurora Gold Mines shares emerging technology with Guyanese media and the Guyana Police Force

Guyana Goldfields/AGM Inc. recently introduced a dozen media personnel and nearly twenty officers and ranks of the Guyana police force to the immense possibilities of the application of drone technology to their respective jobs, the company said in a statement. Officially they are referred to as UAVs (Unmanned Aerial Vehicles) or RPAS (Remotely Piloted Aerial Systems). However, they are more ...

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Go-Invest staff now bound by secrecy; can face dismissal for unauthorised disclosure

Staff at the Guyana Office for Investment (GO-Invest) have now signed a secrecy agreement to help stamp out the sharing of investors’ plans and proposals with others who may later be facilitated to go ahead with those projects, according to Chief Executive Officer Owen Verwey. “All the officers have now signed a confidentiality agreement or secrecy agreement that conforms with the ...

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Guyana needs clear strategy on spending oil earnings- UK envoy

Britain says while Guyana appears to be progressing towards commercial oil production, there appears to be no clear indication on how the South American nation will spend some of the revenues. High Commissioner to Guyana, Greg Quinn said Guyanese stakeholders need to discuss how the money should be spent on the social sectors and infrastructure while putting some of the ...

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Closing more sugar estates will trigger wide-scale protests, PPP warns

The People’s Progressive Party (PPP) on Monday warned of increased tension and unrest by sugar workers if they are sacked due to the closure of more sugar estates, even as that party demanded that a socio-economic impact study be done before government decides on the Guyana Sugar Corporation’s (GuySuco) future. “Unquestionably, this will cause a confrontation. If we use one ...

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Boycott of parking meters resumes

With no major change in the parking meter rates for the vast majority of motorists, the boycott of the meters continued Monday. The resumption of paid parking after one week of consultations saw most designated areas being vacant. Except for a 50 percent reduction for eight hours of parking, shorter durations have been retained at a minimum of GYD $50 ...

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Private sector calls for dialogue as rift with govt deepens

The Private Sector Commission and the Guyana government on Saturday  continued to be at loggerheads over the business community’s ‘no confidence’ in managing the country’s economy as well as concerns about the constitutionality of a proposed law to recover stolen state assets, and alleged political interference in the judiciary. A day after government labelled the PSC a “political stool pigeon” ...

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Parking meter contract can be revoked if conditions are right – MAPM

Lawyers associated with the Movement Against Parking Meters (MAPM) said there are legal and other grounds for the deal to be revoked, and different opinions have emerged over whether reactivation of paid parking on Monday will amount to contempt of court. Speaking at a public consultation at the St. Stanislaus College, Brickdam on Saturday, Attorney-at-Law Nadia Sagar said the contract ...

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Private schools lobbying govt about VAT on private education

A number of private schools are “Private charter schools,” and so they do not pay taxes, Minister of State, Joseph Harmon explained during a Post- Cabinet press briefing today. Questioned about the impact of levying of 14 percent Value Added Tax (VAT) on education, and about claims of drop outs, Minister Harmon said that,“I do not have the figures, I ...

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GYD$5 billion housing programme being rolled out

Cabinet has approved the delivery and construction of 758 housing units in Regions 2, 3, 4, 5, 6, 7 and 10. The units will be constructed at a cost of $5 Billion, (or $5.4Million each), Minister of State Joseph Harmon reported at the post-Cabinet briefing at the Ministry of the Presidency held on Friday. The construction of the housing units ...

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