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PPP refuses to sit on State Boards

The opposition People’s Progressive Party Civic (PPPC) has ruled out sitting on the University of Guyana’s (UG) Council and State Boards unless President David Granger assures that there would be no political intervention in decision-making. “Until we have assurances that the Boards would have total autonomy over the entities, we cannot be part of rubber-stamping corruption or discrimination or any ...

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GYD$350 million for Specialty Hospital; Fedders-Lloyd yet to complete assessment

Ahead of parliamentary approval of GYD$350 million in the National Budget for the construction of the Specialty Hospital, Fedders-Lloyd is yet to complete  an assessment of the works done so far at the worksite by another Indian company whose contract has been scrapped. The 2016 estimates of expenditure shows that Guyana government has set aside GYD$350 million for thewhich includes mobilization ...

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Transportation costs to increase- Jagdeo

Opposition Leader, Bharrat Jagdeo forecasts a hike in transportation due to the ban on used tyres and a restriction on the importation of used vehicles to eight years and under- effectively pushing up the cost of acquiring vehicles. “If you have to buy new tyres, if you can’t get a new vehicle that is more than eight years old… I ...

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NEW RULES: Pay your taxes first before you’re granted licenses, exemptions- Finance Minister

Opposition Leader, Bharrat Jagdeo was Friday afternoon riled by government’s announcement that Guyanese would first have to prove that they are paying their taxes before they are granted licences and tax exemptions. “This is a big brother kind of approach. The GRA (Guyana Revenue Authority) will now have a primary part in our lives once again. It is an old Burnhamite ...

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“Anti-poor, anti-development” – Jagdeo says “this budget cannot start the good life”

Mere minutes after Finance Minister Winston Jordan announced a GYD$230B Budget for 2016, Opposition Leader Bharrat Jagdeo says that the Budget is “anti-poor and anti-development.” Jagdeo at a press conference shortly after Jordan concluded his budget speech declared that some Guyanese are still confused and might still be trying to figure out what really happened in the National Assembly. He ...

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Finance Minister announces slight decrease in fuel prices

Government’s announcement of a reduction in fuel prices  from Monday, February 1 will now see consumers paying less than GYD$90 dollars off of a gallon of gasoline at the pumps of the state-owned Guyana Oil Company (GuyOil). In his 2016 National Budget presentation on Friday, Finance Minister,Winston Jordan  also announced that the price of diesel will be reduced by less ...

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Updated: Some license fees to increase – Finance Minister

Even as government increased the Income Tax threshold from GYD$50,000 to GYD$55,000, it announced that a range of fees would increased. In relation to public sector wages and salaries, Finance Minister Winston Jordan  did not announce a specific increase in wages and salaries because that would be subjected to negotiations with the trade unions. They include gun licenses. No specific ...

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Guyana among Caricom countries considering reducing reliance on T&T’s Petrotrin for oil supplies

Guyana is currently contemplating joining a list of other Caribbean countries in search of another fuel supplier in order to reduce reliance on Trinidad and Tobago, now that Venezuela’s PetroCaribe has dried up as a fuel sources. Speaking at the induction of the Board of the Guyana Energy Agency (GEA) on Thursday, Minister of Public Infrastructure, David Patterson said he ...

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