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Pan-Caribbean multi-stakeholders to discuss strategy for ending AIDS

The Pan-Caribbean Partnership against HIV and AIDS (PANCAP), the mechanism that provides a structured and unified approach to the Caribbean’s response to the HIV epidemic, will host the Joint Regional Dialogue with Faith Leaders, Parliamentarians, Civil Society Leaders, National AIDS Programme Managers and Youth Leaders. Approximately 60 delegates representing Parliamentarians, Faith Leaders, Youth Leaders, Key Populations, People Living with HIV ...

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Guyana to guard against steep revaluation of the dollar

Finance Minister, Winston Jordan on Friday said government would put place safeguards to prevent a steep revaluation of the Guyana dollar as a result of expected large inflows of United States (US) dollars  from oil earnings. “I will indicate to you that there could possibly be some appreciation of the Guyana dollar but we will have to guard against that using ...

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ExxonMobil signing bonus transferred overseas to earn interest- Finance Minister

The US$18 million ExxonMobil signing bonus, which was  initially deposited in the Bank of Guyana, has been transferred overseas to an interest-bearing account, Finance Minister Winston Jordan said. “If it stays here, it will sit down doing nothing. It can’t earn interest if it stays here so it’s in matured US treasury bills, Canada bonds…,” he said. US$36,163 in interest ...

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Guyana gets IDB help to prepare to track oil sector earnings

Guyana will be spending US$20 million on preparing the country get its rightful share of earnings that oil companies like ExxonMobil have agreed to pay government, Finance Minister Winston Jordan said Friday. “Unless we can get processes, legislation, bodies and monies all coming together, it will be a difficult proposition trying to match our wits with a giant like ExxonMobil,” ...

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Charges against Ashni Singh, Winston Brassington “frivolous” – Jagdeo

Opposition Leader Bharrat Jagdeo came out in swinging defence of former Finance Minster, Dr. Ashni Singh and former Head of the Privatisation Unit, Winston Brassington who have been charged with misconduct in public office. “In three years, that’s all you can charge for ? procedural errors and we don’t believe they are procedural errors,” Jagdeo told a news conference. He ...

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Former Finance Minister Ashni Singh, NICIL Head Winston Brassington charged in connection with GY$900 million land sales

Former Finance Minister, Dr. Ashni Singh and former Head of the National Industrial and Commercial Investments Limited (NICIL)/ Privatisation Unit, Winston Brassington were Thursday given until early next month to make an appearance in connection with the sale of three plots of land for a total of more than GY$900 million. Three charges of alleged misconduct in public office were ...

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Ashni Singh, Brassington charged in connection with land sales

Former Finance Minister, Ashni Singh and former Head of the Privatisation Unit, Winston Brassington have been charged in connection with the sale of threw plots of land. Their lawyer, Anil Nandlall said they have been charged with three counts f misconduct in public office. Nandlall said it has to with the sale of the three plots of land on the ...

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Guyana to hire overseas experts for Department of Energy

President David Granger on Wednesday said government would be turning its attention to overseas hire experts to staff the Department of Energy in the Ministry of the Presidency. With a road-map already in place, the Guyanese leader said the search would extend for a building and “quality personnel” for the Department. Saying that already “there is progress”, Granger acknowledged that one ...

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