Economy

President David Granger on Wednesday sought to dispel concerns that he is opposed to direct cash transfer of some oil revenues to Guyanese, even as the Working People’s Alliance (WPA) signaled that it was ready to modify its proposal with other political parties in A Partnership for National Unity (APNU) whenever those talks begin. “There has been a lot of ...

The United Kingdom-headquartered Tullow Oil, which has discovered oil twice offshore Guyana, says it is already advancing plans to set up a shore base here. Tullow’s Head of Communications, George Cazenove says the shore base will be established in another two to three months. “We will have a shore base here…. You will see a greater presence,” he told News-Talk ...

President David Granger Saturday evening appealed to residents of Linden to again vote solidly for his People’s National Congress Reform (PNCR)-dominated coalition, citing a number of achievements including an end to drugs-related killings. “We deserve another five years to conduct, to carry on the work we have started,” he told about 1,500 supporters at the PNCR’s 62nd anniversary rally outside ...

The opposition People’s Progressive Party (PPP) on Thursday virtually endorsed the Working People’s Alliance’s (WPA) proposal of direct cash transfer of some projected oil revenues, but preferring to target the poor and needy instead of all just over 200,000 households across Guyana. “In fact, in our manifesto, we are going to be talking about conditional transfers, targeted transfers to vulnerable ...

Foreign Affairs Minister, Karen Cummings has said the Guyana government has been actively considering the Working People’s Alliance’s (WPA) proposal of direct cash transfers of some oil revenues to Guyana’s households. “I would say it’s in progress. We are still continuing how we are going to actually do this cash transfer so I don’t want to give myself liberty right ...

Working People’s Alliance co-leader, Economics Professor, Clive Thomas has labelled as “ignars” those in government who have rebuffed his proposed transfer of 10 percent after-tax oil revenues to households. Professor Thomas has proposed that by 2025 when Guyana’s oil production soars to about 1 million to 2.5 million barrels per day, each household should get US$5,000 every year. Guyana has ...

By GHK Lall Guyanese have neither time nor interest for any news, other than elections news. Good news, encouraging news, is wasted on us. Place it before them and heads and backs turn away. Even the government has lost focus (and its marbles) in the hysterias of a most scorching elections season. Good news, promising news, gets swallowed up, trampled ...

President David Granger says his administration’s priority is ensuring that Guyanese have access to high-quality, free education across the country instead of doling out “handouts” to the population. “It does not speak about gifts, it does not speak about handouts, it does not speak about vouchers. It speaks about education…if you follow me,” he said in reference to the United ...

Granger reacts to heckling: “I hope that the intellectual authors of the disorder would be able to stop what they have started.” Jagdeo to Granger: “ I don’t give a damn about your threat.” President David Granger on Thursday promised that the governing coalition would accept the results of the next general elections now widely expected any time after February, ...

By GHK Lall Elections now! It is clearly an insistence that promises to drag this society from the dark gutter to a deep grave. I believe that the hard, clashing visions and passions are so heated, with matters ever poised at a dangerous pitch, that the clamors are unwise. I hold this position, and it is mine only, regardless of ...