Last Updated on Friday, 29 January 2016, 17:59 by Writer Guyana’s economy is predicted to grow by some 4.4% in 2016, says Finance Minister Winston Jordan. Jordan during the presentation of his 2016 Budget stated that while Guyana recorded economic growth of 3% in 2015, the economy will rebound in 2016. He said that having emerged from the disruptive year ...

Last Updated on Friday, 29 January 2016, 16:53 by Denis Chabrol Public Servants in Guyana will have to wait a little longer than January 29, to know what increases they will be given if any in 2016. During the presentation of the 2016 Budget on January 29, Finance Minister Winston Jordan did not announce an increase for public servants – ...

Last Updated on Friday, 29 January 2016, 16:49 by Writer The Government of Guyana in its 2016 Budget has revealed an increase to pension by $1200 and public assistance increase by $1300. This was revealed by Finance Minister Winston Jordan during the presentation of his 2016 Budget speech to the National Assembly on Thursday. He said that effective April 1, ...

Last Updated on Friday, 29 January 2016, 16:53 by Denis Chabrol  Government has announced its intention to increase sweeping reforms the tax sector which include the removal of excise tax on new vehicles that are under 4 years old. This was announced by Finance Minister Winston Jordan in his 2016 Budget Speech.   According to the Minister, persons importing vehicle ...

Last Updated on Friday, 29 January 2016, 21:59 by Denis Chabrol 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 ...

Last Updated on Friday, 29 January 2016, 15:30 by Writer Finance Minister Winston Jordan has revealed that the government has plans to increase its investments in the Information Technology Sector with over $3B budgeted for works in the sector. Jordan made the announcement during the presentation of Budget 2016, under the theme Stimulating Growth, Restoring Confidence: The Good Life Beckons. ...

Last Updated on Monday, 19 August 2019, 17:38 by Writer Another oil company has been granted oil exploratory license from the Government of Guyana to conduct exploration in the Orinduik Block. This is according to Finance Minister Winston Jordan who made the announcement during his Budget 2016 Speech noting that oil is poised to become an important industry for Guyana. ...

Last Updated on Friday, 29 January 2016, 15:17 by Writer In a surprise move on Thursday, Finance Minister Winston Jordan has announced that more money will be given as subvention to the National Communications Network (NCN). Jordan made the announcement while delivering his speech for Budget 2016, which was presented to the National Assembly. In 2015 NCN which fell under ...

Last Updated on Friday, 29 January 2016, 22:00 by Denis Chabrol 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 ...

Last Updated on Friday, 29 January 2016, 14:00 by Writer While the government of Guyana is not contesting Guyana being listed among countries afflicted by a Zika pandemic, it is affirming that the country only has one case of the Zika virus. At an emergency press conference on January 29, Guyana’s Ministry of Public Health made it clear that only ...