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Daily Archives: May 23, 2016

Education key to African Guyanese development- Greenidge

Vice President and Minister of Foreign Affairs, Carl Greenidge Monday night called on Afro-Guyanese to take advantage of education as a means of improving their quality of life and social and economic advancement. “It is important that we find a means of ensuring that the current generation can also value education, recognise the role of education in social mobility,” he ...

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President meets US-based Guyanese scholar Kelly Hyles

President David Granger on Monday met with Ms. Kelly Hyles, the 17-year-old Guyanese girl, who was accepted into 21 colleges across the United States of America, including eight Ivy League universities. Ms. Hyles was accompanied to the Ministry of the Presidency by her mother, Ms. Anetta Earl, her aunt, Mrs. Shaundelle Inniss-Munroe, her uncle, Mr. Kenneth Earl and social activist, ...

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IMF to help Guyana review VAT; changes likely next year- Finance Minister

A team of International Monetary Fund (IMF) experts is expected in Guyana shortly to examine ways of reducing the 16 percent Value Added Tax (VAT) ahead of changes that might be announced in next year’s National Budget. Finance Minister, Winston Jordan said a team from the IMF’s Barbados-based Caribbean Regional Technical Assistance Centre (CARTAC) would be going to Georgetown  conduct ...

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Finance Minister disagrees with Opposition Leader on tax settlement

Finance Minister, Winston Jordan has rejected claims by Opposition Leader, Bharrat Jagdeo that a tax deal between Guyana Revenue Authority (GRA) and Demerara Distillers Limited (DDL) has set a dangerous precedent for similar demands to be made by other companies. “No! Settlements at GRA go on all the time… Listen, they (GRA) didn’t wake up overnight and decide to settle,” ...

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$1, $5 coins to be pulled out of circulation- Central Bank Governor

One dollar and five dollar coins are to be pulled out of circulation soon, Bank of Guyana Governor, Dr. Gobind Ganga announced on Monday. No date has been set. He, however, said an assessment would first have to be conducted before the coins are withdrawn. “We are currently looking at the feasibility of eliminating the one dollar coin of which ...

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No job-creation target yet- Finance Minister

Finance Minister, Winston Jordan on Monday said he was yet to get a plan off the ground that would result in job-creation, but cited political stability and value-added production as major ingredients. “I am going to pin down a numerical target as soon as I could get my national plan going,” he told a news conference at the Finance Ministry ...

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