Former Prime Minister, Samuel Hinds Saturday warned that the movement of billions of dollars from a number of state-owned entities and commercial banks to the Consolidated Fund and subsequent spending would once again lead to an economic downturn. “The danger is that it would be used to raise recurring current expenditure to unsustainable (at this time) levels putting us at ...

In the face of threats by government to go after former Finance Minister, Dr. Ashni Singh for the spending of GYD$4.5 billion from the Treasury without parliamentary approval, former President Donald Ramotar is sticking by Singh. “The fact of the matter is that Ashni Singh did nothing wrong and acted legally,” he said in a statement. Government had spent the ...

Police are investigating the stabbing death of a man at Greenwich Park, East Bank, Essequibo Village and at Cane Grove Village, East Coast Demerara. He is Dewan Baksh, 22, years of Tuschen, East Bank Essequibo. Police said he was at the time imbibing at Pink Shop when he and another man were involved in a fracas. In the process, he was ...

The Guyana Police Force (GPF) is continuing to lay the blame squarely on the Police Service Commission (PSC) for the delay in promoting police ranks. The PSC has already notified the Police Force that promotions would not be known until February, 2016. In a statement, the force said Police Commissioner Seelall Persaud in October 2015 immediately dispatched the personal files ...

A Corenytne man is Guyana’s first reported murder victim for 2016, according to the police force. The incident occurred at 12:10 Friday, January 1, 2016. He is 24-year old Asif Hafeez of Crabwood Creek. Investigators were told that he another man were consuming alcoholic beverages when an argument ensued between them and Hafeez was stabbed to his neck. He was ...

Twelve cultural and religious organisations have been awarded the Medal of Service to usher in 2016-the commencement of Guyana’s 50th Independence Anniversary and a year in which President David Granger hopes will mark a rebirth of the nation. “We, the Guyanese people, chose to change the country’s political culture when we elected a multi-party coalition in 2015. It is now ...

Despite  a significant drop in gold prices on the world market, and challenges in the mining sector over the past year, the Guyana Gold Board (GGB) has recorded 451,490 ounces of declared gold, surpassing this year’s target of 380,000 ounces, government announced Thursday. With the declarations, the GCB has recorded export earnings of approximately US$500 million, making the mineral, once ...

The Ministry of the Presidency Thursday announced the re-establishment of the Ministry of Natural Resources and the establishment of a new one called the Ministry of Telecommunications. Making the official announcement that Minister of Tourism, Catherine Hughes will now be named Minister for Public Telecommunications, while maintaining Ministerial responsibility for Tourism, President Granger said, “The reason is that after seven months, ...

Public Infrastructure Minister, David Patterson Thursday said he saw no reason to send the Chief Executive Officer of the Guyana Power and Light (GPL), Colin Welch on leave while a probe into alleged irregularities for the procurement of pre-paid meters was ongoing. “I have not found it necessary to move him until that investigation is completed and if you are ...

The Guyana government has taken possession of a hangar at the Cheddi Jagan International Airport after the lease to Guyanese cash-jet pilot, Khamraj Lall, expired. Minister of Public Infrastructure, David Patterson said Lall’s representatives had written to the Attorney General, Basil Williams claiming that they still had a stake in the property but was told that the clear condition on ...