The Guyana government would have to resort to using one-twelfth of this year’s national budget and would be unable to finance new projects if general elections are not called before yearend, Finance Minister Winston Jordan said. He said this year’s budget expires on December 31. “Come January, people will be paid their salaries and so on but you will not ...

Political uncertainty, including threats to review deals, has posed a setback in the sale of several Guyana Sugar Corporation (GuySuCo) estates, Finance Minister Winston Jordan said Wednesday. “The sale of the estates has been delayed partly due to the political side because nobody is expressing interest when the opposition (People’s Progressive Party) says ‘we are going to review sales and ...

Finance Minister, Winston Jordan on Wednesday projected a 4.5 percent growth in Guyana’s economy for this year, five straight years of continuous growth compared to the Bharrat Jagdeo-led administration. Speaking at the presentation of the 2019 mid-year report, he said this year’s growth rate has been revised again. Originally, the projection was 4.6 percent but that was adjusted downward to ...

Former Foreign Minister Carl Greenidge has confirmed that the Guyana government does not favour direct cash transfers into the hands of ordinary Guyanese on the grounds that it will encourage unemployment, a position that was roundly rejected by Chairman of the Buxton First of August Movement (FAM-Buxton), Professor David Hinds. “I don’t know that one can give a definitive answer ...

Director of the Department of Energy, Dr. Mark Bynoe, Monday morning, announced that the UK-based Tullow Oil Plc wholly owned subsidiary Tullow Guyana B.V. discovered oil in commercial quantities. The oil was found in the Jethro-1 exploration well, drilled in the Orinduik Block offshore Guyana. The Jethro-1 well was drilled by the Stena Forth drillship to a total depth of ...

By GHK Lall It is encouraging to read that the President and Opposition Leader started meeting yesterday (Friday, Aug. 9, 2019) to discuss the way forward. It is the only option: meeting and exploring for finalizing; it is that and nothing else. Nothing else is there, other than the meaningless sounds and postures through public advertisements that do nothing for ...

President David Granger on Thursday said he would await the Guyana Elections Commission’s (GECOM) advice after next week’s High Court decision on the fate of the house-to-house registration process. He indicated that after GECOM Chairperson, Retired Justice Claudette Singh briefs him on the outcome of the August 15 meeting of the seven-member commission, Guyanese would have a clearer idea of ...

President David Granger is Thursday scheduled to meet with the seven-member Guyana Elections Commission (GECOM), ahead of a possible announcement of an elections date in December, officials confirmed. A well-placed official said the talks are slated for 10 am at the Ministry of the Presidency and is linked to his imminent naming of an election date. Demerara Waves Online News ...

The three officers of the Ministry of the Presidency’s Department of the Public Service who were fired in June of this year by Public Service Minister Tabita Sarabo-Halley, have been reinstated following a board of inquiry. “The board found that the letters to the three public servants were unlawful and having regard to its observations and findings, recommended that the ...

The Guyana government has signaled that it has taken aim at convicted drug lord, Roger Khan, who is yet to be deported from the United States where he had served 10 years for trafficking cocaine. Attorney General Basil Williams, in Tuesday night rejecting opposition concerns that he had allegedly threatened post-elections violence if there was no house-to-house registration to create ...