The International Monetary Fund (IMF) has pointed to lingering uncertainty about how much profit oil Guyana will actually rake in, even as that global financial watchdog says it is ready to help the country prepare for oil price shocks. Preliminary findings of a 2019 Article IV official visit show that Guyana is well on its way to achieving 4.4 percent ...

A woman and a toddler were knocked down while crossing Brickdam, Georgetown, near Demico, eyewitnesses said. A speeding car, driven by a woman, fled the scene after an angry crowd converged, persons at the scene said. The pedestrian, believed to be in her 20s, was rushed to the Georgetown Public Hospital. She was surrounded by emergency responders of the Guyana ...

The Alliance For Change’s (AFC) endorsement of party leader, Khemraj Ramjattan, as its prime ministerial candidate for the governing coalition, will not be changed. AFC General Secretary, David Patterson told reporters shortly after his party’s executive was elected at its National Conference on Saturday that the Cummingsburg Accord, a political agreement with A Partnership for National Unity (APNU), provides for ...

The Alliance For Change delegates at their National Conference on Saturday voted overwhelmingly for Khemraj Ramjattan to be that party’s prime ministerial candidate, a party spokesman said. Earlier Saturday, Ramjattan was voted in unopposed as the AFC leader. If A Partnership for National Unity agrees, that will mean Ramjattan will replace incumbent Moses Nagamootoo. Nagamootoo left the conference before the ...

Public Infrastructure Minister David Patterson was Saturday afternoon returned as General Secretary of the Alliance For Change (AFC). He clinched 155 of the more than 250 votes cast for that post. The other contenders were Beverley Alert, Leonard Craig, and Michael Carrington. Incumbent Marlon Williams did not contest for the post of General Secretary. Patterson previously served as General Secretary ...

The Guyana Power and Light Inc. (GPL) says it successfully energized a new 13.8 kV submarine cable across the Demerara River linking the Vreed-en-Hoop and Kingston power plants on Tuesday. On June 2, GPL’s 69 kV cable sustained damages which resulted in the unavailability of 14 MW of generation to the eastern half of the Demerara-Berbice Interconnected System (DBIS). GPL ...

The Alliance For Change (AFC) on Saturday elected Khemraj Ramjattan as its leader and Raphael Trotman as its Chairman, a party spokesman disclosed. Their election followed a decision by other contenders for both posts to withdraw from the race. Ramjattan and Trotman, who co-founded the AFC with the late Sheila Holder, have over the years switched posts of leader and ...

Minister Jaipaul Sharma has been shifted from the Ministry of Finance to the Ministry of Public Infrastructure as its Junior Minister, sources said. Asked for the reason, the source would only say the move was “to enhance public administration”. Sharma, as Junior Finance Minister, had been named as having met with representatives of the Princess Group that at the time ...

The Guyana Police Force on Friday indicated that Minister of Public Infrastructure, David Patterson has been cleared of corruption and other allegations concerning the hiring of a Netherlands-based company that conducted a feasibility study for a new Demerara River bridge. The police force’s Special Organised Crime Unit (SOCU) received legal advice that there was no misuse of funds, no evidence ...

Director-General of the Ministry of the Presidency, Joseph Harmon said Friday that the Guyana government would abide by next week Tuesday’s judgments on whether last December’s no-confidence motion is valid and if President David Granger’s unilateral appointment of James Patterson as Chairman of the Guyana Elections Commission (GECOM) is unconstitutional. “Whatever decision the court arrives at, it is a decision, ...