While the Private Sector Commission (PSC) says it is pleased with Budget 2016, it has some grievances that it would like to be addressed. Among those is the proposed ban on the importation of vehicles older than 8 years to Guyana. PSC in a release on Wednesday stated that the ban on vehicle importation has some serious connotations. "the introduction ...
Read More »Author Archives: Writer
Bound, gagged body of pensioner found in Essequibo home
Police are conducting investigations into the circumstances surrounding the death of a 63-year-old man of East Bank Essequibo. According to a police statement, the body of Ramroop Rameshwar was found in his Parika Sea Dam, EBE home at about 06:30 hrs onTuesday February 02, 2016. Police say Rameshwar was found with his feet and hands tied and his mouth gagged, ...
Read More »“Fedders Lloyd all over again” – Jagdeo criticizes decision to engage Hope Beach Wind Farm
Government’s decision to begin talks with the owners of the Hope Beach Wind Farm on the possibility of buying power is “incestuous” and should be reviewed, says Opposition Leader Bharrat Jagdeo. Jagdeo at a press conference on Tuesday said that it was “Fedders Lloyd all over again” since the owners of the farm are close friends of the government. Jagdeo ...
Read More »Diversity is strength, not a weakness – President Granger
As Guyana joins the rest of the world in observance of interfaith week 2016, President David Granger says that it is imperative that Guyana look at diversity as a source of strength and not one of weakness. The President made the statement at the Arthur Chung Convention Center on Monday at the launch of Interfaith Week 2015. Religious faiths represented ...
Read More »Westford, Cummings on bail for 24 counts of fraud; Lawyers vow to fight “mickey mouse” charges
Already defending four charges of larceny, Former Public Service Minister Jennifer Westford and former Chief Personnel Officer at the Public Service Ministry Margaret Cummings were today slapped with 24 additional charges of fraud. The new charges stem from the alleged discovery of a GYD$600M fraud at the Ministry while it was under the stewardship of Westford. Both Westford and Cummings ...
Read More »No word of increased HIV in Region One
The Chief Medical Officer (CMO) at the Ministry of Public Health Dr Shamdeo Persaud says there is no confirmation regarding an increase in the number of persons being tested positive for HIV/AIDS in Region One among the Warrau Amerindians Dr Persaud in a recent interview with Demerara Waves explained that the Ministry has expanded its facilities to the area and ...
Read More »Berbice Bridge budgeted for $150M subsidy
Consequent to an arrangement between the Government of Guyana and the Berbice Bridge Company Incorporated (BBCI), the company is budgeted for a $150M subvention in the 2016 Budget. The 2016 fiscal plan for Guyana presented by the Finance Minister boosts a whooping total of $230B – the largest budget in Guyana’s history. According to the Estimates of the Public Sector, ...
Read More »“Anti-poor, anti-development” – Jagdeo says “this budget cannot start the good life”
Mere minutes after Finance Minister Winston Jordan announced a GYD$230B Budget for 2016, Opposition Leader Bharrat Jagdeo says that the Budget is “anti-poor and anti-development.” Jagdeo at a press conference shortly after Jordan concluded his budget speech declared that some Guyanese are still confused and might still be trying to figure out what really happened in the National Assembly. He ...
Read More »Economy to grow by 4.4%; inflation at 2%
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 that was 2015, the clear expectation is that 2016 will ...
Read More »Public Servants salary increases to be announced later
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 – a gross deviation from the norm. In his address to the ...
Read More »