News

A Tax Review Committee has suggested to Finance Minister, Winston Jordan that if the 16 percent Value Added Tax (VAT) is to be reduced, the number of zero-rated or non-taxable items would have to reduced to compensate for a loss of revenue, Finance Minister Winston Jordan said Monday. “The recommendation suggests that we should have less zero rated items so ...

Finance Minister, Winston Jordan Monday said government could not keep its election promise to pay members of the Guyana Police Force (GPF) higher salaries because the coffers could not afford it. “It is not a campaign promise wasn’t kept! Yes, on the surface it wasn’t kept but it was not because of bad-mind or whatever sake we didn’t keep it. ...

The opposition People’s Progressive Party Civic (PPPC) has ruled out sitting on the University of Guyana’s (UG) Council and State Boards unless President David Granger assures that there would be no political intervention in decision-making. “Until we have assurances that the Boards would have total autonomy over the entities, we cannot be part of rubber-stamping corruption or discrimination or any ...

Ahead of parliamentary approval of GYD$350 million in the National Budget for the construction of the Specialty Hospital, Fedders-Lloyd is yet to complete  an assessment of the works done so far at the worksite by another Indian company whose contract has been scrapped. The 2016 estimates of expenditure shows that Guyana government has set aside GYD$350 million for thewhich includes mobilization ...

Guyana would ask Canada to extradite the  Guyana Power and Light’s (GPL) former Deputy Chief Executive Officer, Aeshwar Deonarine to answer a charge related to the alleged theft of more than GYD$27 million from the power company. Minister of Public Security, Khemraj Ramjattan said Guyana has asked the Royal Canadian Mounted Police (RCMP), through the International Police (InterPol), to locate ...

Leader of the Alliance For Change (AFC), Khemraj Ramjattan Saturday said if he did not back down from his original position of not linking up with A Partnership for National Unity (APNU), the People’s Progressive Party Civic (PPPC) would have retained government. “There was a huge amount of thought that went into it,” he said. Months before the May 11, ...

On Thursday January 28, 2016, the police responded to a report of an alleged armed robbery that was committed on the driver and porter of a business company involved in the sale of confectionery and snack foods at about 1840h. on the same day at Harlem, WCD.   The driver and porter reported that they were travelling in their Canter ...

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, ...

Opposition Leader, Bharrat Jagdeo forecasts a hike in transportation due to the ban on used tyres and a restriction on the importation of used vehicles to eight years and under- effectively pushing up the cost of acquiring vehicles. “If you have to buy new tyres, if you can’t get a new vehicle that is more than eight years old… I ...

Opposition Leader, Bharrat Jagdeo was Friday afternoon riled by government’s announcement that Guyanese would first have to prove that they are paying their taxes before they are granted licences and tax exemptions. “This is a big brother kind of approach. The GRA (Guyana Revenue Authority) will now have a primary part in our lives once again. It is an old Burnhamite ...