Co-founder of the Alliance For Change (AFC), Raphael Trotman will for the first time not be contesting any position at the upcoming National Conference, but incumbent General Secretary David Patterson is vying for only one position – Leader.| When the National Conference is held on June 11, Mr. Paterson will be coming up against co-founder Khemraj Ramjattan for the position ...
Read More »News
Amended wealth fund law “promotes transparency”- IMF
The International Monetary Fund (IMF) is praising the Guyana government’s amendments to the law governing the oil wealth fund. “The recent amendments to the 2019 Natural Resource Fund (NRF) Act set clear ceilings on withdrawals from the Fund for budgetary spending and promote transparency in the management and use of oil resources,” the IMF said. According to that financial institution, ...
Read More »IMF warns Guyana about fast-tracking public investment
The International Monetary Fund (IMF) is warning Guyana against spending rapidly on public investment projects because this can have severe economic consequences. “Staff urge caution in determining the pace of ramping up public investment. While pressing development challenges still face the country, a large surge in public investment could add inflationary pressure, affect competitiveness of the non-oil economy, lead to ...
Read More »Guyana is now UK’s single largest trading partner in the Caribbean
The United Kingdom is boasting increasing trade with Guyana, making this oil-rich nation its single largest trading partner in the Caribbean British High Commissioner to Guyana Jane Miller said Thursday night. Addressing the Queen’s Birthday Party, she said total trade between the UK and Guyana last year amounted to 560 million pounds sterling (approximately US$703,769,568), representing 21.6 percent of all ...
Read More »Three arrested for separate ganja, ammo busts
Three persons were arrested on Thursday in connection with two separate busts totalling 11 kilogrammes of marijuana and several round of ammunition, the Customs Anti-Narcotics Unit (CANU) said. That agency said 47-year old Raymond Tinnis, who was the lone occupant of a car, was arrested on the Mahaica Public Road for allegedly being in possession of 9.8 kilogrammes of marijuana. ...
Read More »Suspected wife killer arrested in Berbice
The prime suspect in the killing of his wife at their Crane Village, West Coast Demerara home was Thursday night arrested at a hotel in Corriverton, Berbice, the Guyana Police Force said. Forty-year old Clarence Farley was, according to police, arrested at Malinmar Hotel, Number 78 Village, Corriverton. He was wanted in connection with the killing of his wife, Omega ...
Read More »AFC mulls pulling out of coalition with APNU- sources
The Alliance For Change (AFC) is poised to consider whether it would withdraw from the coalition with its larger partner, the People’s National Congress Reform (PNCR)-led coalition of A Partnership for National Unity (APNU), officials said Wednesday. AFC Leader Khemraj Ramjattan declined to go into details but said his party’s National Conference would be doing so as part of a ...
Read More »Bogus fisherfolk will not receive cash grants: “We have to have a list that is transparent”- Mustapha
Minister of Agriculture Zulfikar Mustapha on Wednesday said every effort would be made to ensure only fisherfolk receive the GY$150,000 one-off cash grant to assist with rising cost of operations. Interacting with fisherfolk at one of the seashores, he said only legitimate persons would be able to draw down the money and even if one person owns several boats, he ...
Read More »ExxonMobil faces increased fine for flaring
The ExxonMobil-led Esso Exploration and Production Guyana Limited (EEPGL) will have to be pay a higher fine of US$50 per tonne of carbon monoxide, up from US$30, if it breaches the flaring rules under its Environmental Protection Agency’s (EPA)-renewed five-year permit for the Liza 1 project in the Stabroek Block. “The permit also goes further to require the Permit Holder ...
Read More »Guyana to receive Covid-19 vaccines for 5- to 11-year-olds
Guyana is about to get COVID vaccines for children between five and 11 years old, Health Minister Dr Frank Anthony said. Health Minister Dr Frank Anthony said 50,000 doses, which are expected from Spain, would be administered to 25,000 children. He was optimistic that parents would be willing to allow their their children between 5 and 11 years old to ...
Read More »