Finance Minister, Winston Jordan on Friday declared that he does not believe in granting concessions, but instead prefers to lower taxes over a period of time. Wrapping up the National Assembly’s debate on the GYD$250 billion budget for 2017, Jordan said he has long told the Private Sector Commission (PSC) that they should not go to him for concessions. He ...
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Jagdeo shackled sugar to a deathbed, this Gov’t saved it with $31B- PM Nagamootoo
Prime Minister Moses Nagamootoo said the $31B injected to save the sugar industry from its death-bed under the PPP should debunk claims that this government is not interested in the sugar industry. “They came like a discordant choir,” PM Nagamootoo told the National Assembly in the absence of the opposition PPP, “they didn’t recognise the courage it takes to embrace ...
Read More »Wales Estate workers receive severance pay; not a “pick-pocket” budget – PM Nagamootoo
Almost 100 sacked workers at the Guyana Sugar Corporation’s (Guysuco) Wales Estate have received GY$80.1 million in severance pay, Prime Minister Moses Nagamootoo announced on Friday. He said after the monies were paid to the 93 former workers at the Wales Estate, the Guyana Agricultural and General Workers Union (GAWU) that had brought a court case against the company for ...
Read More »WPA defends Rupert Roopnaraine in D’urban Park controversy
The Working Peoples Alliance (WPA) on Thursday came out swinging in favour of its co-leader, Dr. Rupert Roopnaraine who has been criticised for being a board member of a government-backed company that was in charge of the D’Urban Park development project for Guyana’s 50th Independence anniversary celebration. “The usual partisan band of sanctimonious, duplicitous, dishonest and self-promoting political parties, groups ...
Read More »Jagdeo warns PPP will win 2020 election, undo APNU+AFC 2017 budget measures
Opposition Leader Bharrat Jagdeo has put the David Granger administration on notice that once his party resumes office, presumably in 2020, they will not only undo some of the 2017 budget measures, but also come against any foreign company operating in Guyana through a non-transparent process. “[Once] we determine that the assets of GuySuCo or any other company were given ...
Read More »Declining foreign direct investments will “tank” Guyana’s exchange rate- Jagdeo
Opposition Leader, Bharrat Jagdeo on Friday said the failure of government to attract new investments was causing a shortage in United States dollars (US$) instead of a buying of that currency by Barbadians and Trinidad and Tobago nationals to satisfy their countries’ demand for foreign exchange. He warned that government’s failure to attract Foreign Direct Investments, down to a mere ...
Read More »Minister Ramjattan must say if he has lost the war on crime- Opposition MP Rohee
With the perception of crime still high in Guyana, Opposition MP and former security minister, Clement Rohee, has called for Public Security Minister Khemraj Ramjattan to declare to the people whether he has lost the war on crime. “Can the Guyana Police Force deliver,” Rohee questioned during his budget debate, “how much can they deliver when fighting and backstabbing is ...
Read More »Friends robbed after transacting business in City
One of two robbery victims has been admitted a patient at the Georgetown Public Hospitall, nursing a gunshot wound to his right thigh. The Guyana Police Force said the victims Gavin Ramlall, 22years, a contractor of Chateau Margot, East Coast Demerara, and his friend David Mangroo, 64 yrs, of Section ‘B’ Pattensen, Turkeyen East Coast Demerara were in Georgetown earlier ...
Read More »Confusion grips Nat’l Assembly during debates over Sussex Street drug bond
After a tense exchange of words in the National Assembly between Opposition MP Anil Nandlall and Public Health Minister Dr George Norton over the content of the controversial $12M monthly Sussex Street bond, the National Assembly’s Speaker Dr Barton Scotland was made to put his foot down and set up an investigative team to visit the storage bond while the ...
Read More »$100M allocated for rebuilding Health Ministry building destroyed in 2009 arson
Government has earmarked $100M to have the Public Health Ministry building at Brickdam rebuilt, which was gutted by fire set by an arsonist in 2009. “It is a known fact that the head office of the Ministry of Public Health was burnt to the ground nearly 8 years ago since July 2009 during the past regime,” Public Health Minister Dr ...
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