The Caribbean Development Bank’s (CDB) Director of Economics, Justin Ram on Friday recommended the scrapping of the National Grade Six Assessment, even as he urged Guyana to be wary of a reduced population by 2100. Addressing the Georgetown Chamber of Commerce and Industry’s launch of the 10th edition of Business Guyana titled ‘Guyana: Potential Unleashed’, he commended the Barbados government ...
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Caribbean economist urges governments to reduce air fares
Director of Economics at the Caribbean Development Bank (CDB), Justin Ram has slammed regional governments for the high cost of air travel and he has called on them to slash the taxes and rake in more value-added and income taxes. “What I’m saying to governments—and I go all over the Caribbean—I say to governments: ‘stop being so myopic, reduce taxes ...
Read More »Guyana part of regional study on substituting refined sugar with “plantation white”
Guyana is among four sugar-producing Caribbean Community (CARICOM) member nations that will be the focus of a regional study on the prospects of substituting imported refined sugar with plantation white, the Caribbean Development Bank (CDB) said Tuesday. The Barbados-headquartered financial institution says it is collaborating with CARICOM to gather evidence to decide on the future of sugar in the regional ...
Read More »Multi-million dollar sea and river defence project launched
Guyana and the Caribbean Development Bank (CDB) on Wednesday launched a US$30 million sea defence rehabilitation project that is aimed at protecting at least 45,000 persons in several areas from floods and help improve investor confidence especially in agriculture. Officials said the Barbados-based CDB would contribute US$25 million and the Guyana government US$5,903 million to the sea and river defence ...
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