Tag Archives: economic stimulation

President David Granger Friday night said he expected increased jobs and assured that oil revenues would be spent wisely, shortly after ExxonMobil announced that it earlier in the day began commercial oil production from the Liza field offshore Guyana. “The petroleum sector will stimulate increased employment and expand services,” he said in an address to the nation. He announced that ...

The Change Guyana political party on Tuesday proposed a steep reduction or elimination of a range of taxes as a way of reducing poverty and stimulating private sector-led development. The party is promising to make the first GYD$100,000 of salaries free from income tax in 2020, in view of its calculation that a household cost of living is GYD$120,000 per ...