https://i0.wp.com/demerarawaves.com/wp-content/uploads/2024/03/UG-2024-5.png!

Tag Archives: Guyana

Ramjattan recalls back-pedaling on no AFC alliance with APNU

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, ...

Read More »

Three, including employees, nabbed in staged robbery- police

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 ...

Read More »

Berbice Bridge budgeted for $150M subsidy

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, ...

Read More »

Transportation costs to increase- Jagdeo

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 ...

Read More »

NEW RULES: Pay your taxes first before you’re granted licenses, exemptions- Finance Minister

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 ...

Read More »

“Anti-poor, anti-development” – Jagdeo says “this budget cannot start the good life”

Mere minutes after Finance Minister Winston Jordan announced a GYD$230B Budget for 2016, Opposition Leader Bharrat Jagdeo says that the Budget is “anti-poor and anti-development.” Jagdeo at a press conference shortly after Jordan concluded his budget speech declared that some Guyanese are still confused and might still be trying to figure out what really happened in the National Assembly. He ...

Read More »

Economy to grow by 4.4%; inflation at 2%

Guyana’s economy is predicted to grow by some 4.4% in 2016, says Finance Minister Winston Jordan. Jordan during the presentation of his 2016 Budget stated that while Guyana recorded economic growth of 3% in 2015, the economy will rebound in 2016. He said that having emerged from the disruptive year that was 2015, the clear expectation is that 2016 will ...

Read More »

Public Servants salary increases to be announced later

Public Servants in Guyana will have to wait a little longer than January 29, to know what increases they will be given if any in 2016. During the presentation of the 2016 Budget on January 29, Finance Minister Winston Jordan did not announce an increase for public servants – a gross deviation from the norm. In his address to the ...

Read More »

Pension increased by $1200; Public assistance gets $1300 boost

The Government of Guyana in its 2016 Budget has revealed an increase to pension by $1200 and public assistance increase by $1300. This was revealed by Finance Minister Winston Jordan during the presentation of his 2016 Budget speech to the National Assembly on Thursday. He said that effective April 1, 2016 Old Age Pension will increase from $17,000 to $18,200. ...

Read More »

No excise tax on vehicles under 4 years old; Ban on used tyres to be implemented

 Government has announced its intention to increase sweeping reforms the tax sector which include the removal of excise tax on new vehicles that are under 4 years old. This was announced by Finance Minister Winston Jordan in his 2016 Budget Speech.   According to the Minister, persons importing vehicle under 4 years old and under 1500cc will no longer be ...

Read More »