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Tag Archives: Guyana

OPINION Five years to real oil prosperity could be an eternity

by GHK Lall Five years to 2025, according to the Hon. Minister of Finance. That is how long before the oil money would start coming in, the real meaningful money. The money that, if honestly and wisely (prudent is the word) used, could make a world of difference for Guyanese. Every single citizen. I can only agree with anyone, who ...

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OPINION: Foreign exchange rate spike exposes so much that is wrong here

by GHK Lall The Demerara Waves Online News article dated October 9 titled, “Bank of Guyana probe uncovering reasons for US notes shortage at cambios” covered a lot of territory. In many respects, it has been fiercely contested territory. The focus and thrust of the Demerara Waves item were on the role of nonbank cambios in the ongoing foreign currency ...

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Commonwealth says Guyana in unconstitutional rule; urges President to set “early election date” “without delay”

Commonwealth Secretary-General, Patricia Scotland on Monday indicated that Guyana has entered a period of unconstitutional rule and the only way to reverse that is for President David Granger to “immediately” name an elections date for Guyanese to go to the polls “without further delay”. “The rule of law and constitutional governance are fundamental Commonwealth values to which Guyana has subscribed,” ...

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US, UK, Europe say Granger gov’t breached constitution

The United Kingdom, United States and the European Union said the government has breached the constitution by not calling general elections before September 18. “We deeply regret that, by surpassing September 18, the Government is currently in breach of the Constitution following its failure to adhere to the decisions of the Caribbean Court of Justice (CCJ) on 18 June and ...

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OPINION: 18 years later: the legacy of 9/11

By GHK Lall It is eighteen years later. For me, over here now in sunstroke Guyana, it is yesterday. That terrible day so long ago has ushered in a few things, which roil over there today, and are yet to climax. Outlooks started to change there and then; inexorably hardened to where things are now. I heard some of them ...

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No direct impact of Amazon fires on Guyana -Natural Resources Minister

Minister of Natural Resources, Raphael Trotman has assured that the ongoing wildfires in the Amazon rainforest, though troubling, will have no direct impact on Guyana. The minister told journalists recently that the Guyana Forestry Commission (GFC) has increased its monitoring of this country’s forest. “As a government, of course, we are concerned. The Forestry Commission will be monitoring our own ...

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AG Williams, Nandlall, Ramkarran differ on economic impact of no-confidence motion

Attorney General, Basil Williams on Monday sought to downplay the fallout from the now eight-month old no-confidence motion on Guyana’s business climate, even as two prominent opposition-aligned lawyers forecast a rough period. Speaking during a panel discussion organised by the American Chamber of Commerce Guyana (AMCHAM-G) on the topic “The implication of the CCJ (Caribbean Court if Justice) Consequential Orders ...

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Guyana’s plans to raise oil royalties could ‘diminish attractiveness’

Reproduced from Energy Voice By Allister Thomas Guyana’s plans to raise oil and gas royalties may “diminish attractiveness” to future investors, according to new analysis. Earlier this month the South American nation announced its intention to raise the government’s take in future oil licences. Analyst firm GlobalData said the country could raise royalties from the current 2% to 5%, but ...

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OPINION: Guyana at the precipice: two radically unprecedented realities today

by GHK Lall As I watch and reflect upon the unyielding political impasses, the questions that come are: what is so different this time? What is so compelling, so inflammatory, that there is neither space nor opportunity nor inclination to lean forward, to reach for something—anything—that would narrow the yawning space in Guyana’s political no man’s land? What is there ...

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Barbados wants to rear Blackbelly sheep in Guyana, Suriname

Reproduced from Barbados Today Government is exploring the possibility of rearing Barbados Blackbelly sheep in CARICOM’s two largest member states, Suriname and Guyana, as top civil servants prepare for a mission to South America next week. Paramaribo and Georgetown have offered land to Barbadian farmers for sheep rearing, said Minister of Agriculture and Food Security Indar Weir. “We are sending ...

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