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Tag Archives: President Irfaan Ali

Guyana to cut some agri imports, save US$150 million yearly

Guyana intends to produce more than 60 percent of its onion needs, in addition to corn, soya, feed, black-eyed peas and red beans and so save the country more than US$150 million annually in foreign exchange, President Irfaan Ali said Wednesday. “We have experimented with onion production. We have proven, now, that we have the right mix of soil,” he ...

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Parika stelling assessment to inform upgrade for Caribbean ferry

The Parika Stelling is undergoing an assessment to ascertain the extent of the upgrade that is required for an intra-Caribbean ferry to dock there, but there would be a wider assessment that would include the other destination countries, President Irfaan Ali said Wednesday. “That assessment is now in its final stages. We are waiting now on the full assessment because ...

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UN Security Council concerned about “possible escalation” of Guyana-Venezuela tensions

The 15-member United Nations Security Council (UNSC) is concerned about the possible escalation of tensions between Venezuela and Guyana. The Council met on April 11 at the request of Guyana’s President, Irfaan Ali amid heightened moves by Venezuela. They included the approval of a law that effectively sets the basis for Venezuela to seize Guyana’s Essequibo Region. Following is the ...

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Guyana to hire Cuban engineers to stabilise electricity sector

President Irfaan Ali on Friday announced that government has turned to Cuba for engineers to help manage the Guyana Power and Light’s (GPL) electricity system. He said government has approved GPL’s hiring of 10 additional engineers with the “relevant skills” to ensure maintenance and reliability of the system. “They have very skilled technical personnel who they are willing to deploy ...

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UN Security Council supports respect for territorial integrity, international law- Guyana

The United Nations Security Council (UNSC) on Tuesday unanimously supported respect for sovereignty, territorial integrity and international law, at a closed door meeting that Guyana requested to address Venezuela’s moves to possibly seize the Essequibo Region. “I think Venezuela found it hard to find a friend,” a source told Demerara Waves Online News on condition of anonymity. “I think the ...

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Guyana to lobby UK insurance company to reduce risk analysis

President Irfaan Ali on Tuesday announced that Guyana has requested the United Kingdom (UK) government to consider mounting a joint lobby to Lloyd’s of London insurance company to reduce its risk assessment of this country’s maritime space due to the border controversy with Venezuela. “Together, we will have to speak to Lloyd’s so that they can understand the nuances, the ...

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President hints foreign military help on standby if Venezuela becomes reckless

President Irfaan Ali on Saturday hinted that Guyana has received commitments from its “strategic partners” to respond to any military aggression from Venezuela after the December 3 referendum that seeks to annex the 160,000 square kilometre county of Essequibo. Asked whether Guyana would be seeking military support from the United States (US) or its other strategic partners in countering any ...

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President flays private sector for failing to grasp business opportunities; offers to assist in crafting proposals to bank

Even as President Irfaan Ali on Friday bashed the private sector for failing to take advantage of foreign investment opportunities from Saudi Arabia and South Korea, he announced that government was willing to help write business plans and negotiate with commercial banks for low interest loans. “I am ready, as your President, to help to put together a team to ...

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Swifter COVID-19 testing, distance education delivery, loan repayment relief -President Ali

President Irfaan Ali on Wednesday night unveiled a package of measures to ease the cash strain on thousands of Guyanese due to the economic downturn caused by the COVID-19 pandemic, even as he announced plans to increase testing countrywide and acquire results in a short time and clear a backlog of 700 tests. The President said his administration wants to ...

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