Tag Archives: Vice President Bharrat Jagdeo

City businessman and Natural Resources Fund (NRF) Investment Committee member, Dr Terrence Campbell on Tuesday lodged a formal complaint with the Ethnic Relations Commission (ERC) against Vice President Bharrat Jagdeo for allegedly exciting racial hostility by interpreting his words to mean an attack on East Indians. At the centre of the complaint is the city businessman’s contention in a letter ...

Former Finance Minister Winston Jordan on Sunday urged the Guyana government to formally ask ExxonMobil to renegotiate the 2016 Production Sharing Agreement (PSA), even as he accused President Irfaan Ali and Vice President Bharrat Jagdeo of flip-flopping. “I see nothing wrong in writing to Exxon, initiating the process of renegotiating the contract. Until you do that, you do not know ...

Guyana on Thursday said there was no room for negotiations with Canadian co-venturers, Frontera and CGX Energy, over the Corentyne block because the licence has expired. Vice President Bharrat Jagdeo told a press conference that nothing requires government to formally inform the CVs that their licence to the 6,200 square kilometer Corentyne block has expired. He made known government’s position ...

The Guyana government might re-establish a development bank between 2025 and 2030 and co-invest in the construction of a deep-water port, Vice President Bharrat Jagdeo announced Thursday. He told the Guyana Manufacturing and Services Association’s (GMSA) annual awards ceremony that the planned financial institution would offer financing for small- and medium-sized businesses. “At some point in time, we may return ...

by GHK Lall This is why Vice President, Dr. Bharrat Jagdeo is so dead set against an opposition face and mind around public procurement. Dr. Terrence Campbell, the opposition nominated member on the Natural Resources Fund (NRF) investment committee had his say. Dr. Jagdeo says that itemizing what is done with monies withdrawals from the NRF would be a difficult ...

A member of the Natural Resources Fund (NRF) Investment Committee believes that government should list how it intends to spend oil revenues before the money can be transferred to the consolidated fund, but Vice President Bharrat Jagdeo on Thursday resisted the idea and said accountability rests with the National Assembly. “What sense does it make?…So next year, should we start ...

Vice President Bharrat Jagdeo on Thursday categorically ruled out political opposition representation on the National Procurement and Tender Administration Board (NPTAB) which decides on the award of contracts. He said the Executive would not allow its work to be frustrated by a “negative and obstruction” opposition because government has to be accountable to the electorate. “It is something we will ...

India’s Prime Minister, Narendra Modi on Thursday described President Irfaan Ali and two former Guyanese presidents “as ambassadors” of the Indo-Guyanese community that has contributed to Guyana’s economic growth, liberation and democracy. “I salute the spirit of the Indo-Guyanese community. You fought for freedom and democracy . You have worked to make Guyana one of the fastest growing economies. From ...

Vice President Bharrat Jagdeo on Thursday said the Guyana government would be taking advantage of the new Donald Trump-led administration to dispel a number of opposition-fomented lies against his administration. “We’re looking forward to debunk all of the lies particularly with the new administration when it takes office in January,” he told a news conference at his ruling People’s Progressive ...

Though many non-bank cambios are selling United States dollars at a rate of GY$219 for US$1, Guyanese are being assured that there is sufficient foreign exchange in the l0cal market and there are new rules governing currency trading. “Most of the banks are comfortable but when they have this money, they just give it out to make profit so we ...